AUD/CAD – 1H – BUY

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

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

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.9669759 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.96571 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.96571 – 0.96979 – 0.96955 – 0.96317 – 0.96516 – 0.95664 —
0.96415 – 0.96399 —
46.509609269928 – 45.153913636603 —
– —
0.96571 – 1771254000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – Head and Shoulder chart pattern – – – – – – – –