Technician
Long

EURCAD Resuming Bullish Trend? #forex

FX:EURCAD   Euro / Canadian Dollar
2560 16 55
Hello friends,
I have been absent in the past month from tradingview, as i had a very busy life and personal stuff. I am happy to be back and hope this will be a persistent             comeback.

Due to my absence, i couldn't publish this view.. However, late is better then never.

We have seen a retest of the main support area among 1.4640-1.4600, however the price found demand bouncing higher again. A bullish hammer formed at that support, meantime, Stochastic was in oversold area and that comes within the context of the bullish trend that started from April low around 1.3000.

I am looking for further upside , targets and stop shown on chart.

My Best Regards
Technician
Subscribe to my trading portal http://thefxchannel.com
Trade active
Comment: Testing 1.49 level which is a resistance, if it breaks first target should be in hands..
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Could have a bullish bat here on 1H
Reply
Cryptoelite Cryptoelite
Reply
marcus123 Cryptoelite
that was a nice trade of the bat!
Reply
yep - i got chicken shit and got stopped at scratch. I'm eyeing a bigger move on this pair and waiting for the trend to develop as I'm not liking how choppy this is atm
this trend continuation is what I'm anticipating
Reply
Another not so minted demi legend just posted a short at your first target. There's nothing like watching two opposite views play out :)
Reply
There is a Canadian election on Monday so anything can happen.
+1 Reply
I believe there is still a bit of downside momentum due.

+2 Reply
Technician VijaySanghishetty
It could be the case, if we break that support, i will look to reverse and target 1.4160
Reply
marcus123 Technician
sounds like good trade management there...
Reply
Welcome back!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out