USD/CAD – 1H – BUY

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.36221594 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1.37104 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Southern Doji’ candlestick chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.37104 – 1.36913 – 1.37142 – 1.35971 – 1.366 – 1.3643 —
1.36885 – 1.36711 —
50.5207038474 – 43.001067555971 —
– —
1.37104 – 1777478400

Trading Signals: FOREX – USD – USD/CAD – CAD – Southern Doji – – – – – – – – –