Vol: ...  6 mo: 0★  24 mo: 0★
US DOLLAR/CANADIAN DOLLAR
STAY LONG
Last
1.2806
Close
1.2798
Change
+0.0008
Change%
+0.06%
Delayed Intraday Module : OFF
STAY LONG
Bought at
1.2754
Open
1.2796
High
1.2881
Low
1.2793
Last
1.2806
Gain
+0.41%
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 1.2754. Since then USDCAD has risen by +0.34%.
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
USDCAD Pattern & Confirmation History since 7/28/2020
DatePatternStop LossBuy/ SellConfirmedDateSignal
20/01/21
BEARISH STOP LOSS
1.2632  
15/01/21
BULLISH ENGULFING
1.2632 1.2732 1.2754 18/01
BUY
23/12/20
BEARISH ONE BLACK CROW
1.2914 1.2845 1.2817 29/12
SELL
16/12/20
BULLISH HARAMI
1.2684 1.2742 1.2763 18/12
BUY
11/12/20
BULLISH HARAMI
1.2702 1.2776
30/11/20
BULLISH HARAMI CROSS*
1.3015 1.3093
24/11/20
BEARISH STOP LOSS
1.3015   1.2990 27/11
SHORT
06/11/20
BULLISH HARAMI CROSS
1.3015 1.3093 1.3115 12/11
BUY
29/10/20
BEARISH DOJI STAR
1.3389 1.3319 1.3317 30/10
SHORT
27/10/20
BEARISH HARAMI
1.3225 1.3171
21/10/20
BULLISH HARAMI
1.3077 1.3157 1.3179 26/10
BUY
06/10/20
BULLISH ENGULFING
1.3238 1.3307
24/09/20
BEARISH HARAMI
1.3417 1.3342 1.3320 30/09
SELL
22/09/20
BEARISH HARAMI CROSS
1.3345 1.3248
18/09/20
BULLISH STOP LOSS
1.3207   1.3229 21/09
BUY
11/09/20
BEARISH HARAMI
1.3207 1.3167 1.3164 17/09
SELL
09/09/20
BEARISH HARAMI
1.3259 1.3141
03/09/20
BULLISH ENGULFING
1.3036 1.3126 1.3148 08/09
BUY
27/08/20
BULLISH DESCENT BLOCK
1.3097 1.3132
25/08/20
BEARISH ENGULFING
1.3239 1.3168 1.3146 26/08
SHORT
19/08/20
BULLISH PIERCING LINE
1.3131 1.3213 1.3216 24/08
BUY
18/08/20
BULLISH HARAMI*
1.3229 1.3304
13/08/20
BEARISH STOP LOSS
1.3229   1.3214 17/08
SHORT
06/08/20
BULLISH HARAMI
1.3229 1.3304 1.3327 07/08
BUY
31/07/20
BEARISH HARAMI CROSS
1.3459 1.3381 1.3357 04/08
SHORT
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