EUR/CAD – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1.61088 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.62477 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

1.62477 – 1.62238 – 1.62353 – 1.61088 – 1.61272 – 1.61941 —
1.61221 – 1.61765 —
29.468020914785 – 49.044435645468 —
– —
1.62477 – 1776204000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –