AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline up.

An ascent upwards to the next resistance at 0.96636 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.96313 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘RSI Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Die Paarung wird wahrscheinlich steigen.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

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

0.96636 – 0.9664 – 0.96838 – 0.96313 – 0.96352 – 0.96399 —
0.96566 – 0.96310 —
42.304449131797 – 37.478449995117 —
– —
0.96636 – 1771542000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –