TradingView
EMA_Trading
Sep 22, 2023 11:28 AM

EURCAD ↗️ β†˜οΈ Analysis (double Bottom ) Β 

Euro Fx/Canadian DollarFXCM

Description

β‹…
Hello Everyone πŸ™‹πŸ½β€β™‚οΈ

As we could see at the end of the descending channel,
we had Double bottom and the most recommended movement after the This move is a ascending trend, so we had two scenarios her as we could se on the chart,

1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.43900

2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 1.42700

We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP

Don't forget to hit the like bottom and write a comment to support us.
Follow us for more πŸ™‹πŸ»β€β™‚οΈ
Best Regard / EMA Trading .

Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .

Comment

β‹…
Going Down .
Comments
AMIT-RAJAN
β‹…
Nice chart mate thanks for idea
EMA_Trading
β‹…
@AMIT-RAJAN, Appreciate that Bro.
Hellena_Trade
β‹…
Nice trade setup! πŸ†
EMA_Trading
β‹…
@Hellena_Trade Thank you, appreciate it.
More