EURCAD - Little bit of slowdown at 100 WMA and Kumo

FX:EURCAD   Euro / Canadian Dollar
75 0 4
I scaled back my shorts today (opened at 1,4985 average), as there is some minor momentum loss at 100 WMA and Kumo support/resistance area of 1,45-1,46.

Price enterred the thick Kumo, we may see some hesitation in this neutral zone and a spike to 1,4810-1,4910 is possible, which should be sold again as a Kijun retest entry point, with a stop 1,5050. Especially with focus on WTI, which actually has good chance to deliver further bullish price action.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out