Sell EUR/CAD – 1H – SELL

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

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

Support & Resistance Price Range*
3rd High 1.61722
2nd High 1.61711
Next High 1.61575
Current Price 1.61201
Next Low
2nd Low
3rd Low

1.61575 – 1.61711 – 1.61722 – 1.60839 – 1.60914 – 1.61307 —
1.61132 – 1.61276 —
49.180372019008 – 58.932387723218 —
– —
1.61575 – 1771488000

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