EUR/CAD – 30M – SELL

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.61252708 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 1.62019 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.62019 – 1.61581 – 1.61615 – 1.61350 – 1.61427 – 1.61016 —
1.61453 – 1.61603 —
44.704994401783 – 50.819943852031 —
1.61350 – 1770714000 —
1.62019 – 1770652800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Double top retreat up – – – – – – – –