USD/CAD – 1H – BUY

Next a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.4062 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 1.4062 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.4062 – 1.40213 – 1.40408 – 1.3971 – 1.40138 – 1.39896 —
1.40047 – 1.40379 —
49.545277087331 – 66.96440273135 —
– —
1.40620 – 1763445600

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – – – – –