AUD/CAD – 30M – BUY

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

An ascent up to the next resistance level at 0.98939 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Bullish Belt Hold’ candlestick pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.98939 – 0.99078 – 0.98963 – 0.98767 – 0.98774 – 0.98691 —
0.98815 – 0.98859 —
30.721891827241 – 49.383956930114 —
0.98767 – 1781686800 —
0.98939 – 1781668800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold – – – – – – – – –