AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 0.91378 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.90776 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.91044 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.91378 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Download AUD/CAD Signal Image

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