empty
 
 
23.10.2013 10:57 AM
USD/CAD H1 analysis for October 23, 2013

General overview for 23/10/2013 09:15 CET

So far the anticipated upside movement is slowly in progress, two waves to the upside are missing .

The overall shape of this pattern wolud be abc green Irregular Flat and then some downside movemend is expected to finish the bigger cycle wave C green.

The alternate count is a little different: it indicates the possibility that wave B navy of a higher cycle has been finished in place of wave A green and now the price is developing wave C navy to the upside. In this scenario the more retrace current wave to the upside, the better for alternate count.

Possible target for wave c green is Fibo Cluster area of 1.0361 - 1.0364

Support/Resistance:

1.0269 - Intraday Low

1.0308 - Intraday Support

1.0312 - Weekly Pivot

1.0319 - Wave (iv) low/support

1.0330 - Technical Resistance

1.0343 - Fibo Cluster | Intraday Resistance |

1.0348 - WR1

1.0361 - 1.0364 - Target Zone for wave c green

Trading recommendations:

In anticipation if wave (v) of c to the upside long positions should be in play with entry at 1.0319 and SL at 1.0307 with potential TP1 at 1.0343 and TP2 at 1.0361.

This image is no longer relevant

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback