USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.

An ascent up to the next resistance line at 1.36811 is expected.

Caution: A possible counter-trend in the direction of the support level at 1.36298 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.36357 – 1.36811 – 1.36991 – 1.36298 – 1.36125 – 1.35971 —
1.36469 – 1.36664 —
60.068151811944 – 76.244316231079 —
1.36298 – 1777370400 —
1.36357 – 1777330800

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