AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance level at 0.97443 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.97067 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish pattern 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’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.97443 – 0.9728 – 0.97422 – 0.97067 – 0.96884 – 0.97233 —
0.97213 – 0.97154 —
42.689553884719 – 37.467345808238 —
– —
0.97443 – 1772175600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –