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Sunday, August 30, 2020

EURCAD D1: C&H TP BULLS +500/+750// BUY DIPS

EURCAD D1: C&H TP BULLS +500/+750// BUY DIPS

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EURCAD D1: C&H TP BULLS +500/+750// BUY DIPS
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


๐Ÿ”ธ Summary and potential trade setup
::: EURCAD daily chart review and outlook
::: pullback right now / BUY DIPS SOON
::: Bullish cup and handle setup in progress
::: Strong chart overall, expecting mild pullback
::: 5920/5940 was heavy resistance
::: heavy support at 5520/60
::: Recommended strategy: BUY after pullback
::: near 5520/60 SL 80 pips TP1 +500 TP2 +750
::: SWING TRADE setup / do not expect fast/easy
::: overnight gains in here
::: BUY/HOLD IT and get paid later
::: please mind the swap rates at your broker
::: good luck traders
๐Ÿ”ธ Supply/Demand Zones
::: N/A
::: N/A
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS/PRZ



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