Justmarkets | JUST COMFORTABLE TRADING

Inside Bar on USD/CAD

Inside Bar on USD/CAD

The bearish sentiment prevails on the USD/CAD currency pair. On Friday, February 22, the trading instrument updated key lows. The Price Action method signals a further drop in the USD/CAD quotes. Near the local support level of 1.31200, some classic Inside Bar patterns (H1 timeframe) have been formed, which currently act as the continuation of the current trend. We recommend paying attention to this situation.

If the price fixes below the level of 1.31200, you need to look for entry points to the market to open short positions. The immediate goal for profit taking is the support level of 1.30800. The movement is tending to 1.30500-1.30200. When tracking positions, we recommend using a trailing stop.

by JustMarkets, 2019.02.25

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Buka Akaun

Dapatkan Analisis Percuma

* ruang yang diperlukan
Artikel Terakhir
Semua Artikel
Apa Itu Gann Square?
Secara keseluruhan, Gann Square adalah alat unik dan rumit yang menawarkan pandangan mengenai trend pasaran dan pergerakan harga.
Baca lagi
Apa itu pendekatan Gunn?
Kaedah Gunn adalah satu pendekatan kepada perdagangan kewangan yang menggunakan kombinasi analisis teknikal, kitaran masa dan pola geometrik untuk meramalkan pergerakan harga dalam pasaran kewangan.
Baca lagi
Jangkaan Matematik dalam Perdagangan
Jangkaan matematik merujuk kepada hasil purata strategi perdagangan pada banyak perdagangan, dengan mengambil kira keuntungan dan kerugian. Ia adalah satu konsep statistik yang membantu pedagang menilai potensi keuntungan strategi mereka.
Baca lagi