EUR/CAD – 4H – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

1.62013 – 1.63936 – 1.62623 – 1.61055 – 1.60742 – 1.61423 —
1.61463 – 1.61463 —
45.536495623684 – 47.404533020801 —
– —
1.62013 – 1770019200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Engulfing – Double bottom retreat down – – – – – – – –