EUR/CAD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.60017788 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 1.60287 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Harami’ candlestick pattern is detected. The chart shows ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

1.60287 – 1.59455 – 1.59432 – 1.59156 – 1.59055 – 1.59029 —
1.60042 – 1.60163 —
64.533355585612 – 67.186307803388 —
– —
1.60287 – 1778076000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Harami – – – – – – – – –