USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 1.38964 is expected.

Caution: A possible counter-trend in the direction of the support level at 1.38659 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is existing. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.38964 – 1.38976 – 1.38979 – 1.38659 – 1.38547 – 1.3867 —
1.38991 – 1.39020 —
69.364929153882 – 62.44326044025 —
– —
1.38964 – 1768386600

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