USD/CAD – 30M – SELL

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline downwards

A descent down to the next support level at 1.39502 will continue.

Caution: A possible change in the direction of the resistance level at 1.40181 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.40181 – 1.39922 – 1.39901 – 1.39502 – 1.39546 – 1.3953 —
1.40073 – 1.39944 —
56.782374953966 – 40.631931183972 —
– —
1.40181 – 1781600400

Trading Signals: FOREX – USD – USD/CAD – CAD – Two Crows – – – – – – – – –