USDCAD has pushed down to where I am looking to enter a long position. However, the trade has not been enter yet as we do not have the correct conformations.
Price reaching our Fibonacci retracement levels is only half of our analysis. We need to be looking for price to reject from these levels and begin to turn back over, an example of this could be another double bottom or a candlestick formation or an indicator at our fib level.
Once we have further confirmations we can then look to enter the trade. Until we have these confirmations price will just as likely keep pushing down.
Price reaching our Fibonacci retracement levels is only half of our analysis. We need to be looking for price to reject from these levels and begin to turn back over, an example of this could be another double bottom or a candlestick formation or an indicator at our fib level.
Once we have further confirmations we can then look to enter the trade. Until we have these confirmations price will just as likely keep pushing down.
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.