USD/CAD – 1H – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance level at 1.36298 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.35499 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

And also a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish signal. The currency pair could go up.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

1.36298 – 1.36191 – 1.37104 – 1.36039 – 1.35499 – 1.35971 —
1.36010 – 1.36045 —
33.160252491641 – 45.73242673844 —
– —
1.36298 – 1777968000

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