EURCAD: Take heed of this critical level

ที่อัปเดต:
EURCAD is about to test the highest volume price since the Euro's inception, the 52 week MA and also the point of balance downtrend target, obtained using time at mode as a secondary target other than the range one depicted by the red box on chart.

It's likely to see a reaction to this level during this crucial week, so, do pay attention to it.
I will update this chart with a potential entry, in case this level holds, since I expect the oil weakness to endure, naturally giving us an interesting and very aggressive long trade here.
For now, I remain neutral but do pay attention, this might be a very significant reaction once we reach the critical support below.

Check out Tim West's "Key Hidden Levels Chatroom for more insights on the stocks , bonds, metals, currencies and Bitcoin markets. I'm currently managing a private trading room for Forex , CFDs and Bitcoin futures traders.
Contact me for more details on how to join either of the two.
Skype: ivanlabrie
QQ: 2954487803

Regards,

Ivan Labrie
Time at Mode FX
บันทึกช่วยจำ
Touchdown: สแนปชอต
บันทึกช่วยจำ
Broke down, let's see if it has follow through.
บันทึกช่วยจำ
Looks good. Might be forming a bottom.
บันทึกช่วยจำ
We might have the long here.
สแนปชอต
บันทึกช่วยจำ
So beautiful...
ปิดการเทรด ด้วยตนเอง
บันทึกช่วยจำ
(Oil hit a very strong support, it can retrace, so it's safe to wait to rejoin this or at least close partial and /or move stop up)
บันทึกช่วยจำ
This might be a local top. Better stand aside for now, or trail stops and book partially.
บันทึกช่วยจำ
Crude is acting strong, we got a 5.72R trade with that buy stop above the high...stop was never hit because price surged straight up after testing the lows.

สแนปชอต

Now it might be time to short, I'll update with my entry, crude is acting well, like it's bottoming.
บันทึกช่วยจำ
No short possible...scratch that, just enjoy the pips we had, and Merry Xmas.
บันทึกช่วยจำ
Euphoric action, wonder if we'll cross the monthly resistance right here.
BOCecbEURCAD

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
และใน:

การนำเสนอที่เกี่ยวข้อง

คำจำกัดสิทธิ์ความรับผิดชอบ