EURCAD – Sellers on the way to golden profits

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EURCAD – Sellers on the way to golden profits

Trend: Strong Sell

Support/Resistance:

R3: 1.46902

R2: 1.46163

R1: 1.45879

S1: 1.45296

S2: 1.44993

S3: 1.44565

Price action:

The market flow showing us changing to sell side. Sell side is recently not proved perfectly yet, but holding below R1 is a good sign to sellers continuation for this currency pair.

Potencial trade idea:

Bulls targets:

T1: 1.46902

Bears targets:

T1: 1.45296

T2: 1.44993

T3: 1.44565

NOTE – We are trading EURCAD via the preferred trading setups

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Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education

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