AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the bearish trendline upwards

An ascent upwards to the next resistance level at 0.70068 will persist.

Caution: A possible counter-trend in the direction of support at 0.6958 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Next a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Three Outside Up’ candlestick chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.70068 – 0.70427 – 0.70361 – 0.6958 – 0.6971 – 0.69803 —
0.69744 – 0.69777 —
38.169161397608 – 39.370349446214 —
– —
0.70068 – 1770260400

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – – – – – – – – –