USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bearish trendline upwards
The bullish trend upwards to the next resistance level at 1.36887 will continue.
Caution: A possible change in the direction of support at 1.36298 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Bullish Divergence’. signal.
Additionally a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Bullish Divergence’. signal.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37142 |
| 2nd High | 1.37104 |
| Next High | 1.36887 |
| Current Price | 1.36707 |
| Next Low | 1.36298 |
| 2nd Low | 1.36125 |
| 3rd Low | 1.35971 |
1.36887 – 1.37104 – 1.36913 – 1.36668 – 1.36671 – 1.36693 —
1.36713 – 1.36657 —
42.294042449608 – 40.956203927264 —
– —
1.36887 – 1777534200
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –