Gokur
Long

EURCAD Long idea

FX:EURCAD   Euro / Canadian Dollar
Why is this trade 100% perfect and amazing?
1.We had 9 bearish candles one by one on daily and there is no a bounce yet.
2.80-90% traders sell USDCAD .It means oil up but I expect a hard stoploss hunt before dropping anyways - dump oil firstly.This is forex!And whales play against the traders 24/7.That`s why we need to be with bigplayers and don`t follow folks
3.Everything in the world is harmonical.And the same in the market up and down up and down.Also,we should respect the time.That`s why the time is on our side because we are falling for more than 180+ hours non-stop on EURCAD
4.EUR is still a strong player with 500+ millions of people who live there.No corona there and the brexit isn`t the end.

I will strongly buy a retrace for 50% of the weekly candle with a very big lot
time:1-2 daily candles.And they will be 100% bullish .
GL dear followers with this trade!
Trade active:
Comment: Look at this red support on the monthly chart.EURCAD respect this level as crazy. The Strongly ironman support that punch all EURCAD bears away because it is on MONTHLY!!!
Comment: So let me try to explain the EC movement as I see like an Elliott Wave style :D(1-2(XYZ) of 4-5 waves and other weird stuff xD
1.Buy EC as soon as possible - TP 1.44350
2.Sell EC 1.44.350 - TP 1.4245
3.Buy EC (1.42.000 - 1.4245) - TP 1.43500
Trade active: Ok my bounce level was wrong and it is 1.4333 or it seems to be.Euro fighting back and will rise no doubt - HODL!
Order cancelled: CLOSE CLOSE CLOSE THE TRADE!
I expected a bounce but we see a lazy correction.
Don`t worry guys.
Let`s play with these levels
Sell EC 1.44.350 - TP 1.4245 OR Buy EC (1.42.000 - 1.4245) - TP 1.43500
Right now it is too risky.
No big profit,stability is better

Comments

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