AnriErikanov
Short

Planning to SHORT EUR/CAD

FX:EURCAD   Euro / Canadian Dollar
40 1 0
Every weekend I analize the markets and this is my plans for Monday :

So as you know EURO             bumped up after the intrest rate announcements before it there was low volatility because big players were waiting for the announcements Lots of people came in and got over extended.
After that move price quickly moved downward with a recent retracement that was expected because of RSI oversold and divergence .
It would be very difficult for the retracement to become an impulse move(also formed a pennant pattern)
Anyways I am setting my targets at the previous (support,resistance)
Trade closed manually
Yust some stupid consolidation closing half my position
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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