USDCAD makes a false breakout of the 1.3138 support and forms a pattern that is able to turn the market around and give us an upward momentum
TA on a high timeframe:
1) A false breakdown of support 1.3138 is formed, followed by price consolidation above the level
2) The liquidity area of interest to the market is above 1.32300, which is where the price is apparently aiming for
TA on a low timeframe:
1) An ascending triangle is formed
2) The level of 1.32279 is in the role of resistance, which holds back the market
3) A resistance retest is formed, from this time the price may not break the line, but the next one may form a potential that will break this line.
Key Support📉: 1.3166
Key resistance📈: 1.3228
TA on a high timeframe:
1) A false breakdown of support 1.3138 is formed, followed by price consolidation above the level
2) The liquidity area of interest to the market is above 1.32300, which is where the price is apparently aiming for
TA on a low timeframe:
1) An ascending triangle is formed
2) The level of 1.32279 is in the role of resistance, which holds back the market
3) A resistance retest is formed, from this time the price may not break the line, but the next one may form a potential that will break this line.
Key Support📉: 1.3166
Key resistance📈: 1.3228
❤️ Telegram channel: t.me/AndeWave
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❤️ Telegram channel: t.me/AndeWave
相關出版品
免責聲明
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。