AUD/USD – 30M – BUY

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.71604 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.71293 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Rising 3 Methods’ candle pattern is detected. The candles show ‘Rising 3 Methods’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising 3 Methods’ going up is 74% (Bull Market) & 79% (Bear Market).

0.71477 – 0.71475 – 0.71022 – 0.71293 – 0.71098 – 0.70769 —
0.71487 – 0.71675 —
58.380657773297 – 64.805143562245 —
– —
0.71477 – 1776249000

Trading Signals: FOREX – AUD – AUD/USD – USD – Rising 3 Methods – – – – – – – – –