USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 1.37024 is considered certain.

Caution: A possible counter-trend in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.37024 – 1.37145 – 1.37042 – 1.36773 – 1.36755 – 1.36676 —
1.36994 – 1.36896 —
53.971790081979 – 45.317707320588 —
– —
1.37024 – 1771561800

Trading Signals: FOREX – USD – USD/CAD – CAD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –