USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance level at 1.35809 is certain.

Caution: A possible trend reversal in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.35809 – 1.36063 – 1.36742 – 1.35252 – 1.35451 – 1.36443 —
1.35910 – 1.35807 —
58.792408681276 – 50.577337186447 —
– —
1.35809 – 1773055800

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – – – – – – – – –