AUD/CAD – 1H – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.96899 will continue.

Caution: A possible change in the direction of the support level at 0.96418 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

0.96899 – 0.97065 – 0.96838 – 0.96418 – 0.96521 – 0.96605 —
0.97233 – 0.97259 —
63.878394777094 – 66.506806975859 —
– —
0.96899 – 1771923600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – Double bottom retreat down – – – – – – – –