EURCAD sell trade idea 25 11 2021
SELL EURCAD 1.4183
SL: 1.4213
TP1: 1.4163
TP2: 1.4143
TP3: 1.4123
Signal Analysis with LCMS Traders
Currency Pair: EURCAD
SELL EURCAD 1.4183
Timeframe: H1
Step 1 - Previous News: EUR: German ifo Business Climate slight decline, CAD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning, slow up
- Stochastic: H4 flat, turning down
- PSAR: bearish
Step 5 - Upcoming News: EUR: ECB releasing minutes recent monetary policy 2030hrs, ECB President Lagarde speaks 2130hrs, CAD: -
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