EUR/CAD – 1H – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at 1.61874 is considered certain.

Caution: A possible change in the direction of the support zone at 1.61599 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘RSI Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.

Additionally a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.

Additionally a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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).

1.61874 – 1.61981 – 1.62259 – 1.61599 – 1.61434 – 1.6146 —
1.61644 – 1.61657 —
36.637796606009 – 47.198463459614 —
– —
1.61874 – 1768392000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –