USD/CAD – 1H – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance line at 1.37104 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.36198 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.36298 – 1.36191 – 1.37104 – 1.36198 – 1.35777 – 1.36039 —
1.36321 – 1.36434 —
53.40609619499 – 56.82730265534 —
– —
1.36298 – 1777968000

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