USD/CAD – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance at 1.36742 is certain.

Caution: A possible trend reversal in the direction of the support zone at 1.36206 should be noted.
Consider stop-loss settings accordingly.

Also there is a ” indicator signal is existing. The indicator shows ”. this is usually a bullish signal. The pair is likely to go up.

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

Also there is a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.36459 – 1.36337 – 1.36044 – 1.36206 – 1.35762 – 1.3578 —
1.36675 – 1.36759 —
81.704914762147 – 64.523783827427 —
– —
1.36459 – 1773363600

Trading Signals: FOREX – USD – USD/CAD – CAD – Bullish Belt Hold – – – – – – – – –