EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 1.61155 is considered certain.

Caution: A possible trend reversal in the direction of support at 1.60129 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

1.60922 – 1.60819 – 1.60526 – 1.60129 – 1.60287 – 1.60262 — 51.72861791389 – 53.089701612167 — 8.8824793615908 – 13.773781600209 – 23.137836665238 – 13.04155742519

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