Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
Plan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Price is currently at a point of support where we may see price push bullish to meet our target level. Divergence is evident. Do not risk more than 2% of your equity
BUY @1.53249 STOP LOSS @1.50540 TAKE PROFIT @1.53243 TRAIL @1.51895
Use arrows as entry points..over all bias is bull..trade smart..be BLESSED
Something nice setting up here depending on break area and candle formation at the zone.
Looking at the weekly timeframe we see after pushing to the upside and closing back above 1.5060, EURCAD has been holding at this zone for weeks. Last week EURCAD had a strong bullish rally back up to 1.538 before falling back down to 1.5060. If structure can hold at this zone we can look for price to push back to the upside, retesting the 1.5532 zone. If you...
The Canadian Dollar thought it was best to play hero,will the Loonie conquer the 1.51775 level? Stay tuned,The market shall tell the tale.
It is observed EURCAD as formed triangle pattern on daily chart and crab on 4hr chart. I see a possible up move.
Please Follow My profil to get the forex ideas>> @PublicSquareFX EURCAD
Depending on your risk profile, may want to wait for more evidence of a solid run up, then enter.
If we got breakout of the trendline, we would long the pair. There is a great chance, that price will behave the way we expect.
an oppurtunity to buy Eurcad at low risk with high reward Do not forget risk maangement and do proper position sizing before pulling the trigger. If you find this idea useful, kindly like and Follow
Eurcad as completed the correction pattern, the bullish trend resumes. If you find this analysis helpful kindly like and follow. Thank you