USD/CAD – 30M – BUY

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.42195396 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.42259 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.42259 – 1.42217 – 1.42385 – 1.4199 – 1.41887 – 1.41591 —
1.42061 – 1.41864 —
31.174628367758 – 28.882186915782 —
– —
1.42259 – 1783440000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Up – – – – – – – – –