AUD/CAD – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.99312 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.98402 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive 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%.

0.99312 – 0.99116 – 0.9957 – 0.98402 – 0.97454 – 0.98733 —
0.99177 – 0.99218 —
61.193971934615 – 58.158782814685 —
– —
0.99312 – 1780070400

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