Today I suggest you an interesting trading opportunity on EURCAD. We are near an important static level and short dynamic level... so it's interesting to open a short position! Great risk reward, but I suggest to place stop loss at a high level, given the volatility of this currency.
Buy after price break the wedge and retest. stop below previous low. two targets on chart
scalp for 34 pips not look i target 2..*it dependt of the move the target is just the TARGET 1 if get violent pullback then i will go on target 2 but with a SL on a target 1
CURRENCY PAIR: EURCAD ; Time Frame: 1D - 4H; SHORT OPPORTUNITY. R/R Ratio : 3.0 Retest broken trendline + support line.
A potential bullish butterfly pattern is completing with a completed head&shoulders pattern reacting. Nice R:R at 2.2 (TP1) and 3.8 (TP2). Good luck.
1.48 is long time support zone and good p/l ratio . buy :1.48 stop:1.4740 target:1.4890-1.49 be careful and good luck
The trend changed We have 61.8 of Fibonacci The price thouch the trend line long and if the signal will be confirm ....... may be the price will go up until the trend line short . Maybe? Yes or No ? I want listen . By Ulisse 010
EURCAD weekly demand zone long D1 fresh demand nested within the Weekly demand zone LONG
Price getting close to reaching its ascending trendline, & is approaching a strong level or support. Will be see a break or bounce?! I'm anticipating a bounce.. but time will tell
I see a deep gartley and a butterfly pattern forming on top of strong structure
Those are the next great supply and demand levels for long and Swing term positions, the supply above us is a great level of swing term, If the price retrace this level before hit the demand below, I'll sell there, My target will be the demand below, this demand also a great level of long-term Buy position, I'll buy at this demand, and my target is 1.5500 zone.
EURCAD we see that the price made a movement to the upside and then a good retrecement, price broke to the 50% Fib Level and we are risking 30 pips that it will break to the 61.8% level, with 120 pips gain. EURCAD vemos que el precio a hecho un movimiento a la alza y de ahi en bello retroceso, el precio rompio al nivel 50% de fibonacci y estamos arriesgando como...
Finally break through the boring side range for several weeks. No support is found till target. Good luck.
Bullish Engulfing candle shows rejection at support at 1.50 with a triple bottom, recommending a buy back up to 1.535 as buyers are reentering this pair Risk Reward 1:2.5
Maintaining bullish structure and break of the CTL and retest with good rejection at the fib level gives good risk and reward opportunity for this pair.
Previous resistance becomes support and 0.618 fib has been tested on the daily time frame. great opportunity to stay long on EURCAD.