USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 1.42734 will persist.

Caution: A possible counter-trend in the direction of the support line at 1.4159 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘MACD Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

And also a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.41592 – 1.41464 – 1.41226 – 1.4159 – 1.41343 – 1.41265 —
1.41686 – 1.41756 —
46.374740042569 – 57.370290041008 —
– —
1.41592 – 1781856000

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