USD/CAD – 30M – BUYIn addition a ‘Double top retreat up’ chart pattern is existing. The formation shows ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to rise.
In addition a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39193 |
| 2nd High | 1.38944 |
| Next High | 1.38837 |
| Current Price | 1.38713 |
| Next Low | 1.38669 |
| 2nd Low | 1.38645 |
| 3rd Low | 1.38545 |
1.38837 – 1.38944 – 1.39193 – 1.38678 – 1.38669 – 1.3883 —
1.38800 – 1.38713 —
51.686298412335 – 41.892802407272 —
– —
1.38837 – 1768269600
Trading Signals: FOREX – USD – USD/CAD – CAD – Bullish Belt Hold – Double top retreat up – – – – – – – –