USD/CAD – 30M – BUY

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

The bullish trend up to the next resistance level at 1.42478 is expected.

Caution: A possible change in the direction of support at 1.41956 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ” indicator layout is detected. The indicator is ”. chart scenario.

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Moreover a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

1.42175 – 1.41981 – 1.42001 – 1.41956 – 1.41749 – 1.41688 —
1.42099 – 1.42229 —
59.073039679795 – 62.739798827347 —
– —
1.42175 – 1782752400

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