EUR/CAD – 1H – SELL

Additionally a ‘RSI Bullish Divergence’ indicator signal is found. The indicator is ‘RSI Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.

Additionally a ‘MACD Bullish Divergence’ indicator signal is found. The indicator is ‘MACD Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.60974954 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 1.61186 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bearish SBS White Lines’ candlestick pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.61186 – 1.61831 – 1.62477 – 1.60674 – 1.60566 – 1.61088 —
1.60744 – 1.60670 —
37.416163156292 – 35.335877291695 —
– —
1.61186 – 1776700800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish SBS White Lines – Rising Wedge Chart Pattern – – – – – – – –