USD/CAD – 1H – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.

A bullish movement up to the next resistance line at 1.39956 is certain.

Caution: A possible change in the direction of support at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.39956 – 1.40235 – 1.395 – 1.3953 – 1.38989 – 1.39187 —
1.39878 – 1.39782 —
54.226914192056 – 47.815664784119 —
– —
1.39956 – 1781258400

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