CapMoore

Price Breaking Higher And Testing Monthly R1

FX:USDCAD   美元/加元
26 0 3
Price has treaded water for almost a month but yesterday we saw a
strong move to the upside, breaking above the 1,3455 high and
reaching of the Monthly R1. A daily close above this level,
1,3518, will expose the upper wedge band and Monthly R2
at 1,3670. Price may also respect the R1 level at first test and
come back to test the break out level, 1,3455 or the Weekly R1
at 1,3425. What was noticeable yesterday was the extreme
SSI             reading of 4,85 Net short speculaitve crowd. Extremes like
this often signal a price extreme as well, as the crowd is mostly
wrong but tend to be right at the extremes. This may warn of a false
breakout. Thus, break out traders should preferably wait for a
close above the Monthly R1 or at least see if price finds support
on a retest of the break out level, also considering the Dollar
Index position, right at important resistance.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出