Interesting level here in USDCAD. The primary Elliott Wave pattern suggests a deeper cut, perhaps down to 1.33.
However, we have horizontal resistance turned to new support from May 2017 in the way. Which pattern prevails?
There is likely enough support to pop prices higher a little. So long as USDCAD is below the May 22 high, a break down below 1.38 is possible.
However, we have horizontal resistance turned to new support from May 2017 in the way. Which pattern prevails?
There is likely enough support to pop prices higher a little. So long as USDCAD is below the May 22 high, a break down below 1.38 is possible.
交易結束:目標達成
USDCAD reached the top end of the target range. The minimum waves can be counted in place for a reversal though we cannot rule out further moves lower.The point being the odds have shifted towards a bullish reversal as it is no longer a good risk to reward ratio to be short. Wave relationships and a trendline are guarding this 1.32-1.33 zone.
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
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。