USD/CAD – 30M – SELL

Furthermore 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.

Furthermore a ‘StochRSI Hidden Bearish Divergence’ indicator layout is detected. The indicator is ‘StochRSI Hidden Bearish Divergence’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.41680686 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.42187 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. 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).

1.42187 – 1.42241 – 1.42348 – 1.41499 – 1.41915 – 1.42089 —
1.41837 – 1.41973 —
42.673189104018 – 57.067667304456 —
– —
1.42187 – 1783004400

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