EUR/CAD – 1H – BUY

There is also a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.6191 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.62714 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.6123 – 1.62714 – 1.63174 – 1.60646 – 1.60757 – 1.6243 —
1.61003 – 1.61231 —
32.505084356868 – 49.538881545426 —
– —
1.61230 – 1765180800

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