USD/CAD - 31/08/2019
PLEASE SEE LAST WEEKS ANALYSIS.
Weekly:
The weekly candlestick has broken the descending TL and moved to the upside. However, it could still be just part of a retracement in the long run, where we would be targetting 1.29000.
Daily:
The daily candlesticks are struggling to break above the 1.33300 area.
4HR:
The 4hr charts are also ranging between the 1.33300 area and the 1.32600 area.
I will wait for a breakout of this ranging area before taking any trades. The trades have been put in place, but I will first wait for a break, then a retest. Within the trades, I have put areas of concern where you could scale out or be wary of.
Weekly:
The weekly candlestick has broken the descending TL and moved to the upside. However, it could still be just part of a retracement in the long run, where we would be targetting 1.29000.
Daily:
The daily candlesticks are struggling to break above the 1.33300 area.
4HR:
The 4hr charts are also ranging between the 1.33300 area and the 1.32600 area.
I will wait for a breakout of this ranging area before taking any trades. The trades have been put in place, but I will first wait for a break, then a retest. Within the trades, I have put areas of concern where you could scale out or be wary of.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.