Time for some EURCAD sell, if this level is broker wait for a retest and go for a buy, also do not forget to move your stop loss to profit when in profit.
Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view. We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free) Never Trade alone we really hope you enjoy All trade.. Disclaimer: the content on this analysis...
EURCAD has pushed relentlessly north for the last 15 hours and we have overbought conditions on several time frames. WR1 is now in striking distance. This will be an irresistible target for EUR BULLS and its likely the BEARS will stand aside ready to pounce when the price hits WR1. This is a nice setup as SELLERS will avoid the market until this level is...
the first pattern "DIAMOND" the second one head and shoulder and also breakout trend line . MAZ
MONTHLY> Head And Shoulder H4> Breakout The Triangle >Its Just My Idea< MAZ
EURUCAD approaching support at 1.51476 where it could potentially rise further to 1.54715. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCAD M30 -RANG BREAK OUT -WAIT FOR RETRACE -NEED CANDLE CONFIRMATION =SELL SIGNAL
EURCAD bounced off 1.51562 where it could potentially rise further to 1.54883. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
As we can see a break out from the rising wedge, we're taking a short position from a potential retest (pullback) of the rising wedge pattern Like if you agree with me ;) Educational purpose only
Eurcad broke the strong support line on 1D and 4H time frame. we can open sell entry from this level. write your views in comment section.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
CAD had a strong week after the news, today is the last day of the news and I believe that is going to finish strong.
EURCAD expected to rise up to 1st resistance at 1.54729 where it could potentially react off and drop down to 1st support at 1.51680. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
* 50% for all predicting. - Risk: 0.5%. - R/R: 1:1. - Data backtest: maximum from Tradingview. - Good luck.