EUR/CAD – 30M – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at 1.62551 is expected.

Caution: A possible change in the direction of the support level at 1.6248 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.62394 – 1.62551 – 1.62804 – 1.6248 – 1.62094 – 1.62406 —
1.62572 – 1.62592 —
46.321635920385 – 42.895428088885 —
– —
1.62394 – 1763767800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom retreat down – – – – – – – –