EUR/CAD – 1H – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 1.62594 will continue.

Caution: A possible counter-trend in the direction of the support level at 1.61609 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.62594 – 1.62682 – 1.62567 – 1.61609 – 1.61838 – 1.61986 —
1.62092 – 1.62580 —
51.115344607887 – 69.713572576157 —
– —
1.62594 – 1781773200

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