Tendorian

EURCAD Forecast January 23-27

Long
Tendorian Updated   
FX:EURCAD   Euro / Canadian Dollar
2
Still long, buy on pullbacks to supports.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Comment:
Tuesday

There was a mistake in my SR lines for this pair. We are currently rangebound, wait for break of either support or resistance first.

Comment:
Wednesday

Still rangebound with a slight bearish bias.

Comment:
Thursday

Price got stuck between 2 SR lines, wait for a break of either direction, but preferring bearish moves.

Comment:
Friday

Look for price to reach that 1.3905 support zone.

Comment:
Monday January 30

If price rallies today we will get a bullish signal.


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