USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

An ascent up to the next resistance at 1.36791 is considered certain.

Caution: A possible change in the direction of the support line at 1.366 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.36791 – 1.36719 – 1.36765 – 1.366 – 1.36638 – 1.3643 —
1.36798 – 1.36868 —
61.721333601601 – 49.831546611264 —
– —
1.36791 – 1776913200

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – Rising Wedge Chart Pattern – – – – – – – –