EUR/CAD – 4H – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 1.60129 will continue.

Caution: A possible counter-trend in the direction of support at 1.57912 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

1.60129 – 1.60147 – 1.59296 – 1.57912 – 1.57176 – 1.56202 —
1.60049 – 1.60409 —
61.39052723629 – 65.929829967726 —
– —
1.60129 – 1774627200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –