EURCAD POTENTIAL SUPPORT BREAK?????
Pair: EURCAD
Timeframe: 30M
Analysis: Trend line, volume profile , support and resistance, trend break, consolidation, ascending triangle pattern
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Key Takeaway: Been a alot of consolidation between 1.47450-1.47200 and we could finally see a break. Need to look for a close below dynamic support and our trend line and then a retest of these levels before entering short.
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Level needed: need a close bellow 1.47200
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Trade: SHORT
RISK:REWARD 1:4
SL: 1.47340
TP: 1.46950-1.46640
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 30M
Analysis: Trend line, volume profile , support and resistance, trend break, consolidation, ascending triangle pattern
—————
Key Takeaway: Been a alot of consolidation between 1.47450-1.47200 and we could finally see a break. Need to look for a close below dynamic support and our trend line and then a retest of these levels before entering short.
—————
Level needed: need a close bellow 1.47200
—————
Trade: SHORT
RISK:REWARD 1:4
SL: 1.47340
TP: 1.46950-1.46640
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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.
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.