āļĒāļđāđāļĢ / āļāļāļĨāļĨāļēāļĢāđāđāļāļāļāļēāļāļēāđāļāļīāđāļĄāļāļķāđāļ
ðĄDon't miss the great buy opportunity in EURCAD
āļāļĩāđāļāļąāļāđāļāļ:
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 71.
Take Profits:
TP1= @ 1.3548
TP2= @ 1.3588
TP3= @ 1.3637
TP4= @ 1.3696
TP5= @ 1.3758
SL= Break below S2
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ForecastCity English Support Team âĪïļ
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 71.
Take Profits:
TP1= @ 1.3548
TP2= @ 1.3588
TP3= @ 1.3637
TP4= @ 1.3696
TP5= @ 1.3758
SL= Break below S2
âĪïļ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ð LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
âĪïļ Your support is very much ð appreciated!âĪïļ
ð Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, âĪïļ
ForecastCity English Support Team âĪïļ
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
618.4 pips profit...Total Profit: 618.4
Closed trade(s): 310.4 Profit
Open trade(s): 308 Profit
Update Details:
Closed Profit:
TP1 @ 1.3548 touched at 05.19.2022 with 61.4 Profit.
TP2 @ 1.3588 touched at 05.19.2022 with 100 Profit.
TP3 @ 1.3637 touched at 05.23.2022 with 149 Profit.
61.4 + 100 + 149 = 310.4
Open Profit:
Profit for one trade is 1.3645(current price) - 1.3486 (open price) = 154
2 trade(s) still open, therefore total profit for open trade(s) is 154 x 2 = 308
All SLs moved to Break-even point.
Take Profit:
TP4= @ 1.3696
TP5= @ 1.3758
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