USDCAD in the area of option hedges
The price has entered the area of option hedges and margins at 1.3460.
However, given the strongly growing cumulative delta, there are concerns
whether it can go up without updating the low near 1.3440.
I think it will be pulled down first, ideally to knock out stops, capture liquidity,
show a culmination and then go into corrective growth. The nearest target is around 1.36
The price has entered the area of option hedges and margins at 1.3460.
However, given the strongly growing cumulative delta, there are concerns
whether it can go up without updating the low near 1.3440.
I think it will be pulled down first, ideally to knock out stops, capture liquidity,
show a culmination and then go into corrective growth. The nearest target is around 1.36
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.