USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 1.38329 is certain.

Caution: A possible change in the direction of the support level at 1.37833 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar wird voraussichtlich nach unten gehen.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Then a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.38329 – 1.38445 – 1.38426 – 1.37833 – 1.37815 – 1.38163 —
1.37895 – 1.37989 —
38.921234980662 – 42.803215847809 —
1.37833 – 1769151600 —
1.38329 – 1769083200

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