Excellent Long-Term Hunting Opportunity in EURCAD, Don't miss it

11 ม.ค. 2018

Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (1.5120 to 1.5255), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Beginning of entry zone (1.5120)
Ending of entry zone (1.5255)

Closed Profit:
TP1= @1.4980
TP2= @1.4860

Take Profit:
TP3= @1.4720
TP4= @1.4475
TP5= @1.4255
TP6= @1.4050
TP7= @1.3800
TP8= @1.3385
TP9= @1.3020
TP10= @1.2450
TP11= @1.2125
TP12= free

Technical analysis:
.A peak is formed in daily chart at 1.5140 on Tue, 01/02/2018, so more losses to support(s) 1.4860, 1.4720, 1.4475 and to more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 40.
.Current short-term is range bound, but beginning of downtrend is expected.

16 ม.ค. 2018

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

With Total Profit: 402 pip
Closed trade(s): 402 pip Profit
Open trade(s): 0 pip Profit

Trade Setup:
We opened 11 SELL trade(s) @ 1.5121 (day close price) based on 'Peak' at 2017.12.21 signaled by our "Daily Trading Opportunity".

Closed Profit:
TP1 @ 1.4980 touched at 2018.01.05 with 141 pip Profit.
TP2 @ 1.4860 touched at 2018.01.08 with 261 pip Profit.
141 + 261 = 402 pip

9 other break-even trades closed at entry price, therefore no profit no loss.