USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 1.42734 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 1.4159 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

1.41592 – 1.41464 – 1.41226 – 1.4159 – 1.41343 – 1.41265 —
1.41782 – 1.41802 —
58.325441620959 – 60.501380320804 —
– —
1.41592 – 1781856000

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