empty
InstaForex
Thank you for visiting www.instaforex.com
Unfortunately, the content of this website does not comply with the legislation of the country you are located in. Residents of the European Union can use services of the EU-regulated company at www.instaforex.eu
Kindly specify how you would like to proceed
View Content Anyway
I acknowledge that the content of this website is not intended to be promoted to EU residents and that in registering an account with instaforex.com, I will not be covered by EU regulations. I wish to proceed anyway.
View Compliant Сontent
I'd like to view the content of www.instaforex.eu that complies with the EU legislation.
30.01.2023 09:51 AM
EURCAD Potential for Bearish Drop towards previous swing low

This image is no longer relevant

Description :

Looking at the H4 chart, my overall bias for EURUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market structure. Looking for a pullback sell entry at 1.45202, where the overlap resistance and 38.2% Fibonacci line is. Stop loss will be at 1.46439, where the recent swing high is. Take profit will be at 1.42354, where the previous swing low was.

Trading Recommendation

Entry: 1.45202

Reason for Entry: Overlap resistance and 38.2% Fibonacci line

Take Profit: 1.42354

Reason for Take Profit:

Previous swing low

Stop Loss: 1.46439

Reason for Stop Loss:

Recent swing high

Dean Leo,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Dean Leo
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback