EUR/CAD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 1.6275 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 1.62157 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

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

1.6275 – 1.62503 – 1.62681 – 1.62157 – 1.62049 – 1.6198 — 46.953284512788 – 48.47898212681 — 82.2551933081 – 88.405228312678 – 76.890183308932 – 81.452840200984

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