USD/CAD – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at will persist.
Caution: A possible change in the direction of the support line at 1.39023 could happen.
Please make appropriate stop-loss settings in the case of a trade.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.39561 |
| Next Low | 1.39023 |
| 2nd Low | 1.38904 |
| 3rd Low | 1.38762 |