AUD/CAD – 1H – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.96571 will continue.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Next a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Next a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.96571 – 0.96979 – 0.96955 – 0.96317 – 0.96516 – 0.95664 —
0.96474 – 0.96412 —
46.514653883925 – 51.450734552024 —
– —
0.96571 – 1771254000

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