Since my last publication on this pair, the price moved over 350pips in our direction before the retracement began ( see link below for reference purposes). And I expect the retracement to culminate at a level between 50 and 78.6% before the rally continues hence my previous bias still holds (see link below for reference purposes). Tendency: Uptrend...
Was away and missed the better entry. 4 positions open, less than 0.25% for each one. 3 TP's given, one will run in case this turns into more. Risk free after TP 1.
A nice low risk high reward trade of 1 200 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. CAD hike expectations by the markets are over priced so we will se some unwinding. we expect the market to start the impulse upwards.
The channel formed in the h1 graph becomes active with its output. The target is indicated on the chart.
EURAUD BUY SCENARIO Price has retraced into an area with daily bullish orderblock & hence we expect to see price rally taking the high above, More than 200 pips is expected to be taken. comment below if you are interested
I'll be expecting this pair to long towards 1.50200 as price has reached the neck of the double-bottom. In addition, the second bottom of the double-bottom is a third test of the major support level which started in Feb 2020, which rejected price all the way to 1.59963 (17,305 points).
EURCAD long .. Channel brreak out . Weekly support tested and revert back
Please check out this - Trap for delete SL done - Now - Be back for the SELLER Also VOL is big as to HEVEN - So someone wana on board
I have uploaded the EURUSD Elliott projection on 4th January 2022. The price had started creating the last leg, and I had mentioned two scenarios. Click Here to read the Previous article: Article 1 : EURCAD: Sentiments are short-term bearish, but Result - Price has reached all the bearish targets by creating the low of 1.4100. After creating a new lower...
EURCAD has been in good momentum after giving a breakout, current price is standing at important level which is horizontal support and fib 0.5 level. Two possibilities can happen from here; a) Buy on dip is suggested and enter when you get bullish sign. b) Buy on breakout if it manages to break above horizontal area, Trade your levels accordingly.
Black Mountain Analysis Team: Possible EURCAD scenario - Volumetric resistance range - The resistance line of the cannons - Harmonic pattern that can be shown by finding PRZs. This analysis can lose its validity by breaking the resistance zones. Be careful that it can be entered after the start of the downtrend (wait) _Trade with Trend_
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4358). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4358). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
EURCAD 1.4100 STOP LOSS target 1.44 and Beyond...!!
EURCAD in my opinion is long for a long term but to 15 mins and 30 mins even 5mins timeframes it could drop further down then for a swing trade it could go a lot higher with trading you need a lot of patience its 99.9% patience. It is always better to wait and buy at the lows with smaller stop losses than take a position at the CMP (current market price) with a...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions