AUD/CAD – 1H – BUY

Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.95855166 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.96006 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.96006 – 0.96247 – 0.94991 – 0.95468 – 0.94416 – 0.94428 —
0.95669 – 0.95442 —
45.891342648005 – 35.175044632841 —
– —
0.96006 – 1770217200

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