EUR/CAD – 30M – BUY

The pair Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline upwards

A bullish trend up to the next resistance line at 1.58682 will persist.

Caution: A possible change in the direction of the support zone at 1.58436 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ going up is 82%.

1.58682 – 1.59276 – 1.58882 – 1.58535 – 1.58436 – 1.58533 —
1.58383 – 1.58473 —
40.405286359414 – 51.808456290139 —
– —
1.58682 – 1772708400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – – – – – – – – –