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DeGRAM
27 de Out de 2020 08:24

USDCAD Continues to move. Growth after fall Viés de alta

U.S. Dollar/Canadian DollarFXCM

Descrição

Last few weeks the price continued to fall.
As I said in my forecast for October 15, it touched the crossing of the resistance lines.

Then it fell, and began to grow again (let me remind you of my past forecast).

Today the price bounced off the resistance line again (for the second time in the last two weeks).

I expect it to fall to the support line and then rise again to the intersection of the two resistance lines. It is not clear yet whether the price will be able to break this line in the future. We will monitor the situation.

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Comentários
ridethepig
Nice moves this morning here...

msabbagh
i can se a clear head and shoulder on daily- just waiting for the cross- i dont undertsand your logic but anyway its reactive actions , if it break up we will buy goes down we will sell- i dont think predective willwork for anyone
DeGRAM
@msabbagh, Now my idea has come true, so everything is good.
TradingAlchemist
on what basis do you think that price will go down? price can go up right now
DeGRAM
@TradingAlchemist, The resistance line is strong and the price bounced off of it good
Solldy
I expect that after the price reaches the lines, it will dip down.📉
DeGRAM
@Solldy, Strong lines intersect so I agree
Lingrid
thanks for chart
same thoughts - short
DeGRAM
@Lingrid, Welcome

Interesting idea.
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