USD/CAD – 4H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline up.

The bullish trend up to the next resistance line at 1.40142 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.37994 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ” indicator signal is discovered. The indicator shows ”. which is often a bullish chart scenario. The pair is likely to go up.

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Moreover a ‘%K cross above 20’ indicator signal is discovered. The indicator shows ‘%K cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which 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).

1.40142 – 1.40508 – 1.41246 – 1.37994 – 1.39377 – 1.3971 —
1.38574 – 1.38406 —
39.522041483783 – 26.309441747548 —
– —
1.40142 – 1764676800

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