USD/CAD – 1H – BUY

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance 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 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.37543 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 1.37543 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

1.37543 – 1.37474 – 1.37479 – 1.36696 – 1.36993 – 1.37043 —
1.37288 – 1.37317 —
50.732660445585 – 53.145984279401 —
– —
1.37543 – 1774270800

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