USD/CAD – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 1.36761 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 1.3601 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.36191 – 1.35956 – 1.3593 – 1.3601 – 1.3575 – 1.35499 —
1.36241 – 1.36248 —
62.904609351347 – 62.652092115962 —
– —
1.36191 – 1777899600

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