We're on the 4H chart on EUR/CAD and what we're honestly seeing is consolidation in the zones of 1.53 & 1.55. Being bullish overall on eur/cad, it's it's in our best interest to look for buys. If you're experienced in counter-trend trading then catching this retracement in the level of 1.54 will be very profitable in over 60 pips ... I mean if your price action skills is accurate and timely. (Setting an alert should help with timing.)
Let's look to go long after a break above the resistance level closing above to form a support level. This will put you in profit over 100 pips if your price action is on point. You may look for a retest and then an entry especially if you're a newbie to swing trading or trading in general.
- Once you're a pro, you'll know where to go!
Let's look to go long after a break above the resistance level closing above to form a support level. This will put you in profit over 100 pips if your price action is on point. You may look for a retest and then an entry especially if you're a newbie to swing trading or trading in general.
- Once you're a pro, you'll know where to go!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.