USD/CAD – 30M – BUY

Also there is a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture forms ‘Double bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline up.

A bullish trend upwards to the next resistance level at 1.38757 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.38645 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.38757 – 1.38765 – 1.38879 – 1.38645 – 1.38545 – 1.38504 —
1.38762 – 1.38715 —
50.273138867302 – 50.170270356546 —
– —
1.38757 – 1767931200

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