AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at is certain.

Caution: A possible change in the direction of support at 0.96932 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Bearish SBS White Lines’ candlestick pattern is found. The candles form ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.97313 – 0.96864 – 0.96899 – 0.96932 – 0.96636 – 0.96418 —
0.97358 – 0.97420 —
59.317131163329 – 52.224194816191 —
– —
0.97313 – 1772010000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –