EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) goes from the descending trendline upwards

The bullish trend upwards to the next resistance line at 1.60421 will continue.

Caution: A possible change in the direction of the support level at 1.59283 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Then a ‘Bullish Belt Hold’ candle pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.60421 – 1.61288 – 1.61566 – 1.59879 – 1.59937 – 1.60492 —
1.60288 – 1.59825 —
44.938366359804 – 36.104879925385 —
– —
1.60421 – 1772479800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Belt Hold – – – – – – – – –