AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline upwards

A bullish trend upwards to the next resistance level at 0.97943 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.97411 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Bearish SBS White Lines’ chart pattern is found. The chart forms ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.97943 – 0.97975 – 0.97976 – 0.97597 – 0.97789 – 0.97819 —
0.97781 – 0.97766 —
45.401175742851 – 44.800324067466 —
– —
0.97943 – 1776792600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –