Possible short opportunity.
Price has been rising in the descending channel.
We could see price reject at previous support and the 50.0 fib level.
Or, Price could reach resistance of the channel and reject at the 61.8 fib level.
The overall trend of this pair is bearish so I am more interested in going short on this pair with 1 of these 2 scenarios described above.
As always I will look at indicators and moving averages as well as price action, trend, and fibs in order to give as high a probability as possible.
Fundamentals
CAD currently strong and so this is likely to push this pair to the downside.
Price has been rising in the descending channel.
We could see price reject at previous support and the 50.0 fib level.
Or, Price could reach resistance of the channel and reject at the 61.8 fib level.
The overall trend of this pair is bearish so I am more interested in going short on this pair with 1 of these 2 scenarios described above.
As always I will look at indicators and moving averages as well as price action, trend, and fibs in order to give as high a probability as possible.
Fundamentals
CAD currently strong and so this is likely to push this pair to the downside.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.