informedtrades
Short

Euro Showing Weakness Across the Board

FX:EURCAD   Euro Fx/Canadian Dollar
36 0 0
The euro             is showing weakness across the board. After careful deliberation, I chose EURCAD             as the pair to short, mainly because there are some signs of CAD strength against other currencies and because I found the technical setup to be most appealing. Today's candlestick , while not completed at the time of this writing, is looking like a reversal candlestick signalling bears are ready to re-enter after the bulls executed a pullback in the primary downtrend. We're now at a support level , and I've used an AB=CD pattern to identify point D as a target based on the size of the pullback.

http://www.informedtrades.com
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out