Price is facing bullish pressure from our first support at 1.54953, which is in line with our 100% Fibonacci extension and horizontal swing low support. It could potentially bounce from first support and rise further to our first resistance at 1.55366, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is also worth noting that the...
Hello my friends, For today i saw an inverted HnS pattern on EURCAD pair. This pattern occurs on 2hr tf so it might be a bit small in range but worth to try. We will keep it simple with only price action, you can see price broken above the neckline with a solid candle close above. The candle looks like a bullish pinbar so i think this is a confirmation candle as...
$EURCAD Entry: 1.54675 TP: 1.55050 (37.5 pips) SL: 1.54325 (35 pips) Daily timeframe. Entered this trade at the end of the day on Friday (12/11). This is basically a scalp as far as I'm concerned and hoping the take-profit level will be hit Monday or Tuesday. The risk to reward ratio is not ideal, but I'm liking a few things with this trade. Shooting star close...
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...
Good for 250-300 pips! ... and the Daily
EUR / CAD is in the so-called channel, so even with this pair, the thing is quite clear.
Looking for short term pre weekend close trade
EURCAD ANALYSIS BUY Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
The EURO / CANADIAN DOLLAR pair is moving inside the falling wedge pattern in the long term and the pair is near the upper side of the pattern, while on a 4-hour frame the pair was able to form a smaller descending wedge pattern whose upper side overlaps with the upper side of the larger wedge. Thus, the breakout of the two models and the pivot point 1.5563 is...
EURCAD test again this resistance level and break well. I expect small pullback before grow to test next resistance.
Trading Signal: There is a Trading Signal to Buy in EURCAD Currency Pair. Pullback 1.547 SL 1.5308 TP 1.5585 TP 1.5734 If you liked our ideas, please support us with your likes 👍 and comments.
Trading Signal: There is a Trading Signal to Buy in EURCAD Currency Pair. Pullback 1.547 SL 1.5308 TP 1.5585 TP 1.5734 If you liked our ideas, please support us with your likes 👍 and comments.
Hello my friends, Another setup for December is EURCAD pair. As you can see, it looks like a bullish flag pattern formed on this pair. Price already took down the resistance and currently retesting it as a support. We might see price rotate towards 1.5650-60 area. This bullish flag measured objective are around 270 pips. The next resistance would be at 1.5650...
EURCAD Long Setup Let's try another elliot impulse wave
hi traders, expect price to test the highs of October if it breaks top of structure