Começar
FX618Analysis

LOONIE Likely to target 1.24500 region as a consolidation move!

Viés de alta
Dólar Americano/Dólar Canadense (FX:USDCAD)  
FX618Analysis  
FX:USDCAD   Dólar Americano/Dólar Canadense
Trend Analysis Chart Patterns Technical Indicators USDCAD loonie LONG swingtrade 4h Exponential Moving Average (EMA) Monthly Pivots Trend Lines Oil
0
0
trendanalysis chartpattern indicator usdcad loonie long swingtrade 4h ema monthlypivots trendline oil
Price seem to be supported by S2 MONTHLY PIVOT. A potential break of trendline could lead the price to aim towards descending trendline located at the area near S1 MONTHLY PIVOT. For the criteria to meet, The 4H candle needs to close above the trendline and 4H 50 EMA. After this the RISK TO REWARD needs to be evaluated based on WEEKLY pivots.

This move is likely just a consolidation move as the LOONIE looks to retrace slightly to a concrete psychological resistance at 1.25000. Downtrend is still in play as the currency is supported by commodities prices.

This is just my analysis and its not a trade signal. shall the the criteria meet I shall post the trade instruction in a new post.

Ideias Relacionadas

FX618Analysis
GBPUSD 4H swing trade. Buy limit order in place
FX618Analysis
USDJPY too overstretched! Correction Likely to Occur
FX618Analysis
EURUSD daily swing trade. Short sell limit order in place
FX618Analysis
EURUSD likely to target 1.16800 & fall towards 1.15000
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.