EUR/CAD Long-Term Trend: Bearish
Key Resistance Levels: 1.43894, 1.44267, 1.45459
Key Support Levels: 1.43305, 1.43159, 1.42698
4-Hour Chart:
The price on the higher time frame has been in a downtrend recently after it tested a resistance level of 1.48001 and reversed. The pair has continued to break a few support levels which suggests further trend continuation.
EUR/CAD Medium-Term Trend: Bearish
30-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 1.45459 and 1.44267 and has sustained below that. As of now the pair has broken and retested a minor level of 1.43894 before continuing the momentum.
Signal Idea:
Sell Stop Order @ 1.43712
TP @ 1.43407
Stop Loss @ 1.44017
Trade Safely 🙂
Good night
Good evening sir, I thought this suppose to be a crypto currency trading telegram channel, or am I wrong?
Forex
Since my timeframe is GMT+3, I wanted to know how long after the signal is sent in the telegram group I have to place the trade to not lose it.
Thanks
If the trade is not cancelled yet and it is around entry price you can take the trade.
Wow that trade flew right threw 😮💨