Sorry for the background noise I was recording this with a baby in one hand lol, I don't usually cover exotic pairs but just wanted to give an example of my trading style and hopefully give you guys a new perspective or idea when looking for trades. Make sure risk is always capped to a comfortable amount and you trade according to your plan, have a good week guys!!
Looking at 1H TF of this pair, the momentum does not look weak, hence suggesting that price might go into consolidation for a couple of hours before turning back up. and there is a possible trap for buyers so i suggest we stay woke with our SL levels. Here is what am thinking (for Educational Purposes only):- BUY: Between 1.43563 and 1.43200 SL: 1.42901 Target...
the usd cad pair is at its lowest since january 1, 2020. Maybe a buying opportunity in week chart
Is the bearish trend coming to an end? I have no idea, but I do know that: - 1.4300 is a solid S/R area - price has been consolidating in a tight structure since 13 Oct. - the bears made at least 2 major attempts to break below but failed. - we seem to have made a higher low and for now the price action seems restricted to the top half of the structure. Ideally...
TEURCAD | Buy Call EurCad is trading in a parallel upward channel, making HHs and HLs Entry can be taken on HLs with SL on fib level rade Plan Buy on DIP Stoploss 1.43550 TP1 1.143900 TP2 1.144100 Find crypto signals on our profile
*** directional fan shape *** Inside Wyckoff (Accumulation) *** Exceeding the red trend and the Wyckoff wall = 1.45620 then 1.46163 *** Analysis failure = break 1.43999
This is my analysis for the peer EUR/CAD. If the 4h closes above 1.4460, we will go bullish till 1.4570 Hope you will enjoy it!
On the weekly and daily, this pair looks like it is building pressure for a strong move up. Wait and see if price goes that way first before entering a long position.
EURCAD after being in downtrend, now moving sideways. It has the potential to go upward or continue downward journey Two Plans: Plan 1: Buy above: 1.44665 (must close) SL: 1.42935 TP: 1.46036 Plan 2: Sell below: 1.42935 SL: 1.44665 TP: 1.40731 Check Forex Signals on profile Check Crypto Signals on profile
Keeping an eye on this one. Set your alerts and be patient for the price action to play out. Good Luck!
EurCad is in a downtrend for 15 months now, with the price dropping 1700 pips, from 1.6 to 1.43. At the beginning of October, the pair has made an important break under 1.46 support and dropped pretty fast to the up-mentioned low. At this moment looks like EurCad is preparing to test the new 1.46 resistance for confirmation and traders can look to buy dips against...
hello traders I only try to identify patterns for all to make something of it. Here we can see EurCad is in a diamond reversal pattern. As it has been selling for some months now and due for a bull run. There is high probabilty price could possibly shoot up this week. As the pattern is very almost complete. This is a buy opportunity and stop loss just under the...
EURCAD - how a long opportunity was created We look for the facts what will reinforce our position. This is what we know has happened with EURCAD that supports our case to go long: 1. EURCAD broken a long standing trend line (purple line - dating back to 2012). 2. It is at the bottom of a long lasting range. It has been ranging since 2015. Also it is at the...
📈 EUR/CAD | Potential Upward Movement 💡 Buy Limit Order @ 1.43874 🎯 Target Profit 1.44400 🛑 Stop Loss 1.43613 ❌ Do not risk more than 1% of your account on each trade Description: The market succeeded to break the triangle to the upside showing that the buyers are in clear control of the market. A lower correction could be seen before a new impulsive wave...
long position sur le prix de pair Eurcad le chart montre tous
EURCAD looks like it might want to grab the double top highs before moving down again. We can see confirmation with BOS to the left, imbalance to be filled and looking at other EUR pairs such as EURAUD. Wait for the trigger and candle confirmation in LTF in our OB.