USD/CAD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 1.36742 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.37243 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Three Line Strike – Bullish’ candlestick pattern is discovered. The chart forms ‘Three Line Strike – Bullish’. which is a positive pattern 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 Line Strike – Bullish’ going up is 83% (Bear Market).

1.37243 – 1.36996 – 1.36928 – 1.36241 – 1.36521 – 1.36573 —
1.36480 – 1.36593 —
34.659790393472 – 44.445814756538 —
– —
1.37243 – 1770343200

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Line Strike – Bullish – Double bottom chart pattern – – – – – – – –