EURCAD has been a bit volatile recently in quite a wide range. Now we have a lot of signals on multiple time frames confirming it resumes bearish. Let's have a quick checklist:
Daily:
- Bearish Slow Stoch followed by a bearish MACD cross now!
- Long body red HA candles. The question is if can make a bearish cross below Kijun Sen again, which in that case happening below the Kumo, should be considered as a strong sell signal
- haDelta and SMA3 are bearsih below zero line, HA Oscillator is bearish too.
4 Hours:
- Went through a very thick Kumo, after breaking the 100 WMA first. Now Price is trading below Kumo. This is a bearish setup, from now any spike will likely be a good sell opportunity
- DMI is bearis with increasing ADX
- haDelta crossing down again below zero + Oscillator is bearish too
p.s.:
I will put on a weekly EURCAD chart separately soon.
Daily:
- Bearish Slow Stoch followed by a bearish MACD cross now!
- Long body red HA candles. The question is if can make a bearish cross below Kijun Sen again, which in that case happening below the Kumo, should be considered as a strong sell signal
- haDelta and SMA3 are bearsih below zero line, HA Oscillator is bearish too.
4 Hours:
- Went through a very thick Kumo, after breaking the 100 WMA first. Now Price is trading below Kumo. This is a bearish setup, from now any spike will likely be a good sell opportunity
- DMI is bearis with increasing ADX
- haDelta crossing down again below zero + Oscillator is bearish too
p.s.:
I will put on a weekly EURCAD chart separately soon.
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.