EUR/CAD – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.62432 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 1.62432 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

1.62432 – 1.62204 – 1.61995 – 1.61607 – 1.60746 – 1.60684 —
1.62215 – 1.62190 —
48.291394047488 – 39.012234080391 —
– —
1.62432 – 1781541000

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