EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at 1.60129 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 1.59351 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 1.60129 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.60129 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘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 chance of ‘Three White Soldiers’ going up is 82%.

1.59905 – 1.60049 – 1.60129 – 1.59351 – 1.59603 – 1.59379 —
1.59890 – 1.60118 —
59.015836425775 – 66.753805572439 —
– —
1.59905 – 1774931400

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