USD/CAD – 1H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.

A bullish ascent up to the next resistance at 1.40649 will continue.

Caution: A possible change in the direction of the support level at 1.3971 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.40649 – 1.4062 – 1.40213 – 1.3971 – 1.40138 – 1.39896 —
1.40608 – 1.40615 —
66.539711794167 – 56.504417431954 —
– —
1.40649 – 1763578800

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