EUR/CAD – 4H – BUY

Then a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.

Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.623975 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.63406 could happen.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.63406 – 1.62557 – 1.63127 – 1.61926 – 1.61389 – 1.61452 —
1.62766 – 1.62680 —
49.840880594592 – 31.965495279796 —
– —
1.63406 – 1763064000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – – – –