AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.

A bullish trend up to the next resistance level at 0.96607 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.95981 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

0.96607 – 0.96979 – 0.96955 – 0.95981 – 0.96388 – 0.96516 —
0.96358 – 0.96147 —
54.414362531496 – 41.994226783155 —
– —
0.96607 – 1770953400

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