AUD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Current target is 0.9028983 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.91347 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91641 |
| 2nd High | 0.91378 |
| Next High | 0.91347 |
| Current Price | 0.90148 |
| Next Low | 0.90079 |
| 2nd Low | 0.90002 |
| 3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers