AUD/CAD – 4H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 0.89821 is certain.

Caution: A possible trend reversal in the direction of the support line at 0.89051 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.89821 – 0.89608 – 0.89273 – 0.89051 – 0.87897 – 0.87970 — 70.649183214521 – 72.387288189553 — 68.901055924912 – 100 – 41.21851937899 – 70.429757093817

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Triple top chart pattern – –