EUR/CAD – 2H – SELL

SELL 2× UPDATED
17 hours ago
35.3 % ↓ −25.7 zur Vorkerze
WEAK Intraday
▲ Bullish 3 % (1.26) ▼ Bearish 97 % (40.67)
6 of 10 signals like this one ended in profit
55.4% of closed signals in this class ended above zero
model score 12.2 — ranks this signal within its class, it is not a probability; the figure above is the measured frequency (1318 closed runs, 2026-09-18)
Überzeugung · 4 Kerzen
EUR/CAD  ·  2H
Loading…
Signal evolution

Conviction, candle by candle

100 50 0 entry now · 4 × 2h 12%
conviction per candle 1× below 35% 50% — below this the other side leads

Dropped below 35% 1× and recovered. A falling line is a warning, not an instruction — signals that dip and come back are normal. Watch for a line that stays down.

Signals Fired

These are the triggers as captured when the signal opened (18 Sep 2026, 12:00 UTC, updated 2× since). They are not recalculated — the chart shows current candles.
This signal is still open and is being tracked candle by candle on this page until it closes.

Signals Fired Category Weight
WILLR OB Exit indicator 2.55
BBANDS UPPER Retreat Down indicator 2.36
STOCH KD Cross Down indicator 1.87
BOP Zero Cross Down indicator 1.86
CTI OB Entry indicator 1.16
Last Engulfing Bottom candlestick 1.12
Bearish Engulfing candlestick 1.10
Last Engulfing Top candlestick 0.97
Tweezers Top candlestick 0.93
Evening Star candlestick 0.68

Trend Context

15M
DOWNTrend forming
30M
DOWNTrend forming
1H
DOWNChoppy / sideways
2H
UPChoppy / sideways
4H
UPChoppy / sideways
8H
UPChoppy / sideways
12H
UPChoppy / sideways
1D
DOWNChoppy / sideways

Analysis

🎯 Key Takeaways
  • A dense cluster of bearish signals on the 2H chart points to short-term downside momentum.
  • Lower timeframes (15m, 30m) are bearish, but higher timeframes remain bullish and choppy, suggesting a possible counter-trend move.
  • Watch the 1.60200 support: a break could confirm further downside, while a move back above 1.61008 would invalidate the bearish setup.
  • The signal strength is very strong, but the mixed higher-timeframe trend warrants caution and tight risk control.
The EUR/CAD 2H chart has fired a dense cluster of bearish signals, including a Bearish Engulfing and Evening Star pattern, alongside momentum indicators like the BOP Zero Cross Down, STOCH KD Cross Down, WILLR OB Exit, and a retreat from the upper Bollinger Band. This confluence suggests a strong short-term shift in momentum favoring the downside. The bearish case is reinforced by the 15m and 30m timeframes, which are already trending bearish, though their trend scores are still forming (2/5). However, the higher timeframes (2H and above) remain bullish, albeit choppy and sideways, which could limit the depth of any decline.

Key levels to watch are the nearest support at 1.60200 and resistance at 1.61008. A break below support could open the path for further downside, while a reclaim of resistance would invalidate the bearish setup. The mixed higher-timeframe picture suggests this is likely a counter-trend move within a broader bullish range, so traders should expect potential consolidation or a bounce near support. The signal's high probability (86%) and very strong strength are tempered by the lack of trend alignment across higher timeframes, making risk management crucial.
Catalysts
  • Confluence of multiple bearish signals: Bearish Engulfing, Evening Star, and momentum indicators all aligning.
  • Lower timeframes (15m, 30m) already trending bearish, supporting the short-term direction.
  • Price retreating from the upper Bollinger Band and overbought conditions on WILLR and STOCH suggest room for a pullback.
  • High signal probability (86%) and very strong strength indicate robust short-term bearish conviction.
Risk Factors
  • Higher timeframes (2H and above) are bullish, which could limit downside and lead to a bounce.
  • The 1.60200 support is nearby and may act as a strong floor, stalling the decline.
  • The bearish trend on lower timeframes is still forming (trend score 2/5), so momentum could fade quickly.
  • A break back above the 1.61008 resistance would invalidate the bearish setup and could trigger a squeeze higher.
Symbol EUR/CAD
Timeframe 2H
Direction SELL
Conviction 12%
Strength WEAK
Date 2026-09-18 12:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.61008 2026-09-16
R2 1.61176 2026-09-11
R3 1.61364 2026-09-02
S1 1.60200 2026-09-17
S2 1.60165 2026-09-14
S3 1.59998 2026-09-08

Tags

Similar Signals