AUD/CAD – 4H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 0.98679 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.97471 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Besides a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.98679 – 0.97994 – 0.9801 – 0.97471 – 0.97411 – 0.96835 —
0.97828 – 0.97810 —
42.737725171172 – 44.538757063244 —
– —
0.98679 – 1776312000

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