EUR/CAD – 1H – BUY

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 1.61459 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.61468 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.61468 – 1.61636 – 1.62019 – 1.60899 – 1.60978 – 1.61016 —
1.61109 – 1.61144 —
46.572385923447 – 45.34383000907 —
– —
1.61468 – 1770829200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Up – Double bottom chart pattern – – – – – – – –