USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline downwards

A bearish movement downwards to the next support line at 1.39502 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.39922 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Separating Lines’ candle pattern is discovered. The chart forms ‘Bearish Separating Lines’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Separating Lines’ going down is 63% (Bull Market) & 76% (Bear Market).

1.39922 – 1.39901 – 1.39956 – 1.39502 – 1.39546 – 1.3953 —
1.39873 – 1.39954 —
59.194697478124 – 60.420169853746 —
– —
1.39922 – 1781544600

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Separating Lines – – – – – – – – –