Tag: major takeaways main scenario alternative scenario analysis major takeaways main

USD/CAD: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25

Major Takeaways Main scenario: Consider long positions from corrections above the level of 1. 3885 with a target of 1. 4316 1. 4465. A buy signal: the price holds above 1. 3885. Stop Loss: below 1. 3885, Take Profit: 1. 4316 1. 4465. Alternative scenario: Breakout and consolidation below the level of 1. 3885 will allow the pair to continue declining to the levels of 1. 3570 1. 3432. A sell signal: the level of 1. 3885 is broken to the downside. Stop Loss: above 1. 3885, Take Profit: 1. 3570 1. 3432. Main Scenario Consider long positions from corrections above the level of 1. 3885 with a target of 1. 4316. Read full author’s opinion and review in blog of #LiteFinance.