Technical analysis EURCAD for 04.03.2022

04.03.2022 10:55
Внутридневный
Технический

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.3965. The closest resistance is the level 1.4025

Key levels

  • 1.4305, 1.4225, 1.4145, 1.4095, 1.4025, 1.3965, 1.3885, 1.3775

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.4025, with Take Profit of 1.4095 and Stop Loss of 1.3965

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.3965, with Take Profit of 1.3885 and Stop Loss of 1.4025
Сценарии
Рекомендации
BUY STOP

Точка входа
1.4025

Взять прибыль
1.4095

Stop Loss
1.3965

Ключевые уровни
1.4305, 1.4225, 1.4145, 1.4095, 1.4025, 1.3965, 1.3885, 1.3775
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
1.3965

Взять прибыль
1.3885

Stop Loss
1.4025