USD/CAD – 1H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 1.40181 is considered certain.

Caution: A possible change in the direction of support at 1.39798 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

1.40181 – 1.39956 – 1.40235 – 1.39798 – 1.39502 – 1.3953 —
1.39982 – 1.40069 —
49.268589647602 – 50.798763220071 —
– —
1.40181 – 1781600400

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –