Vol: ...  6 mo: 0★  24 mo: 0★
EURO/CANADIAN DOLLAR
STAY LONG
Last
1.5561
Close
1.5498
Change
+0.0063
Change%
+0.41%
Delayed Intraday Module : OFF
STAY LONG
Bought at
1.5402
Open
1.5496
High
1.5593
Low
1.5491
Last
1.5561
Gain
+1.03%
Confirmation Status
The current price is far above the critical levels showing that the validity of the current STAY LONG is high. We strongly expect a further increase in prices. Hence the last bearish Stop Loss may be safely disregarded.
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 18/01/2021, 9 days ago, when the stock price was 1.5402. Since then EURCAD has risen by +0.62%.
Market Outlook
The bulls are strong. The negative sentiment that caused the bearish stop loss to be triggered has evaporated. The current price is quite distant from the stop loss level, so the probability of a bearish confirmation is very low. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to STAY LONG, but with a more cautious attitude. 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 bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...
Signal History
Pattern & Confirmation Chart for the Last 6 Months
EURCAD Pattern & Confirmation History since 7/28/2020
DatePatternStop LossBuy/ SellConfirmedDateSignal
20/01/21
BEARISH STOP LOSS
1.5327  
15/01/21
BULLISH HARAMI
1.5327 1.5393 1.5402 18/01
BUY
06/01/21
BULLISH HARAMI
1.5558 1.5621
22/12/20
BEARISH HARAMI
1.5784 1.5696 1.5652 23/12
SELL
15/12/20
BEARISH ENGULFING
1.5520 1.5428
11/12/20
BULLISH HARAMI CROSS
1.5394 1.5481 1.5494 14/12
BUY
07/12/20
BULLISH STOP LOSS
1.5556  
03/12/20
BEARISH DARK CLOUD COVER*
1.5556 1.5500 1.5489 04/12
SELL
01/12/20
BULLISH STOP LOSS
1.5556   1.5646 02/12
BUY
18/11/20
BEARISH DARK CLOUD COVER
1.5556 1.5500 1.5483 23/11
SELL
10/11/20
BULLISH HARAMI
1.5305 1.5434 1.5463 12/11
BUY
29/10/20
BEARISH HARAMI
1.5669 1.5551 1.5510 30/10
SELL
22/10/20
BEARISH DARK CLOUD COVER
1.5605 1.5518
14/10/20
BULLISH HARAMI CROSS
1.5382 1.5457 1.5472 15/10
BUY
09/10/20
BULLISH HARAMI CROSS
1.5495 1.5550
01/10/20
BULLISH HARAMI CROSS
1.5572 1.5662
29/09/20
BULLISH STOP LOSS
1.5676  
22/09/20
BEARISH ENGULFING
1.5676 1.5567 1.5566 25/09
SELL
09/09/20
BEARISH HARAMI
1.5613 1.5513
03/09/20
BULLISH PIERCING LINE
1.5422 1.5551 1.5580 08/09
BUY
31/07/20
BEARISH DARK CLOUD COVER
1.5978 1.5796 1.5742 03/08
SELL
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