USD/CAD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.40165 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.4062 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.4062 – 1.40576 – 1.40387 – 1.3971 – 1.40235 – 1.4014 —
1.39873 – 1.39895 —
34.877975446686 – 40.037234384163 —
– —
1.40620 – 1763445600

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Double top chart pattern – – – –