USD/CAD – 4H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.378525 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.39284 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.39284 – 1.39193 – 1.38054 – 1.38547 – 1.36421 – 1.37301 —
1.37954 – 1.37114 —
35.195841625578 – 28.831564273573 —
– —
1.39284 – 1768593600

Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – Double bottom chart pattern – – – – – – – –