AUD/CAD – 30M – BUY

Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.9641671 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.96345 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.96345 – 0.96614 – 0.96681 – 0.95533 – 0.95821 – 0.95641 —
0.96112 – 0.96104 —
63.139540002069 – 54.421271969955 —
– —
0.96345 – 1772708400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – – – – – – – – –