USD/CAD – 1H – SELL

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Bearish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bearish Belt Hold’. 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 chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.37104 – 1.36913 – 1.37142 – 1.35971 – 1.366 – 1.3643 —
1.36887 – 1.36657 —
55.506099625167 – 42.099470979615 —
– —
1.37104 – 1777478400

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Belt Hold – – – – – – – – –