USD/CAD – 4H – BUY

Moreover a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘StochOSC Bullish Divergence’ indicator layout is found. The indicator is ‘StochOSC Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.378525 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.39284 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

1.39284 – 1.39193 – 1.38054 – 1.38547 – 1.36421 – 1.37301 —
1.37698 – 1.37196 —
20.84965920596 – 31.613367288261 —
– —
1.39284 – 1768593600

Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –