USD/CAD – 1H – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance at 1.36742 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 1.35252 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’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.36742 – 1.3716 – 1.37525 – 1.35252 – 1.36151 – 1.36265 —
1.35902 – 1.35870 —
47.118283557337 – 49.410101858384 —
– —
1.36742 – 1772812800

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