USD/CAD – 30M – BUY

There is also a ‘Double bottom chart pattern’ chart pattern is discovered. The chart shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.

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 at 1.35831 will continue.

Caution: A possible counter-trend in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1.36265102 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.35831 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.35831 – 1.35820 – 1.36068 – 1.35563 – 1.35395 – 1.35766

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji