I tried to make everything self explanatory in the chart
Hello. If the pullback is completed and the price is returned, you can buy with 2 targets
In this update we review the recent price action in the EURCAD and identify the next high probability trading opportunities
This is my idea on EURCAD Expecting price to fall to 1.43620 What do you guys think?
This is my idea on EURCAD Expecting price to fall from resistance 1.45897, to support zone 1.44598 What do you guys think?
After a false break under 1.43 support, EurCad reversed strongly on Friday, putting in an immense bullish engulfing on our chart, which engulfs almost 2 months of trading. 1.4450 provides support now and dips towards that zone should be bought. Bulls target can be 1.5 zone resistance and only EurCad under 1.43 would negate this scenario
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hi fellow traders, EURCAD will be ready to sell from the blue box area as the correction is completing. Goodluck!
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...
Hello traders, EURCAD has formed a double top on a weekly resistance with a bearish engulfing pattern. It is highly likely that this instrument will move down from here to continue its downtrend.
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 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...
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...
This is my idea on EURCAD pair. What do you guys think?
Forming inverted hns . Expected to break and retest for a bullish move.
we're waiting this pair to close a momentum candle over our last touch of the descending channel so we can take a buy position if anyone have a comment on my analysis please share it Good luck
Hi there, EURCAD broke the bearish flag on Monthly timeframe, big bearish signal. As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well. Wait for the price to retest the broken bearish flag, then short it from there to the targets mentioned in...