EUR/CAD – 30M – BUY

Next a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.61535 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 1.61535 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.61535 – 1.61426 – 1.61267 – 1.61046 – 1.60743 – 1.60627 —
1.61229 – 1.61349 —
46.728010477281 – 53.443545872605 —
– —
1.61535 – 1767677400

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