AUD/CAD – 1H – BUY

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

A continuation of the uptrend up to the next resistance at 0.98375 will persist.

Caution: A possible change in the direction of the support line at 0.97815 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. 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%.

0.98375 – 0.98153 – 0.98313 – 0.97815 – 0.97854 – 0.97872 —
0.98300 – 0.98440 —
60.384154580541 – 65.643353464134 —
– —
0.98375 – 1783015200

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