empty
 
 
05.03.2015 03:30 PM
Technical analysis of USD/CAD for March 5, 2015

General overview for 05/03/2015 14:20 CET

On larger time frames like H4 we can see, that this market is still inside the well-defined range zone and according to Elliott wave theory, there is a possibility to count the first impulsive wave progression to the upside. The most important level for this impulsive wave count is the support at the level of 1.2378, because any breakout lower would invalidate the impulsive count and the corrective cycle will become more complex and time consuming. On the other hand, the market must break out above the level of 1.2565 in order to continue climbing higher.

Support/Resistance:

1.2378 - Technical Support|Invalidation Level|

1.2565 - Technical Resistance

1.2658 - Technical Resistance

Trading recommendations:

Daytraders and swingtraders should consider to open buy orders on current market levels, with SL below the level of 1.2378 and TP open for now.

This image is no longer relevant
Ringkasan
Urgensi
Analitik
Sebastian Seliga
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback