AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.98335 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 0.97710 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

0.97948 – 0.97666 – 0.98031 – 0.97710 – 0.9722 – 0.97389 —
0.97778 – 0.98216 —
46.858038889819 – 78.462926850348 —
0.97710 – 1778025600 —
0.97948 – 1778005800

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