AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.98859 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.98321 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. 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 White Soldiers’ heading up is 82%.

0.98859 – 0.97948 – 0.97666 – 0.98321 – 0.9771 – 0.9722 —
0.98555 – 0.98627 —
53.692206499725 – 61.250908727141 —
– —
0.98859 – 1778074200

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