USD/CAD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 1.36355 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.36056 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

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

Also there is a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency 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’ going up is 82%.

1.36355 – 1.35963 – 1.36186 – 1.36056 – 1.35551 – 1.35647 —
1.36275 – 1.36048 —
68.441833156127 – 41.692813202369 —
– —
1.36355 – 1770919200

Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –