EURCAD To open SHORT positions for EURCAD , it is required: Signal has been confirmed, taking a short here. Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and...
EURCAD is on the upward trend line since February 2017. Additionally, the indicator is showing a reverse bullish divergence.
If it is indeed a normal flat correction, legs a and b have already been completed and we'll be looking to catch the final leg, leg c of the sequence. Pair is showing signs of weakness at the top as well as bearish divergence on the Daily timeframe. My personal details: Short @ Entry: 1.5340, SL: 1.5440, TP: 1.4820, RR: 5.2 For risk and money management...
EUR/CAD has been trading in an ascending channel since early January. The currency exchange rate has formed a new high during this period. The bull movement was temporarily stopped by the weekly R1 at 1.5417 and retraces south for a brief period of time. The pair is likely to breach the dotted line and move further south. Regarding the short-term, the pair...
Just entered this tade, even though it doesn't have a good profit/loss ratio. Again yellow shaded area may have some resistance to the price but with the major announcements tonight, the price may probably goes up.
watching for a break of the CTL for potential longs, a break of the channel & support to the downside I will look for shorts
The strength of bear is still pretty strong. It is currently too late to short but it is still early to long 1.515 zone will be easily reachable. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should...
i feel this pair has just finished its corrective wave whilst pinging off the 38.2 fib. higher highs expected for a nice trade
Two simple order buy stop and a sell stop to trade today. Good ratio risk/reward. In these trades after one order will be hit, we are moving our SL to BE (break even) after two candles.
Watch for possible breakdown
EURCAD, will it respect the trendline and support, we will see.
Currency Pair: EUR.CAD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Long Live EUR.CAD updates will be available in the comments section below. The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted...