EURCAD buy trade idea 01 06 2021
BUY EURCAD 1.4742
SL: 1.4712
TP1: 1.4762
TP2: 1.4782
TP3: 1.4802
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
BUY EURCAD 1.4742
Timeframe: H1
Step 1 - Previous News: EUR: German Preliminary CPI continued to rise, Eurozone CPI flash & Unemployment Rate 1700hrs, CAD: OPEC-JMMC meetings today
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning up, slow down
- Stochastic: H4
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, CAD: GDP m/m 2030hrs, Manufacturing PMI 2130hrs
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.