USD/CAD – 1H – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 1.36844 will continue.

Caution: A possible trend reversal in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles show ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

1.36844 – 1.37122 – 1.37063 – 1.36404 – 1.36247 – 1.36587 —
1.36677 – 1.36973 —
54.962475697212 – 46.879578067469 —
– —
1.36844 – 1772204400

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –