20 reason for sell EURCAD

35
Update 3/09/2022

1 Structure 12: bearISH
2 imbalances : target marked
3 Current Move1/2 : impulse
4 Entry TF : h1
4.1 ETF Structure: bear
4.2 move : impulse
5 Support Resistance: Ob resistance
6 FIB: trigger event retracement excepted (fib advance)
7 candle Pattern: rising momentum (ADVANCE CANDLE STICKS CONCEPTS)
8 Chart Pattern: ll hl
9 Volume : dried (VAS)
10 Momentum: below 40 (RSI UNCONVENTIONAL USES)
11 Volatility : walking on the band start (BOLLINGER BAND ADVANCE CONCEPTS)
12 strength: strong start (ADX)
13 Sentiment : euro is much weaker RATE OF CHANGE
14 Final Summary: two entries 1st enter sell at market open 2nd retracement at marked level both for sell
15Buy /Sell/Wait : wait/sell
16 Entry: 1.3119
17 Sl:1.3140
18 Tp:1.2653
19 Risk to reward Ratio: 1:16
20 Excepted Duration :8

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