forexopl
Long

EURCAD - Long Target +2,500 Pips - Weekly

FX:EURCAD   Euro / Canadian Dollar
49 0 0
Before I begin my analysis, let me emphasis this is a long term play. I am seeing some good confluence setup on EUR/CAD weekly chart. The EUR has been bullish since summer of 2013, against the CAD. Recently, it has made a retracement of 50% of its move (C). At C, we are seeing consolidation, which means Smart Money is loading up at these prices before it moves back up to D; which sees many confluences (outlined on the chart). I will post a daily setup as well, on how to scale into this trade and actively manage positions.
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