USD/CAD – 1H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance line at 1.38696 is certain.

Caution: A possible counter-trend in the direction of the support level at 1.377 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

1.3849 – 1.38291 – 1.38696 – 1.377 – 1.37736 – 1.37986 —
1.38480 – 1.38481 —
63.959315125125 – 61.08204034422 —
– —
1.3849 – 1780333200

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