AUD/CAD – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 0.98375 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.98015 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.98375 – 0.98043 – 0.98153 – 0.98015 – 0.97815 – 0.97854 —
0.98291 – 0.98428 —
60.843299151046 – 69.18861758727 —
– —
0.98375 – 1783017000

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