USD/CAD – 1H – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance at 1.35777 is considered certain.

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

Then a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

1.35777 – 1.36076 – 1.37389 – 1.35354 – 1.35586 – 1.36713 —
1.35575 – 1.35060 —
43.540565323198 – 38.666737703574 —
– —
1.35777 – 1769706000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – Double bottom chart pattern – – – – – – – –