AUD/CAD – 30M – BUY

Also there is a ‘Double bottom chart pattern’ chart layout is detected. The chart shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.

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

A bullish ascent upwards to the next resistance at 0.91141 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.90915 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.91312 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.91141 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bullish Tri-Star’ candle chart pattern is existing. The candles form ‘Bullish Tri-Star’. 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 ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

0.91141 – 0.91139 – 0.90954 – 0.90915 – 0.90948 – 0.90554 —
0.91175 – 0.91184 —
63.432466422246 – 58.389146047621 —
– —
0.91141 – 1763978400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Tri-Star – Double bottom chart pattern – – – – – – – –