EUR/CAD – 30M – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance level at 1.60034 will continue.

Caution: A possible change in the direction of support at 1.5919 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. In der Regel bedeutet das ein positives chart scenario. Das Paar wird voraussichtlich nach oben gehen.

There is also a ” indicator signal is detected. The indicator is ”. In der Regel bedeutet das ein positives chart scenario. Das Paar wird voraussichtlich nach oben gehen.

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There is also a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Das Paar wird voraussichtlich nach oben gehen.

There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Das Paar wird voraussichtlich nach oben gehen.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.597345 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.60034 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.60034 – 1.59781 – 1.60207 – 1.5919 – 1.59158 – 1.59492 —
1.59362 – 1.59483 —
44.47349991013 – 46.312304570112 —
– —
1.60034 – 1777559400

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