On the EUR.CAD Daily chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.4220 & 1.4308 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
Hi guys, as I mentioned in my market barometer updates, the EURCAD is my pick today. The EUR is weak and the CAD is strong. Combine that with some other factors: recent drop below uptrend support, consistence diminishing pattern on X Meter & my trend signal confirmation; I am short @ 1.41739. My stop and target are posted on the chart. We got some news to...
Sell Entry Point: 1.43 Target: 1.421 Waiting for the announcements to come at 3:30pm EST.
Crab Pattern B : 0.382 - .618 C : 0.382 - 0.886 D : 1.618 of XA D : 2.618 : 3.618 (2.24 /2.618/3.140/3.618) D : AB=CD* 1.618/1.27 not critical
price is in the zone. i'll use bearsih butterfly strategy to short
Hi guys, earlier today i've posted another idea about this pair, but the scenario is now changed. As you can see price broke through the previous support and it's now sitting right into previous resistance (that should also provide some selling pressure). In this resistance zone we also have some confluence: a bat pattern (just completed), a psychological round...
Hi guys, earlier today i've posted another idea about this pair, but the scenario is now changed. As you can see price broke through the previous support and it's now sitting right into previous resistance (that should also provide some selling pressure). In this resistance zone we also have some confluence: a bat pattern (just completed), a psychological round...
Hey guys, some simple price action analysis here. On the daily timeframe price is going to retest previous support that once broken should become resistance. On the lower timeframe (4h) we can see some different clues pointing in the same direction: first, a butterfly pattern that's completing very close to the structure (black line), second, a .618 and a .382...
Hey guys, some simple price action analysis here. On the daily timeframe price is going to retest previous support that once broken should become resistance. On the lower timeframe (4h) we can see some different clues pointing in the same direction: first, a butterfly pattern that's completing very close to the structure (black line), second, a .618 and a .382...
EURCAD is down trend and I think this is a good opportunity for a short term trade. Good Luck. #TradeAtYourOwnRisk
On the EUR.CAD 15min chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.3890 & 1.3914 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
We have a simple short cypher pattern set up on the EURCAD 1H time frame. There is much to this one set your targets at the 38.2% Fibonacci retracement and your follow on targets where ever they are supposed to go. Get your stops above the X point by a few pips.
Hi traders, EURCAD appears to be doing a pullback after a downward breakout from a triangle. This opens the possibility for a short position. Selling range: 1.3920 - 1.3940 Target Price: 1.379 Stop Loss: 1.397
eur/cad short Daily momentum down 4H strong support level break re-test (resistance now) Pin bar + closing below = momentum advance Short scalp for 1:1 Closing the position for less than 1% loss if we see break to the upside. Overall 1:1.5
The EUR.CAD is one pair on my watchlist into Monday / Tuesday. Price breaking below a consolidation period dating back to the 9th Decemeber 2016. If it meets my rules to do so i will be taking this pair short expecting a retest of the Daily trendline dating back to the 16th August 2012