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Eurcadsignal

⭕️SELL EURCAD at the best place and time 🔥🔰You can see the analysis of Euro to Canadian dollar in the four-hour time frame (EURCAD _ 4H)🧨🧨 💥As it is clear from the picture, it can be said that the price has a Range behavior❗🧐 If the black🖤 ascending trend line is broken and the price stabilizes❗ below this line and then the price pullback❗ to the trend line, we can expect the price to fall to the first DEMAND zone🔻 SUPPLY zone and DEMAND zones are specified in the picture👌 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
Short
by TRADER_STREET
4
EURCAD Short: Bearish Engulfing on 1hr at SupportTrend: The overall trend of the script is downwards. Making a series of LL and LH according to DOW theory. Support and Resistance: Blue lines indicate the S/R in the weekly time frame while red lines indicate it in the daily and 4hr time frame. Short Position Justification: Two bearish candles spotted on the LH of the chart, just below the daily resistance which indicates the price will likely move down from here as it is unable to break the resistance area. SL: It is placed just above the LH in the chart. TP1: Placed near the support level. TP2: Placed at the LL in the chart.
by sanasaeed
EURCAD - Broken Support EURCAD - Sell The Weekly major support level has broken amidst unsettling european events. The level should now turn resistance and has already tested it. Entry: 1.3376 Price has bounced of former support now turned resistance, Stop: 1.34103 Above the support area, if price breaks through to this area, it'll have taken out previous highs and possibly looking at change of trend. TP I have highlighted key profit taking areas, can use a trailing stop and move trade to breakeven when certain amount in profit for risk management.
Short
by dinomalik