EURCAD buy trade idea 25 05 2021

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SL: 1.4720

TP1: 1.4770

TP2: 1.4790

TP3: 1.4810

Signal Analysis by LCMS Traders 

Currency Pair: EURCAD

BUY EURCAD 1.4750 

Timeframe: H1

Step 1 - Previous News: EUR: -, CAD: -

Step 2 - Trend: cross, Counter Trend

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: touch 

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: EUR: German ifo Business Climate 1600hrs, CAD: -

EURCAD buy trade idea 25 05 2021

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