AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance level at 0.98039 is expected.

Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘StochRSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘StochOSC Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.98039 – 0.97873 – 0.9773 – 0.97453 – 0.9755 – 0.97553 —
0.97885 – 0.97831 —
46.953464318748 – 42.750634608491 —
– —
0.98039 – 1777271400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – – – – – – – – –