EUR/CAD – 30M – BUY

The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 1.60235 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.59916 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

1.60235 – 1.60498 – 1.60872 – 1.59916 – 1.59654 – 1.59925 —
1.60052 – 1.60082 —
50.982612094847 – 53.658225732399 —
– —
1.60235 – 1776972600

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