USD/CAD – 8H – SELL

The USD/CAD 8H signal has fired a cluster of bearish indicators, including a Trendline Break Down and a Descending Triangle breakdown, alongside momentum oscillators (BOP Zero Cross Down, STOCHF KD Cross Down) and volatility/trend filters (WILLR OS Entry, BBANDS LOWER Retreat Up, DEMA Retreat Down, MAMA PRICE Retreat Down). The confluence of chart pattern, trendline, and indicator signals points to a strong bearish bias. The trend is uniformly bearish across all timeframes, with very strong trend scores on the 1H, 2H, and 4H charts, and solid bearish trends on the rest, indicating broad alignment. The nearest resistance is at 1.40799, which now acts as a pivot for any pullback, while the nearest support at 1.35499 provides the next major downside target. The breakdown of the descending triangle and trendline suggests that sellers are in control, and the momentum indicators confirm that the move is backed by volume and price action.