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Lingrid
May 22, 2023 7:26 AM

Lingrid | EURCAD in the DOWNTREND. Short Short

Euro Fx/Canadian DollarFXCM

Description

The price perfectly fulfills my last idea. The market hit the target. The price broke through the range zone and went down. The price is pulling back after forming double bottom at support level. I look forward to testing the upper border of the channel and rolling back towards support from resistance because the market is bearish. My goal is to support at 1.45500



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
Lingrid
Please rate the idea, what do you think guys✌️?
StewySongs
Great job.
jpeacockfx
Good job at analysing the markets. Thank you!
TradingShot
Good look at the market, I think the price will reach that target sooner or later.
TradingBrokersView
We are watching the same movement. It will take some time but it could be decisive.
TheCryptagon
Have to admit this is a tough setup to trade. Have you considered a back-up plan in case this one doesn't work out?
InvestingScope
Solid idea, the longer time-frames also confirm your arguments. Thank you for your work!
TheNewsCrypto
Perfect Setup
FirstNameHelen
Good chart, thanks for your idea
Williamforex
great setup
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