USD/CAD – 4H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline up.

A bullish trend up to the next resistance level at 1.3716 is expected.

Caution: A possible trend reversal in the direction of support at 1.35252 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.3716 – 1.37525 – 1.37122 – 1.35252 – 1.36247 – 1.36482 —
1.35781 – 1.35797 —
37.187568652631 – 40.951108617291 —
1.35252 – 1773057600 —
1.3716 – 1772726400

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