EURCAD bearish in Daily timeframe
Comment:
EURCAD Daily timeframe shows downtrend by Ichimoku confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market could retrace soon as Kumo is very thin and market is at the previous support level. Better wait for the breakout to look for a selling edge.
EURCAD Daily timeframe shows downtrend by Ichimoku confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market could retrace soon as Kumo is very thin and market is at the previous support level. Better wait for the breakout to look for a selling edge.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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