USDCAD, MULTIPLE TME FRAME ANALYSIS!
Monthly:
Price is at a strong zone of demand so we could see a push to the upside.
Weekly:
Price is rejecting the lows and it is failing to make a new low and it is rejecting
the 78.6% of the weekly fib.
Daily:
Price was failing to make LLs and actually it did a new high and we are retesting
the broken structure that is aligning with the zone of the 61.8 and the 78.6 of the
daily fib.
4H:
We will be monitoring the price from a 4h perspective to look for a vaild entry to
go long.
Price is at a strong zone of demand so we could see a push to the upside.
Weekly:
Price is rejecting the lows and it is failing to make a new low and it is rejecting
the 78.6% of the weekly fib.
Daily:
Price was failing to make LLs and actually it did a new high and we are retesting
the broken structure that is aligning with the zone of the 61.8 and the 78.6 of the
daily fib.
4H:
We will be monitoring the price from a 4h perspective to look for a vaild entry to
go long.
Trade active
Monthly: Weekly:
Daily:
4H:
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.