USD/CAD – 1H – BUY

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ candlestick pattern is found. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.38445 – 1.38426 – 1.38426 – 1.36713 – 1.37815 – 1.37852 —
1.37200 – 1.37380 —
56.092910430524 – 56.522182542107 —
– —
1.38445 – 1769047200

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