EUR/CAD – 30M – SELL

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.58123 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 1.58798 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.58798 – 1.58682 – 1.59276 – 1.58123 – 1.58535 – 1.58436 —
1.58638 – 1.58466 —
48.582002237513 – 34.606228508933 —
– —
1.58798 – 1772739000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Two Crows – Symmetrical Triangle Chart Pattern – – – – – – – –