EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 1.59274 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Then a ‘Tweezers Top’ candlestick pattern is found. The chart forms ‘Tweezers Top’. 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.59274 – 1.59535 – 1.59512 – 1.59029 – 1.5922 – 1.5919 —
1.59197 – 1.59221 —
46.188041813318 – 49.19637585091 —
– —
1.59274 – 1777948200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top – Symmetrical Triangle Chart Pattern – – – – – – – –