EUR/CAD – 1H – SELL

Besides a ‘Double bottom retreat down’ chart layout is detected. The chart shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to fall.

Besides a ‘Tweezers Top’ chart pattern is found. The chart forms ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.61615 – 1.61556 – 1.61549 – 1.61016 – 1.61113 – 1.61167 —
1.61913 – 1.61625 —
69.541869919958 – 50.81755565289 —
– —
1.61615 – 1770361200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top – Double bottom retreat down – – – – – – – –