| Script | |
|---|---|
| Time frame | Weekly |
| Recommendation | BUY |
| Entry point | 1.3601 |
| Take Profit | 1.3690, 1.3750 |
| Cut loss | 1.3540 |
| Level of importance | 1.2975, 1.3208, 1.3465, 1.3690, 1.3750 |
| Other options | |
|---|---|
| Recommendation | SELL STOP |
| Entry point | 1.3460 |
| Take Profit | 1.3208, 1.2975 |
| Cut loss | 1.3545 |
| Level of importance | 1.2975, 1.3208, 1.3465, 1.3690, 1.3750 |
Price is in correction zone, possibility of increase is maintained.
On the daily chart, the first bullish wave of the major level (1) of 5 has formed, and is continuing to develop a correction in the form of the second wave (2) of 5. Currently, wave C of (2) is recorded, which has completed wave i of C and is developing a correction in the form of wave ii of C. If this assessment is correct, the USD/CAD pair will rise to the zone of 1.3690–1.3750. The maximum stop loss for this scenario is 1.3465.
Main script
Consider opening a buy order above 1.3465 with a target to take profit in the 1.3690–1.3750 zone. Timeframe: 7 days or more.
Alternative scenario
The breakout and consolidation of the price below the 1.3465 level allowed the trading instrument to continue the downtrend to the 1.3208–1.2975 zone.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
