SN_Doumet
Short

EURCAD - MY MOST CREATIVE CHART YET - MORE DOWNSIDE EXPECTED

FX:EURCAD   Euro / Kanadischer Dollar
As stated on the title this happens to be the most creative I've gotten with a chart, yet it covers one single but very important aspect which is Market Psychology. Market Psychology is key to understanding financial markets and we can see it unfold with this chart analysis. We can clearly see all the stages labeled out during the uptrend and what is now happening during the downtrend, and all these stages can be characterized by market psychology one way or another. I expect the pair to carry on with the downtrend all the way down to the 1.38xx - 1.39xx levels. The light blue colored zones are potential Demand zones. I know you shouldn't be using them as targets until they actually close in those areas, but there is evidence that makes me believe it will reach down to both of them.

Trade safe and implement your own due diligence before entering a trade.
Kommentar: Could potentially go for one more small move up before coming down
snapshot
Kommentar: a small update...the bias still remains bearish although I would reconsider my initial targets
snapshot
Kommentar:
snapshot


although it hit my stop initially the bias still remains bearish
great chart!
Antworten
SN_Doumet PRO RealProfits
@RealProfits, appreciate it :)
Antworten
hi,
yes, you create a nice chart... but just for the case here an alternative...

snapshot

Antworten
NeverNO NeverNO
@NeverNO,

white a b c now correct

:-)
Antworten
NeverNO NeverNO
Antworten
@NeverNO, appreciate the feedback. Interesting view
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden