AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance level at 0.98578 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.982 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.98578 – 0.98498 – 0.97859 – 0.982 – 0.97601 – 0.97458 —
0.98518 – 0.98450 —
61.980167079524 – 51.539960369689 —
– —
0.98578 – 1781265600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –