USD/CAD – 1H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 1.3952 is likely expected.

Caution: A possible change in the direction of the support level at 1.38659 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Das Paar wird voraussichtlich nach oben gehen.

Additionally a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

1.3952 – 1.39119 – 1.39247 – 1.38659 – 1.38807 – 1.38147 —
1.39511 – 1.39500 —
65.089237215885 – 55.515321463324 —
– —
1.3952 – 1780880400

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