AUD/CAD – 4H – BUY

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.92564 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.91938 – 0.91863 – 0.92184 – 0.91336 – 0.91466 – 0.90867 —
0.91931 – 0.92696 —
61.024029321358 – 72.390473389777 —
– —
0.91938 – 1766995200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double top chart pattern – – – – – – – –