USD/CAD – 30M – SELL

The combination US Dollar/Canadian Dollar (USD/CAD) jumps from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 1.36031 is expected.

Caution: A possible change in the direction of the resistance zone at 1.36703 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Southern Doji’ candlestick pattern is existing. The candles show ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.36703 – 1.369 – 1.36996 – 1.36265 – 1.36438 – 1.36529 —
1.36703 – 1.36360 —
53.648200596683 – 40.021040463978 —
1.36703 – 1772706600 —
– 1772706600

Trading Signals: FOREX – USD – USD/CAD – CAD – Southern Doji – – – – – – – – –