EURCAD sell trade idea 23 09 2021
SELL EURCAD 1.4883
SL: 1.4913
TP1: 1.4863
TP2: 1.4843
TP3: 1.4823
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
SELL EURCAD 1.4883
Timeframe: H1
Step 1 - Previous News: EUR: -, CAD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: French flash PMI 1515hrs, German Flash PMI 1530hrs, Eurozone flash PMI 1600hrs, CAD: Retail sales 2030hrs
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