Title
by Americanbulls.com LLC
Last Update
03/07/2020
PENCAD
PERUVIAN SOL / CANADIAN DOLLAR
Last Signal: SHORT
Last Pattern: BEARISH STOP LOSS
Last Close:
3.8227
Change:
-0.0251
Percent change
-0.65%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH STOP LOSS pattern finally received a confirmation because the prices crossed below the Stop Loss level which was at 3.8395, and our valid average selling price stands now at 3.8329. The previous BUY signal was issued on 24/06/2020, 9 days ago, when the currency rate was 3.8829. Since then PENCAD has fallen by -1.29%.
Market Outlook
The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to go for a bearish bet. The bearish stop loss is confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
03/07/20203.8329SHORT $9,729
24/06/20203.8829BUY $10,073
02/06/20203.9762SHORT $9,629
29/05/20204.0078BUY $9,863
25/05/20204.0765SHORT $9,424
12/05/20204.0942BUY $9,506
06/05/20204.1385SELL $9,516
01/05/20204.1335BUY $9,466
17/04/20204.1151SELL $9,476
03/04/20204.1040BUY $9,337
27/03/20204.0749SELL $9,347
17/03/20204.0055BUY $8,811
06/03/20203.8657SHORT $9,926
03/03/20203.8906BUY $10,117
06/02/20203.9382SELL $10,127
04/02/20203.9441BUY $10,172
30/01/20203.9324SELL $10,182
08/01/20203.9201BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$5/day
† Short Swap: -US$10/day
Date 
Price 
Signal 
 
$10K ⇨ 
03/07/20203.8329SHORT $8,259
24/06/20203.8829BUY $8,603
02/06/20203.9762SHORT $8,159
29/05/20204.0078BUY $8,393
25/05/20204.0765SHORT $7,954
12/05/20204.0942BUY $8,036
06/05/20204.1385SELL $8,046
01/05/20204.1335BUY $7,996
17/04/20204.1151SELL $8,006
03/04/20204.1040BUY $7,867
27/03/20204.0749SELL $7,877
17/03/20204.0055BUY $7,341
06/03/20203.8657SHORT $8,456
03/03/20203.8906BUY $8,647
06/02/20203.9382SELL $8,657
04/02/20203.9441BUY $8,702
30/01/20203.9324SELL $8,712
08/01/20203.9201BUY $8,520
06/01/20203.9046SELL $8,530
02/01/20203.9331BUY $8,740
26/12/20193.9563SELL $8,750
13/12/20193.9087BUY $8,333
10/12/20193.9032SHORT $8,425
06/12/20193.9106BUY $8,481
04/12/20193.9042SHORT $8,570
30/10/20193.9304BUY $8,614
23/10/20193.9047SHORT $8,900
18/10/20193.9293BUY $9,084
15/10/20193.9183SHORT $9,218
07/10/20193.9312BUY $9,296
01/10/20193.8977SHORT $9,628
30/08/20193.9182BUY $9,644
23/08/20193.9339SHORT $9,617
16/08/20193.9272BUY $9,552
01/08/20193.9676SELL $9,562
24/07/20193.9872BUY $9,681
12/07/20193.9650SHORT $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$5/day
† Short Swap: -US$10/day
Date 
Price 
Signal 
 
$10K ⇨ 
03/07/20203.8329SHORT $8,954
24/06/20203.8829BUY $9,298
02/06/20203.9762SHORT $8,854
29/05/20204.0078BUY $9,088
25/05/20204.0765SHORT $8,649
12/05/20204.0942BUY $8,731
06/05/20204.1385SELL $8,741
01/05/20204.1335BUY $8,691
17/04/20204.1151SELL $8,701
03/04/20204.1040BUY $8,562
27/03/20204.0749SELL $8,572
17/03/20204.0055BUY $8,036
06/03/20203.8657SHORT $9,151
03/03/20203.8906BUY $9,342
06/02/20203.9382SELL $9,352
04/02/20203.9441BUY $9,397
30/01/20203.9324SELL $9,407
08/01/20203.9201BUY $9,215
06/01/20203.9046SELL $9,225
02/01/20203.9331BUY $9,435
26/12/20193.9563SELL $9,445
13/12/20193.9087BUY $9,028
10/12/20193.9032SHORT $9,120
06/12/20193.9106BUY $9,176
04/12/20193.9042SHORT $9,265
30/10/20193.9304BUY $9,309
23/10/20193.9047SHORT $9,595
18/10/20193.9293BUY $9,779
15/10/20193.9183SHORT $9,913
07/10/20193.9312BUY $9,991
01/10/20193.8977SHORT $10,323
30/08/20193.9182BUY $10,339
23/08/20193.9339SHORT $10,312
16/08/20193.9272BUY $10,247
01/08/20193.9676SELL $10,257
24/07/20193.9872BUY $10,376
12/07/20193.9650SHORT $10,685
02/07/20193.9797BUY $10,768
25/06/20193.9833SHORT $10,831
11/06/20193.9909BUY $10,839
25/04/20194.0386SHORT $10,971
18/04/20194.0552BUY $11,080
09/04/20194.0342SELL $11,090
04/04/20194.0429BUY $11,141
29/03/20194.0278SELL $11,151
21/03/20194.0476BUY $11,269
11/03/20194.0377SELL $11,279
25/02/20193.9820BUY $10,804
20/02/20193.9597SHORT $11,044
06/02/20193.9668BUY $11,048
04/01/20193.9957SELL $11,058
28/12/20184.0403BUY $11,367
26/12/20184.0424SELL $11,377
26/11/20183.9194BUY $10,336
22/11/20183.9089SELL $10,346
07/11/20183.8973BUY $10,194
23/10/20183.9193SELL $10,204
19/10/20183.9271BUY $10,254
12/10/20183.9048SHORT $10,515
05/10/20183.8871BUY $10,365
24/09/20183.9204SHORT $10,238
14/09/20183.9248BUY $10,242
06/09/20183.9608SELL $10,252
03/09/20183.9519BUY $10,180
14/08/20183.9865SHORT $10,135
07/08/20183.9777BUY $10,054
20/07/20184.0226SELL $10,064
12/07/20184.0167BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$5/day
† Short Swap: -US$10/day

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