EURCAD buy trade 13 05 2021
BUY EURCAD 1.4646
SL: 1.4616
TP1: 1.4666
TP2: 1.4686
TP3: 1.4706
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
BUY EURCAD 1.4646
Timeframe: H1
Step 1 - Previous News: EUR: EU projects that the EU economy will expand by 4.2% this year, French and German banks holiday, CAD: -
Step 2 - Trend: Down, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, CAD: BOC Gov Macklem Speaks 2300hrs
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