AUD/USD – 4H – BUY

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 0.72274 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.71012 could happen.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern 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%.

0.72274 – 0.71995 – 0.71856 – 0.71012 – 0.71107 – 0.71298 —
0.71743 – 0.72236 —
46.01028831625 – 63.867985728304 —
– —
0.72274 – 1777651200

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