Eur/CAD hit important low (pivot point) of 1.53500 and has had straight bullish momentum also following the past trend line we can hope to see it follow the pattern of hitting the trend line at around 1.55500. it has already hit the support of 1.55000 had false bearish momentum and pulled back above further showing momentum to hit the trend line. once hitting the...
A break in EURCAD showed the strength of EUR against commodity currencies! The downward movement in EURCAD of H4 is broken. The impulse rise allows the price to continue to 1.5557, and subsequently to reach 1.5630. A break of the previous peak will be considered to confirm an upward trend. This can be used to enter or add to an existing position. To support...
EURCAD - Buy - Daily Chart Buy @ a Pull back to 1.53546 or a Break of the 1.541581 level Stop Loss @ 1.52951 for Break of the 1.541581 level Stop Loss @ 1.52572 for a Pull back to 1.53546 Take Profit @ 1.56614 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading...
EURCAD reaching 50% retracement level with confluence, nice long opportunity with good RRR
EURCAD buy TP @1.56701, SL @1.54793 Reward +149.0, Risk -41.3.
Hello Traders! here is the full UPDATED Analysis / Breakdown for EURCAD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2 .Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more...
EURCAD ready to bounce up after a period of consolidation, promising trade with high RRR
After a very short-lived dive under 1.5450 support, EurCad has recovered quickly and reached 1.56 resistance. In the last 4 trading days the pair traded in 100 pips range between 1.55 and 1.56 and I believe this range will be broken to the upside. Buy dips is my strategy for this pair with a soft target at 1.5650 and a medium-term target at 1.57 resistance
In this technical analysis. I want to make a explain why Euro/Canadian Dollar is goes to up!!! So guys, as today we see a good short positon in EUR/AUD, so I ignore my short positon for believe more in H1, so as learningedge, I learn that the H4 timeframe, each group candlestick is a key to look what the trend make, specially in Daily when is talking o pull back...
Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday >>>>>>>>> EURCAD H1-Bullish trend H4- 200 EMA resistance and short term bearish correction Day-Sideways movement Weekly-Bullish flag is forming <<<<<<<<< Its a forecast of the upcoming expected market move-Its not a financial advice
I am in a long position EURCAD. A divergence identified at the reversal of the level of structure, with a break of the downtrend giving a good signal for entry. 50% @ T1 is 1:1, and 50% @ T2 is 1:2.5