EUR/CAD – 1H – SELL

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.60049 – 1.60129 – 1.59936 – 1.59379 – 1.5946 – 1.59422 —
1.59941 – 1.59620 —
53.248440798677 – 43.888435652776 —
– —
1.60049 – 1774861200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down – – – – – – – – –