USD/CAD – 30M – SELL

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 1.34929 is certain.

Caution: A possible change in the direction of the resistance level at 1.35679 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ” indicator signal is existing. The indicator shows ”. this is usually a bearish signal. The currency pair could go down.

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Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

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

1.35679 – 1.36734 – 1.37243 – 1.3548 – 1.35524 – 1.36241 —
1.35675 – 1.35687 —
52.5874288763 – 37.886931031284 —
– —
1.35679 – 1770692400

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – – – – – – – – –