Τετάρτη 3 Φεβρουαρίου 2016

Technical Analysis USD/CAD

On the H1 chart we are now in a range environment.  We have 2 trade options.  Sell at the top of the range at the 50% at 1.41150 with a 20 pip stop or sell at the 61.8% at 1.41600 with a 20 pip stop.  Targets are at the lower of the range at 1.3940 where a trendline comes in which could also make a possible inverted head and shoulder pattern.  You can also place a Buy order here at 1.39400 with stops below the lows.  It’s a range until it breaks.  If it breaks lower targets are 1.38500.  If it breaks higher targets are around the 1.42600

Δεν υπάρχουν σχόλια:

Δημοσίευση σχολίου