EUR/CAD – 8H – SELL

SELL With the trend 1× UPDATED
4 days ago
The plan for this signal Running · now −1.04 %
Entry
1.56831
Target
1.55521 +0.84 %
closes in profit
Stop
1.61385 −2.90 %
closes at a loss
At the latest
after 10 candles (3.3 days), at the market price · now candle 7 of 10
Target and stop are recalculated on every candle and can move.
The plan applies until the end. Warning signs along the way are notes, not an exit signal – exiting at warning signs has not paid off on average in our measurements.
So far 50 of 100 forex 8h signals ended in profit · on average +0.01 % per trade 346 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 346 closed forex 8h signals since 6 Sep 2026 ended:
20 % at target avg +0.67 % 30 % holding time ended, in profit avg +0.42 % 32 % holding time ended, at a loss avg −0.43 % 18 % at stop avg −0.63 %

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: SMA 50 Retreat Down, ER Level Cross Down, ERI BEAR Zero Cross Down +6 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 37,587 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
35.3 % – vs previous candle
WEAK Swing
▲ Bullish 20 % (1.77) ▼ Bearish 80 % (7.18)
model score 3.0 – ranks this signal within its class, it is not a probability; the large figure is the measured frequency (1318 closed runs, 2026-09-18)
Conviction · 8 candles
EUR/CAD  ·  8H
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Signal evolution

Events for EUR/CAD

Full calendar
  • TomorrowEURCPI y/y●●●in 1 day
  • TomorrowEURCPI m/m●●●in 1 day
  • November 12, 2026EURECB Economic Bulletin●●○in 2 days

All times UTC.

Conviction, candle by candle

100 50 0 entry now · 8 × 8h 3%
conviction per candle 6× below 35% 50% — below this the other side leads

Dropped below 35% 6× 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 (5 Nov 2026, 14:00 UTC, updated 1× 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
▲ CCI OB Exit indicator 2.14
▼ SMA 50 Retreat Down indicator 1.98
▲ WILLR OB Exit indicator 1.97
▼ ER Level Cross Down indicator 1.93
▼ ERI BEAR Zero Cross Down indicator 1.91
▼ EMA 50 Retreat Down indicator 1.80
▼ HMA Direction Down indicator 1.79
▼ STOCH KD Cross Down indicator 1.63
▼ TTM TREND Trend Down indicator 1.61
▼ BOP Zero Cross Down indicator 1.47
▼ Bearish Engulfing candlestick 0.89

Trend Context

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

Analysis

🎯 Key Takeaways
  • Multiple bearish momentum signals have fired on the 8H chart, indicating strong selling pressure.
  • Trend alignment is bearish across most timeframes, with solid trends on 30m, 12h, and 1d.
  • Key resistance at 1.61385 must hold for the bearish outlook to remain valid.
  • Support at 1.55521 is the immediate downside objective.
The EUR/CAD 8H chart has triggered a cluster of bearish momentum signals, including BOP Zero Cross Down, CCI OB Exit, STOCH KD Cross Down, WILLR OB Exit, EMA 50 Retreat Down, SMA 50 Retreat Down, ER Level Cross Down, and ERI BEAR Zero Cross Down. These indicators collectively suggest that selling pressure is intensifying and that the recent upward correction has likely ended. The alignment of multiple oscillator exits from overbought territory and moving average retreats points to a shift in momentum favoring the downside.

Across timeframes, the bearish trend is consistent, with solid trends on the 30m, 12h, and 1d charts, and forming trends on the 15m, 1h, and 8h. The 2h and 4h are choppy, but they do not contradict the overall bearish bias. The nearest resistance at 1.61385 is a key level to watch; a break above it would invalidate the bearish setup. The nearest support at 1.55521 is the primary downside target, and a sustained move below it could open further declines.
Catalysts
  • ▼ Confluence of overbought exits and zero-cross signals on multiple indicators.
  • ▼ Consistent bearish trend across multiple timeframes, especially the higher timeframes.
  • ▼ Strong trend score (80% probability) and strong signal strength.
  • ▼ EMA 50 and SMA 50 both retreating downward, confirming bearish momentum.
Risk Factors
  • ▲ A break above the nearest resistance at 1.61385 would invalidate the bearish signal.
  • ▲ The 2H and 4H timeframes are choppy, which could lead to false breakouts or whipsaws.
  • ▲ If momentum fades and price stalls near support, the bearish move may lose steam.
  • ▲ Watch for any bullish reversal patterns or a bounce off support that could negate the downside.
Symbol EUR/CAD
Timeframe 8H
Direction SELL
Conviction 3%
Strength WEAK
Date 2026-11-05 06:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.61385 2026-10-01
R2 1.61855 2026-08-26
R3 1.62476 2026-08-05
S1 1.55521 2026-10-30

Tags

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