USD/CAD – 30M – BUY

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

A bullish trend upwards to the next resistance line at 1.36742 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 1.36443 could occur.
Consider stop-loss settings accordingly.

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

Additionally a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.36742 – 1.36723 – 1.3716 – 1.36443 – 1.36531 – 1.36151 —
1.35896 – 1.35934 —
28.532454148455 – 42.372363674342 —
– —
1.36742 – 1772814600

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