AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance line at 0.98648 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.9771 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ” indicator layout is discovered. The indicator is ”. which could be a positive signal. The pair is likely to go up.

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Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.97948 – 0.97666 – 0.98031 – 0.9771 – 0.9722 – 0.97389 —
0.98444 – 0.98426 —
79.971551998848 – 66.356499473188 —
– —
0.97948 – 1778005800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold – – – – – – – – –