EURCAD Looking very interesting. EC pushed to the upside made a new high then melted back to the downside. I feel we are going to come down further but it is going to be key to wait patiently for a pullback so we can secure a clean entry. Keep in mind that we are still in an uptrend so we need to be cautious.
This trade has given us multiple confirmations for the sell including: EURCAD: Divergence on 4Hr StopHunt on 4Hr Indexes: EXY(Euro Index)Showing Signs Of Weakness CXY(Canadian Dollar Index)Showing Signs Of Strength Use Proper Risk Management ALL GLORY BE TO THE MOST HIGH!!!
1:2 Risk reward. 50:100 Setup is invalid only AFTER an H4 candle closes above risk zone.
Pink = Important Daily Level, Approached it with some major resistance in the past. Blue = Trend line to be broken. Enjoy.
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 1.46226 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
I don't usually spend time on complex corrections, but this might be a good opportunity to sell. Good luck, Fibz
Hello traders! This is a short taken with a sell stop around the 1.45700 area. The red circle is the stop zone and you can see target 1 and 2 in the green circles below. The 1st target is roughly 15 pips and 2nd is around 30 pips. Best, Jay
EURCAD bounced off 1.45553 where it could potentially rise further to 1.46122. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello traders! With this trade, we want to grab 40 pips between lines B and C. If you look a the circle on the chart you can see price never reached line A, so the build up needed to push the T2 level all the way to line C never happened. If you were in the T2 trade, you would still be in it now cause the stop loss was not hit. These trades can be taken with a...
EURCAD bounced off 1.46690 where it could potentially rise further to 1.45913. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Could be a nice selling opportunity on the horizon Will be looking for a set up then looking to go short down to the lows. Any questions feel free to ask
EURCAD SELL ENTRY 1 1.45410 ENTRY 1 1.45360 sl 1.45600 Tp.1 1.44800 TP.2 1.44580 TP.3 1.44300
EURCAD bounced off 1.45142 where it could potentially rise further to 1.45661. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCAD is expected to drop to 1st support at 1.45085 where it could potentially react off and up to 1st resistance at 1.45655. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
EURCAD is following a down trend. Waiting for breakout the minor trend line. If break the trend line then we can take short position.