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...
Waiting for confirmation candle on the SR for short trade
We closed a daily candle above the inverse HS for confirmation. Make sure risk/reward is 2:1 or higher
strong resistance above going short Sell @ 1.5135 TP @ 1.4805 +340 pips SL @ 1.5219 -72 pips
i am long on eurcad for 2 taget first 1.5260 and secon 1.5290 i will go in 2x 1lot in case if not go 1.5290 first lot will be cut at1.5260 and the second will made a SL at the entry point for secure loss and benefit
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.
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...
Selling EURCAD at CMP or after a minor pullback based on price action and indicator signal.
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 is on bearish trend. It's hovering around it's resistance price @ 1.54102. this is the best time go sell until price @ 1.54102
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
OANDA:EURCAD SELL Hello traders here we have strong demand zone and possible double top pattern so i sell from here, targets on the chart
Here from the analysis EUR/CAD hovering around it's support price @ 1.59319. Currently there are two possibilities, 1). The price will break the support and it will brearish until price @ 1.57642 2). If the price retraces after reaching support price then there is a good bullish chance until price @ 1.61458.
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
with this NAFTA and Tariff outta way and EC outta the wedge..this one has the potential to go back all the way to 1.55
i short eurcad because he is much overbought and also cad underperform so much