Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.567). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.5570
TP2= @ 1.5520
TP3= @ 1.5430
TP4= @ 1.5195
TP5= @ 1.5050
SL: Break Above 1.574
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ForecastCity English Support Team ❤️
. There is still a possibility of temporary retracement to suggested resistance line (1.567). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.5570
TP2= @ 1.5520
TP3= @ 1.5430
TP4= @ 1.5195
TP5= @ 1.5050
SL: Break Above 1.574
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
تم فتح الصفقة:
542 pips profit...
Total Profit: 542
Closed trade(s): 182 Profit
Open trade(s): 360 Profit
Update Details:
Closed Profit:
TP1 @ 1.5570 touched at 10.20.2020 with 66 Profit.
TP2 @ 1.5520 touched at 10.20.2020 with 116 Profit.
66 + 116 = 182
Open Profit:
Profit for one trade is 1.5516(current price) - 1.5636(open price) = 120
3 trade(s) still open, therefore total profit for open trade(s) is 120 x 3 = 360
All SLs moved to Break-even point.
Take Profit:
TP3= @ 1.5430
TP4= @ 1.5195
TP5= @ 1.5050
Total Profit: 542
Closed trade(s): 182 Profit
Open trade(s): 360 Profit
Update Details:
Closed Profit:
TP1 @ 1.5570 touched at 10.20.2020 with 66 Profit.
TP2 @ 1.5520 touched at 10.20.2020 with 116 Profit.
66 + 116 = 182
Open Profit:
Profit for one trade is 1.5516(current price) - 1.5636(open price) = 120
3 trade(s) still open, therefore total profit for open trade(s) is 120 x 3 = 360
All SLs moved to Break-even point.
Take Profit:
TP3= @ 1.5430
TP4= @ 1.5195
TP5= @ 1.5050
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com