AUD/CAD – 30M – BUYThen a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.92822488 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.92925 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93223 |
| 2nd High | 0.93057 |
| Next High | 0.92925 |
| Current Price | 0.92684 |
| Next Low | 0.92653 |
| 2nd Low | 0.92418 |
| 3rd Low | 0.92317 |
0.92925 – 0.93057 – 0.93223 – 0.92752 – 0.92653 – 0.92838 —
0.92883 – 0.92708 —
52.804295861303 – 30.397304496303 —
– —
0.92925 – 1767920400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –