AUD/CAD – 1H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.993 is certain.

Caution: A possible change in the direction of the support level at 0.98767 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Then a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.99078 – 0.99046 – 0.98973 – 0.98767 – 0.98691 – 0.98751 —
0.98874 – 0.99083 —
48.630166677018 – 66.570170283978 —
– —
0.99078 – 1781629200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –