AUD/CAD – 1H – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.96838 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.96838 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. 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%.

0.96838 – 0.96699 – 0.96678 – 0.96116 – 0.96313 – 0.96352 —
0.96872 – 0.96697 —
56.368070761166 – 49.089728409636 —
– —
0.96838 – 1771495200

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