USD/CAD – 4H – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.37122 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.37122 – 1.37246 – 1.37145 – 1.36247 – 1.36482 – 1.35039 —
1.36797 – 1.36947 —
50.75701689129 – 48.853125539891 —
– —
1.37122 – 1772121600

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