EURCAD sell trade idea 22 07 2021
SELL EURCAD 1.4819
SL: 1.4849
TP1: 1.4799
TP2: 1.4779
TP3: 1.4759
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
SELL EURCAD 1.4819
Timeframe: H1
Step 1 - Previous News: EUR: -, CAD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow up
- Stochastic: H4 heading up
- PSAR: near bearish
Step 5 - Upcoming News: EUR: Monetary Policy Statement 1945hrs, ECB Press Conference 2030hrs, CAD: -
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