Buy EUR/CAD – 4H – BUY

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 1.5892 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 1.58343 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.61722
2nd High 1.61701
Next High 1.58343
Current Price 1.57711
Next Low 1.56202
2nd Low 1.56118
3rd Low 1.5573

1.58343 – 1.61701 – 1.61662 – 1.56202 – 1.56118 – 1.58357 —
1.57013 – 1.57373 —
46.290862916981 – 51.585746341047 —
– —
1.58343 – 1773172800

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