AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 0.92184 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.91554 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The 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).

0.92184 – 0.92144 – 0.92031 – 0.91554 – 0.91827 – 0.9184 —
0.91668 – 0.91846 —
37.446088598236 – 51.862890174724 —
– —
0.92184 – 1765404000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom chart pattern – – – – – – – –