đź’ˇ Don't miss the great sell opportunity in EURCAD
Updated
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 1.5580
TP2= @ 1.5526
TP3= @ 1.5450
TP4= @ 1.5370
TP5= @ 1.5280
SL: Break Above R2
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. There is still a possibility of temporary retracement to suggested resistance line (1.5665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 1.5580
TP2= @ 1.5526
TP3= @ 1.5450
TP4= @ 1.5370
TP5= @ 1.5280
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the đź‘Ť LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
đź’Ž Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trade active
751 pips profit...Total Profit: 751
Closed trade(s): 367 Profit
Open trade(s): 384 Profit
Update Details:
Closed Profit:
TP1 @ 1.5580 touched at 12.04.2020 with 60 Profit.
TP2 @ 1.5526 touched at 12.04.2020 with 115 Profit.
TP3 @ 1.5450 touched at 12.09.2020 with 192 Profit.
60 + 115 + 192 = 367
Open Profit:
Profit for one trade is 1.5450(current price) - 1.5642(open price) = 192
2 trade(s) still open, therefore total profit for open trade(s) is 192 x 2 = 384
All SLs moved to Break-even point.
Take Profit:
TP4= @ 1.5370
TP5= @ 1.5280
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🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
âś… Best Profitable Trading Strategies
âś… in 9 languages
âś… since 2007
FREE Telegram 👉 t.me/forecastcity_com
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