www.varchev.com

Suitable level for long position

USDCAD: 10.01.2017 D1 chart.
Uptrend on daily chart.
Price above diagonal and horizontal supports and close above 38.2% Fibo level.
Price Action: Doji bar and price holding above horizontal support on level 1.319
Technical Indicators:
DeM – Close to level 0.3 expected to turn up – positive signal.
CCI (50) – Gives conflicting signals. Level below 0 – negative signal. Divergence according to the bar chart – positive signal.
Price above SMA 200 – trend substaining signal.
SL: 1.31215
Alternative scenario: If the price breaks below horizontal or diagonal supports or 38.2 Fibo level, this probably will lead to correction and test to SMA 200 or 50% Fibo level.


 Varchev Traders

Varchev Absolute Trader

борсова платформа

  • Търгувай над 3000 финансови инструмента: Crypto, Форекс, Акции, Индекси, Суровини, ETF-и
  • Използвай платформа с директно изпращане ордерите на борсите
  • Best Trading Platform - "Online Personal Wealth Awards" EU награждава Varchev Absolute Trader
  • Cloud base платформа - твоят трейдинг сетъп на всяко устройство
  • Traders Talk - чуй какво движи пазарите в реално време
  • Market Sentiment - търгувай с настроенията на инвестиционите банки
  • Top movers - най-горещите трейдове във всеки един момент
  • Stocks scanner - филтрирай най-подходящите за твоя трейдинг стил пазарни инструменти
  • Heat map - Търгувай в посоката на големите играчи


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance
chat with dealer
CALL NOW
?>