AUD/CAD – 30M – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at is certain.

Caution: A possible trend reversal in the direction of the support line at 0.92418 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

0.92696 – 0.9196 – 0.91996 – 0.92418 – 0.92317 – 0.91688 —
0.93057 – 0.93108 —
84.078950171779 – 76.822752198906 —
– —
0.92696 – 1767688200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing – – – – – – – – –