USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance at 1.36928 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 1.36573 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

1.36928 – 1.36838 – 1.36504 – 1.36573 – 1.36283 – 1.36321 —
1.36889 – 1.36919 —
62.746633129345 – 58.485488659914 —
– —
1.36928 – 1770265800

Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –