AUD/CAD – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 0.97992 will continue.

Caution: A possible change in the direction of the support line at 0.97222 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

0.97992 – 0.98335 – 0.97996 – 0.97222 – 0.97717 – 0.97743 —
0.97760 – 0.97589 —
50.777093131575 – 36.999268346464 —
– —
0.97992 – 1777568400

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