AUD/USD – 4H – BUY

The pair Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance at 0.71361 is considered certain.

Caution: A possible change in the direction of support at 0.68966 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

0.71361 – 0.71116 – 0.71467 – 0.70261 – 0.70149 – 0.70277 —
0.71139 – 0.70444 —
48.861328958296 – 44.748286401631 —
– —
0.71361 – 1772064000

Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –