EUR/CAD – 1H – SELL

SELL 7× UPDATED CLOSED
1 day ago
The plan for this signal Closed after the holding time · result +0.05 %
Entry
1.57151
Target
1.56625 +0.34 %
closes in profit
Stop
1.58064 −0.58 %
closes at a loss
At the latest
after 15 candles (15 hours), at the market price
So far 52 of 100 forex 1h signals ended in profit · on average ≈ 0 % per trade 1,244 closed signals since 6 Sep 2026 · Information, not investment advice · past results are not a reliable indicator of future results · Disclaimer
What we have measured
This is how 1,244 closed forex 1h signals since 6 Sep 2026 ended:
16 % at target avg +0.37 % 36 % holding time ended, in profit avg +0.15 % 36 % holding time ended, at a loss avg −0.18 % 12 % at stop avg −0.39 %

Missing the target is not the same as a loss: when the holding time ends, the trade closes at the market price – in profit or at a loss.

Real live signals, nothing selected · gross, without your broker’s fees and spreads
Why this signal

Triggered by: Descending Triangle, Double Top, DEMA Retreat Down +12 more

Trend at entry: in 8 of 8 timeframes in the signal direction

The engine evaluates many detectors on every candle – chart patterns, indicators, trend lines, support and resistance – and weights each one by how it has performed so far.

All triggers · Trend context · AI assessment

How we work
  • Every signal is tracked to the end and counted, losses included – so far 28,281 closed live signals.
  • Every figure on this page was fixed in advance and checked on data that was not used to develop it.
  • What does not hold up, we do not recommend: we tested exiting at warning signs on about 98,000 trades – on average it gains nothing, so there is no such recommendation.
  • More than 150 logged experiments, each with its result – including the ones that failed.
  • All figures are gross: without your broker’s fees, spreads and slippage.
Details for professionals
EUR/CAD  ·  1H
Loading…
Signal evolution

Conviction, candle by candle

100 50 0 entry now · 16 × 1h 0%
conviction per candle 8× below 35% 50% — below this the other side leads

Dropped below 35% 8× 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 (22 Oct 2026, 12:00 UTC, updated 7× since). They are not recalculated — the chart shows current candles.

Signals Fired Category Weight
▼ Descending Trianglebreak + retest chart_pattern 3.21
▼ Double Topbreak + retest chart_pattern 3.12
▼ DEMA Retreat Down indicator 2.10
▲ ER Level Cross Up indicator 2.02
▼ EMA Retreat Down indicator 2.01
▼ KAMA Retreat Down indicator 2.00
▼ MAMA PRICE Retreat Down indicator 1.97
▼ MA Retreat Down indicator 1.93
▼ MIDPRICE Retreat Down indicator 1.87
▼ MIDPOINT Retreat Down indicator 1.82
▼ ALMA Retreat Down indicator 1.82
▼ HT TRENDLINE Retreat Down indicator 1.81
▼ STOCHRSI KD Cross Down indicator 1.70
▼ BOP Zero Cross Down indicator 1.51
▲ RSI OS Entry indicator 1.27
▼ Bearish Engulfing candlestick 1.09
▼ Belt Hold Bearish candlestick 0.93

Trend Context

15M
DOWNSolid trend
30M
DOWNTrend forming
1H
DOWNTrend forming
2H
DOWNSolid trend
4H
DOWNSolid trend
8H
DOWNTrend forming
12H
DOWNTrend forming
1D
DOWNTrend forming

Analysis

🎯 Key Takeaways
  • A strong, multi-indicator bearish signal has fired on EUR/CAD 1H, with a Double Top and Descending Triangle adding to the sell case.
  • All timeframes from 15m to 1d are bearish, though most are only trend-forming, so the move is still developing.
  • The nearest resistance at 1.58064 is the key invalidation level; a reclaim would weaken the bearish thesis.
  • With RSI already in oversold territory, the downside may be limited in the very short term, so patience is warranted.
The EUR/CAD 1H signal has fired a dense cluster of bearish triggers, including a Double Top, a Descending Triangle, and a BOP Zero Cross Down, alongside RSI entering oversold territory and a STOCHRSI KD Cross Down. The DEMA and EMA retreats, plus the HT TRENDLINE retreat, confirm that momentum is shifting lower across multiple indicator families. With 95% probability and very strong strength, the signal suggests a high-conviction sell setup, supported by a bearish alignment across all observed timeframes from 15 minutes to 1 day, though the trend is still forming on several of them.

The confluence of a Double Top and a Descending Triangle on the 1H chart points to a well-defined resistance zone that sellers are defending. The retreats of both moving averages and the trendline indicate that price is losing upside momentum, and the RSI oversold entry may seem counterintuitive, but it often accompanies sharp declines. The nearest resistance at 1.58064 is the immediate level to watch; a break back above it would invalidate the bearish setup. The lack of a defined nearest support means the downside could be open, but traders should be cautious about chasing a move that is already extended.
Catalysts
  • ▼ Strong confluence of chart patterns (Double Top, Descending Triangle) and indicator signals (BOP, RSI, STOCHRSI, moving average retreats).
  • ▼ Bearish alignment across all timeframes, with 15m, 2h, 4h, and 8h showing solid trend scores.
  • ▼ The HT TRENDLINE retreat confirms that the longer-term structure is also turning lower.
  • ▼ High probability (95%) and very strong strength indicate a high-conviction setup.
Risk Factors
  • ▲ RSI oversold entry suggests the pair may be due for a short-term bounce, which could stall the decline.
  • ▲ Several timeframes (30m, 1h, 12h, 1d) are only trend-forming, so the bearish momentum is not yet fully established on all scales.
  • ▲ The nearest support is undefined, meaning the downside could be open, but also that there is no clear target for the move.
  • ▲ If price reclaims the 1.58064 resistance, the Double Top and Descending Triangle patterns would be invalidated, and the sell signal would lose its foundation.
Symbol EUR/CAD
Timeframe 1H
Direction SELL
Conviction 0%
Strength WEAK
Date 2026-10-22 11:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.58064 2026-10-21
R2 1.58190 2026-10-20
R3 1.59463 2026-10-16

Tags

Similar Signals