IvanLabrie
Long

EURCAD: Support at the Brexit daily low

FX:EURCAD   Euro Fx/Canadian Dollar
EURCAD             has found support at the lows of the day corresponding to the Brexit vote, so it's logical to expect a rally from here, back to the top of that day's range, which also nicely matches the highest volume zone, and the low of the Trump election day. This is a very critical zone, so, look to exit longs there and leave this pair be. We're better off shorting the Euro             against the dollar once it tops.

Cheers,

Ivan Labrie.
Trade closed manually: EURUSD retraced violently, makes me think the rally is a short in it, CAD and oil gaining strength don't bode well for this trade, better exit for now.
I Agree...
+1 Reply
@render, good luck then!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out