FX:EURCAD   Euro Fx/Canadian Dollar
In daily, bullish pin bar formed at previous resistance, now acting as support.
BUT:
1) overall master trend is still down.
2) in weekly, two bearish tailed pins rejecting the down trend line .
Should work nicely.
Reply
IvanLabrie PRO IvanLabrie
It might not fall to hit your buy level in my opinion though. You'd need to market buy probably, but we'll see.

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If it falls lower I'll add (I'm already in).
Reply
Casey_Yeo IvanLabrie
have my reason for not buying at market. may miss the trade. good luck.
+1 Reply
Of course, you can follow your plan, just sharing my target and my own plan.
What do you think of euraud?
Reply
Casey_Yeo IvanLabrie
waiting for buy signal around 1.4400-1.4450.
+2 Reply
itaskar Casey_Yeo
I guess this numbers are not correct, or?
Reply
That's below my stop loss. Interesting.
Reply
itaskar IvanLabrie
thats above your tp :)
Reply
I asked: "What do you think of euraud?"
+1 Reply
itaskar IvanLabrie
ah so, of course, my bad didnt noticed it..looks to be good level imo as well
snapshot
+2 Reply
TahirAli Casey_Yeo
I am thinking totally the opposite,buy it here and sell it around those numbers when it reaches the resistance.
Reply
Very good analysis.Thanks for showing a trade opportunity.
Reply
Casey_Yeo TahirAli
You are welcome.
Reply
Very nice.
Pin bar formed on
1) previous confirmed inverse H&S neckline.
2) 20SMA D1
3) 38.2% of the move from 17 apr to 4 june. (38.2% is a good take profit level for those who shorted at the high 4 june pin bar.
4) 1.3800 pysch number rejection.

But im not trading this, looking to buy at lower prices or sell at higher prices.
snapshot
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