AUD/CAD – 4H – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline up.

A bullish ascent upwards to the next resistance at 0.98335 is likely expected.

Caution: A possible change in the direction of the support level at 0.96835 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

And also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles show ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.98335 – 0.98679 – 0.97994 – 0.97453 – 0.97471 – 0.97411 —
0.98335 – 0.97505 —
66.853766821597 – 34.186364202771 —
0.98335 – 1777420800 —
– 1777420800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – – – – – – – – –