EURCAD AnalysisLast week the pair was pretty strong, and even broke some support levels, but seems the buying threshold has been met something like that , the buyers are lossing strength.
So this week i will be expecting a good bearish trend for this pair but also expect some pillbacks.
Have a profitable week traders
Eurcadsell
EURCAD / BEAR / BIG DROPEURCAD has been ranging for a while, it is now at the top of the range on the 1H chart and there is an area of support just below it, I am waiting for price to break and then selling to the next level of support
I expect price to pull back before the trend continues, if the trend continues we can hold the position or enter another sell
EURCAD Trend Analysis ||H&S trade Idea||Here in EURCAD, we have some sell trade about 200 pips.
According to trend its about to fall from here now as given in analysis.. so its better we would take a sell trade about 100-150 pips, get profit & exit.... but on Long term trade it will fly so for now its just only of sell, when there's any buy trade on it next week, we get enter in it as well on sell........
I HOPE YOU GET SOME IDEA ABOUT EC NOW....
HOPE THE BEST....
EURCAD and Sell Area (6/7/2020)Sell limit
1.52955
SL at 1.53200
TP1 at 1.52700
TP2 at 1.52530
TP3 at 1.52285
Note!
Cancel/pending plan few minutes before news!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.