AUD/CAD – 4H – BUY

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

A bullish ascent up to the next resistance level at 0.98679 will persist.

Caution: A possible change in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.98679 – 0.97994 – 0.9801 – 0.97471 – 0.97411 – 0.96835 —
0.97721 – 0.97885 —
42.948046583027 – 48.616550636821 —
– —
0.98679 – 1776312000

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