Vol: ...  6 mo: 0★  24 mo: 0★
CANADIAN DOLLAR/SAUDI RIYAL
STAY IN CASH
Last
2.9228
Close
2.9298
Change
-0.0070
Change%
-0.24%
Delayed Intraday Module : OFF
STAY IN CASH
Sold at
2.9402
Open
2.9298
High
2.9309
Low
2.9112
Last
2.9228
Gain
-0.59%
Confirmation Status
The current price is far below the critical levels and the current signal STAY IN CASH is strong. We strongly expect a further decline. Hence, the last bullish Stop Loss may be safely disregarded.
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 18/01/2021, 9 days ago, when the stock price was 2.9402. Since then CADSAR has fallen by -0.35%.
Market Outlook
The bullish zeal that triggered the bullish stop loss is now over. The bears are back with vigor and strength. The market action once more proved the wisdom of our strict confirmation rules by avoiding a bull trap. The current price is quite distant from the stop loss level. Hence, the probability of bullish confirmation is very low. Besides, the signal is suggesting to STAY IN CASH. It is best to follow the signal and wait on the sidelines while looking forward to a genuine bull run. The Delayed Intraday Module is OFF.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
Signal History
Pattern & Confirmation Chart for the Last 6 Months
CADSAR Pattern & Confirmation History since 7/28/2020
DatePatternStop LossBuy/ SellConfirmedDateSignal
20/01/21
BULLISH STOP LOSS
2.9687  
15/01/21
BEARISH ENGULFING
2.9687 2.9447 2.9402 18/01
SELL
12/01/21
BULLISH HARAMI
2.9220 2.9512 2.9542 13/01
BUY
06/01/21
BEARISH HARAMI CROSS
2.9701 2.9479 2.9431 11/01
SELL
04/01/21
BEARISH ENGULFING
2.9619 2.9355
23/12/20
BULLISH ENGULFING
2.9042 2.9201 2.9205 28/12
BUY
16/12/20
BEARISH HARAMI
2.9566 2.9429 2.9381 18/12
SELL
11/12/20
BEARISH HARAMI
2.9518 2.9350
07/12/20
BEARISH HANGING MAN
2.9368 2.9263
24/11/20
BULLISH THREE INSIDE UP
2.8641 2.8853 2.8860 27/11
BUY
10/11/20
BEARISH HARAMI
2.9010 2.8772 2.8704 11/11
SELL
06/11/20
BEARISH HARAMI
2.8806 2.8640
04/11/20
BEARISH HARAMI CROSS
2.8641 2.8465
29/10/20
BULLISH DOJI STAR
2.8001 2.8145 2.8152 30/10
BUY
27/10/20
BULLISH HARAMI
2.8353 2.8466
21/10/20
BEARISH HARAMI
2.8671 2.8497 2.8450 26/10
SELL
19/10/20
BEARISH HARAMI CROSS
2.8524 2.8364
06/10/20
BEARISH ENGULFING
2.8325 2.8176
24/09/20
BULLISH HARAMI
2.7946 2.8100 2.8146 30/09
BUY
22/09/20
BULLISH HARAMI CROSS
2.8098 2.8304
18/09/20
BEARISH STOP LOSS
2.8407   2.8360 21/09
SHORT
16/09/20
BULLISH HARAMI CROSS
2.8407 2.8464 2.8488 17/09
BUY
11/09/20
BULLISH HARAMI
2.8392 2.8481
09/09/20
BULLISH HARAMI
2.8278 2.8522
07/09/20
BEARISH DARK CLOUD COVER
2.8731 2.8628 2.8579 08/09
SELL
03/09/20
BEARISH ENGULFING
2.8761 2.8567
25/08/20
BULLISH ONE WHITE SOLDIER
2.8320 2.8465 2.8532 26/08
BUY
19/08/20
BEARISH HARAMI
2.8553 2.8378 2.8365 24/08
SELL
18/08/20
BEARISH HARAMI*
2.8339 2.8170
13/08/20
BULLISH STOP LOSS
2.8339   2.8374 17/08
BUY
06/08/20
BEARISH HARAMI
2.8339 2.8170 2.8124 07/08
SELL
31/07/20
BULLISH HARAMI CROSS
2.7856 2.8023 2.8072 04/08
BUY
Pattern Patterns
Total
Confirmed
Total
Confirmation
Profitable
Signals
Profitable
Signal
Profit Loss Total Net
BULLISH STOP LOSS
13861%450%1%0%1%
BEARISH DELIBERATION BLOCK
10770%342%1%0%1%
BEARISH DOJI STAR
66100%466%1%0%1%
BEARISH DARK CLOUD COVER
11872%675%1%0%1%
BEARISH HARAMI CROSS
211257%650%1%0%1%
BEARISH HARAMI
543564%1954%1%0%1%
BEARISH ENGULFING
291655%1275%1%0%1%
BULLISH DOJI STAR
9888%675%1%0%1%
BULLISH HARAMI CROSS
18844%450%1%0%1%
BULLISH ENGULFING
362672%1453%1%0%1%
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