AUD/USD – 4H – BUY

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 0.71871 will persist.

Caution: A possible change in the direction of the support line at 0.69869 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.70944 – 0.70842 – 0.69631 – 0.69869 – 0.68594 – 0.68329 —
0.71806 – 0.71640 —
67.990341880896 – 54.006241521088 —
– —
0.70944 – 1775764800

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