AUD/USD – 30M – BUY

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.65179 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.64836 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ” indicator layout is existing. The indicator shows ”. this is usually a bullish chart signal. The currency pair is likely to rise.

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Then a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65117 – 0.64753 – 0.64685 – 0.64836 – 0.64647 – 0.64358 —
0.65274 – 0.65308 —
69.154404485749 – 66.048628467793 —
– —
0.65117 – 1764144000

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –