EUR/CAD – 1H – SELL

SELL 6× UPDATED
17 hours ago
61.0 % ↑ +1.7 zur Vorkerze
VERY STRONG Intraday
▲ Bullish 2 % (1.04) ▼ Bearish 98 % (43.46)
6 of 10 signals like this one ended in profit
57.4% of closed signals in this class ended above zero
model score 97.7 — 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 · 17 Kerzen
EUR/CAD  ·  1H
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Signal evolution

Conviction, candle by candle

100 50 0 entry now · 17 × 1h 98%
conviction per candle 10× below 35% 50% — below this the other side leads

Dropped below 35% 10× 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 (1 Oct 2026, 20:00 UTC, updated 6× 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
▼ Double Topbreak + retest chart_pattern 3.28
▼ EMA CROSS 50 200 Death Cross indicator 2.79
▼ ALMA Retreat Down indicator 2.21
▼ MAMA PRICE Retreat Down indicator 2.20
▼ DEMA Retreat Down indicator 2.07
▼ MIDPOINT Retreat Down indicator 1.89
▲ ULTOSC OS Exit indicator 1.71
▲ STOCH KD Cross Up indicator 1.59
▼ BOP Zero Cross Down indicator 1.47

Trend Context

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

Analysis

🎯 Key Takeaways
  • A Double Top and Death Cross on the 1H chart signal strong bearish momentum.
  • The trend is clearly bearish on lower timeframes (15m-2h) but higher timeframes are choppy or bullish, so this is a short-term trade.
  • Key resistance to watch is 1.61385; a break above it would invalidate the bearish setup.
  • Oversold indicators (STOCH, ULTOSC) may cause a short-term bounce, but the overall bias remains down.
The 1H EUR/CAD chart has triggered a dense cluster of bearish signals, led by a Double Top chart pattern and a Death Cross on the 50/200 EMA. Additional momentum and trend indicators—BOP Zero Cross Down, DEMA Retreat Down, MAMA PRICE Retreat Down, and MIDPOINT Retreat Down—confirm that selling pressure is intensifying. The simultaneous STOCH KD Cross Up and ULTOSC OS Exit suggest that short-term oversold conditions may prompt a brief bounce, but the overwhelming bearish confluence points to a continuation lower.

Aligning across timeframes, the bearish trend is very strong on the 15m, 30m, and 1h charts, with a solid trend on the 2h. However, the 4h and higher timeframes remain choppy or even bullish, indicating that the current selloff is primarily a short-term move. The nearest resistance at 1.61385 is the key level to watch—a break back above it would negate the Double Top and Death Cross. Support is not yet defined, so traders should monitor for a potential lower low or a bounce at prior swing levels.
Catalysts
  • ▼ Multiple bearish signals (Double Top, Death Cross, DEMA/MAMA/MIDPOINT Retreat Down) reinforce each other.
  • ▼ Very strong bearish trend on 15m, 30m, and 1h timeframes.
  • ▼ BOP Zero Cross Down indicates selling pressure is dominating.
  • ▼ Resistance at 1.61385 is holding, providing a clear level to manage risk.
Risk Factors
  • ▲ Higher timeframes (4h-1d) are bullish or choppy, which may limit downside or cause a reversal.
  • ▲ STOCH KD Cross Up and ULTOSC OS Exit suggest oversold conditions could trigger a bounce.
  • ▲ If price breaks above 1.61385, the Double Top and Death Cross are negated.
  • ▲ No defined support level means the move could be abrupt, with limited reference points for exits.
Symbol EUR/CAD
Timeframe 1H
Direction SELL
Conviction 98%
Strength VERY STRONG
Date 2026-10-01 22:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.61385 2026-10-01

Tags

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