EUR/CAD – 30M – BUY

The pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 1.61446 is likely expected.

Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Bearish SBS White Lines’ candle chart pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.61446 – 1.61575 – 1.61711 – 1.60839 – 1.60978 – 1.60914 —
1.61446 – 1.61366 —
73.243017221169 – 53.83135029754 —
1.61446 – 1771606800 —
– 1771606800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish SBS White Lines – – – – – – – – –