USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 1.36646 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.36198 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

And also a ” indicator layout is detected. The indicator shows ”. which is often a bullish signal. The currency pair is likely to rise.

!

And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish 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).

1.36646 – 1.36447 – 1.36432 – 1.36198 – 1.35777 – 1.36063 —
1.36589 – 1.36470 —
56.802404706775 – 38.947187520966 —
– —
1.36646 – 1778202000

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