USD/CAD – 30M – BUY

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.40037478 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.39901 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish signal. 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).

1.39901 – 1.39956 – 1.40235 – 1.39502 – 1.39546 – 1.3953 —
1.39786 – 1.39712 —
55.674225164063 – 49.546367304602 —
– —
1.39901 – 1781307000

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