USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance level at 1.39284 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 1.38842 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

Then a ‘MACD Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The 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).

1.39284 – 1.38971 – 1.39194 – 1.38842 – 1.38842 – 1.38846 —
1.39184 – 1.38973 —
61.844028789484 – 33.036390998723 —
– —
1.39284 – 1768593600

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