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EURCAD sell trade idea 17 09 2021

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#OPINIONLEADER# #Signal#

SELL EURCAD 1.4900

SL: 1.4930

TP1: 1.4880

TP2: 1.4860

TP3: 1.4840

Signal Analysis by LCMS Traders 

Currency Pair: EURCAD

SELL EURCAD 1.4900 

Timeframe: H1

Step 1 - Previous News: EUR: -, CAD: Housing Starts data slight decline

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast down, slow touch

- Stochastic: H4 heading into over sold

- PSAR: bullish

Step 5 - Upcoming News: EUR: -, CAD: -

EURCAD sell trade idea 17 09 2021

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