EUR/CAD – 1H – BUY

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Bearish Engulfing’ candlestick pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

1.61646 – 1.61612 – 1.61662 – 1.61263 – 1.61205 – 1.61294 —
1.61562 – 1.61479 —
61.393950439552 – 41.751937653927 —
– —
1.61646 – 1772046000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Engulfing – Double bottom chart pattern – – – – – – – –