USDCAD (Student Exercise)
Monthly: Price recovering from previous bearish feeling.
Weekly: Bullish direction, respecting trend line, unlikely change in direction at this stage.
Weekly resistance - Fib 0.6198 at 1.3168, likely to test, unlikely to break.
Daily: Price likely to test the level showed in the weekly.
4H: Bullish candles, however not much money in the market at this stage.
Strong indication that the price will close near of the weekly resistance
Overall the price respecting the direction in all the time frames. Value in this setup.
Next week possible re-test of trend and aim to 1.32400 and, more difficult, level 1.33200
Weekly: Bullish direction, respecting trend line, unlikely change in direction at this stage.
Weekly resistance - Fib 0.6198 at 1.3168, likely to test, unlikely to break.
Daily: Price likely to test the level showed in the weekly.
4H: Bullish candles, however not much money in the market at this stage.
Strong indication that the price will close near of the weekly resistance
Overall the price respecting the direction in all the time frames. Value in this setup.
Next week possible re-test of trend and aim to 1.32400 and, more difficult, level 1.33200
註釋
I am new in the market, any idea please comment, thank you.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。