EUR/CAD – 1H – SELL
SELL 7× UPDATED CLOSEDWhat we have measured
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 spreadsWhy 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.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
Conviction, candle by candle
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
Analysis
- 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 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.
- ▼ 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.
- ▲ 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.
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 1.58064 | 2026-10-21 |
| R2 | 1.58190 | 2026-10-20 |
| R3 | 1.59463 | 2026-10-16 |