Sell @EURCADSell @EURCAD, 15 Min Timeframe FX:EURCAD
The Euro / Canadian Dollar denotes how many Canadian Dollars are needed to purchase one Euro. Crude oil is one of Canada's largest exports and as such, tends to be sensitive to fluctuations in crude oil prices and global growth expectations. The Eurozone is the largest monetary union in the world and one of the most popularly traded currencies in FX. Throughout history there have been numerous times the euro has been used as a funding currency during times of global economic uncertainty. The EUR/CAD typically has a slightly higher average true range than the majors, offering more opportunities to intra-day traders & swing traders alike.
Suuport
Bearish orderflowHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
ZKHANDELWAL HEAD & SHOULDERHello
Welcome to this analysis about ZKHANDELWAL, we are looking at daily timeframe perspectives. ZKHANDELWAL in recent times heavily decreased with bearishness however it now moved into an oversold condition. ZKHANDELWAL is developing here that will be a decisive factor in the upcoming times. I discovered the main formation ZKHANDELWAL is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how ZKHANDELWAL has emerged with this key HEAD & SHOULDER marked in my chart with the black boundaries. ZKHANDELWAL is near support region which is an important support and also psychological support-mark together with the lower-boundary of the HEAD & SHOULDER a pullback
In this manner, thank you for watching my update-analysis about ZKHANDELWAL and its major HEAD & SHOULDER with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
50 FIB LEVEL A Support and Resistance trading strategy that lets you profit from losing traders
Mark your areas of Support & Resistance (SR)
Wait for a directional move into SR.
Wait for price rejection at SR.
Enter on the next candle with stop loss beyond the swing high/low.
Take profits at the swing high/low.
DIA Monthly Chart is indicating bottom level @ 160 !I applied Elliot Wave, Fibonacci and Trend Analysis on the Monthly chart of DIA. RSI of DIA was creating a negative divergence from 2018 and signaling for a huge correction ! So Market was searching a correction point and Corona Virus helped the market for that. Now question is how much correction will happen ! Here there are two reasons for correction- 1. Natural correction needs, 2. Corona Virus impact and Economic loss of the whole world. So obviously we will not get rid of the bear market very easily ! According to my analysis there is another 25% of correction needed to get the potential bottom which is around 160 level. 160 Level is very much strong for some reasons- 1. Monthly Fibonacci 161% ratio support, 2. Previous strong Support, 3. Trending line Support. I believe DIA will recover from 160 level strongly and start rally again ! Thanks.