USD/CAD – 1H – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 1.36048 is considered certain.

Caution: A possible trend reversal in the direction of support at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The 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%.

1.36048 – 1.35854 – 1.36013 – 1.35545 – 1.35418 – 1.35252 —
1.35927 – 1.35949 —
54.159148238941 – 54.155715039927 —
– —
1.36048 – 1773255600

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