FX:EURCAD   Euro Fx/Canadian Dollar
EURCAD             heading towards oversold area. Best to enter long after watching priceaction with momentum. Dont enter during consolidation.
How many times when it rebounds from the Support or Resistance that makes it a worthy of noticing it as a strong support or resistance - Is there a set number? What makes you decide that 1.4408 is a better buy zone than 1.4288?
please advise
Reply
In Trading market, no set numbers can be given. Market is very dynamic and we should never mistake to predict it, we can only watch its action and act accordingly. According to current momentum, volumes and considering previous high support level at 1.4408 i view it as a potential and likely buy zone. However, its my view only.
+1 Reply
aa2016 Daniel-Malik
Thank you
Reply
Buy limit I trust you ;) but what is the best to
Reply
Daniel-Malik AlajmiFOREX
As i said in chart, please dont enter while consolidation, so only enter after watching priceaction. I dont recommend keeping buy limit orders. Happy trading!
Reply
Ok I will cancel it but when I can take it buy ?
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out