EURCAD going up for next resistant zone
Midterm forecast: While the price is above the support 1.4800, beginning of uptrend is expected. We make sure when the resistance at 1.5360 breaks. If the support at 1.4800 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The descending flag taking shape suggests we will soon see another leg lower. There is a...
Hey folks, We have now entered EURCAD buy based off a 1H 50 Bounce ( first pullback to the 50 EMA after 13/50 cross): Price @ 1.52316 SL @1.52116 TP @1.52516 1/1 RR 1% risk on this position Keep in mind, if price CLOSES BELOW 13 EMA we're going to take a scratch and close the trade! Confluences: - 13/50 cross - 25-50 pip pullback - Market Baseline (yellow...
tp1: 1.5237 tp2: 1.5256 sl: 1.5203
We closed a daily candle above the inverse HS for confirmation. Make sure risk/reward is 2:1 or higher
EUR/CAD has broken the 50 ema and found support on top of it. We can expect the move to continue up higher as long as the 50 EMA holds as support. First TP: 1.5295 Second TP: 1.5345 Third TP: 1.5395
I bought this one because I got everything in this v and a struggling test phase also my stops are very weak. let's see what will happen next. 15min ttf
EURCAD is in uptrend since 29th June and now at good buy level. I am expecting to go price near to 1.53000-1.53500 zone for good risk reward ratio.
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Technical Analysis i) The lows at the end of May kissed the .236 fib level producing a substantially large wick, an indication that the bears are losing momentum. ii) This was followed by a strong Bullish Pin Bar which printed on the .5 fib level suggesting that the May lows (.236 fib level) had a strong potential to be a reversal for the short term. iii) We...
EURCAD Buy Trade: EURCAD Starting to Build An Up Momentum, Suggest Looking For Buy Set-Ups And Entering. Keep In Mind The Incoming CAD News: You Can Play It Safe Buy Waiting For The News
Another Trend Continuation Trade EURCAD ! Looking For An Uptrend Continuation! However, trade with caution, this pair has been eratic of late.
It seems EUR/CAD hovering to it's resistance @1.61243. Also it's breakout's it's current sell positions @ 1.59000. So it's best time to go bullish until price @ 1.61243
It seems EUR/CAD breakout's it's nearby support area price @ 1.59647. From the below analysis, EUR/CAD will go-up with upward channel until price @ 1.60793
Hi guys, this time we're going with the trend and we're not anticipating any kind of reversal. Instead, since we saw a recent break and close above the Previous Resistance Level (pointed out in the chart) we're now looking to ride the trend untill we get to the next reversal point that will come all the way up to 1,5780. So i went on lower timeframes such as the...
This is the analysis shows EUR/CAD retrace back to their buy positions. So now there is a good opportunity to go long until price @ 1.55395