USD/CAD – 30M – BUY

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.36733684 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.36680 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.36680 – 1.36925 – 1.36528 – 1.36319 – 1.36366 – 1.3628 —
1.36680 – 1.36442 —
70.829510148663 – 36.508740689396 —
1.36680 – 1771410600 —
– 1771410600

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Up – – – – – – – – –