AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.88819 is considered certain.

Caution: A possible reversal of the trend in the direction of support at could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

There is also a ‘Three Line Strike – Bullish’ candle pattern is discovered. The candles show ‘Three Line Strike – Bullish’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

0.88819 – 0.88734 – 0.88482 – 0.88297 – 0.87970 – 0.87987

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Line Strike – Bullish