AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 0.69492 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.69123 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

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

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘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%.

0.69492 – 0.69645 – 0.69693 – 0.69123 – 0.69233 – 0.69353 —
0.69355 – 0.69448 —
64.079744571758 – 66.853298566319 —
– —
0.69492 – 1783953000

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