Hey traders, in this week we are monitoring EURCD for a selling opportunity around 1.362 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Last week, we predicted that EURCAD would likely test the 1.36300 level. Price made exactly the same move and currently, it's testing that level, the border of the descendin channel. We expect the price to drop to at least 1.35600 levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Bearish trend continuation confluence trade on the EURCAD 4H. 1. Overall bearish trend 2. 3x trendline touches 3. Retracement to the 50% level from the most recent swing (not closed above) 4. At previous structure swap zone 5. Entry on bearish pin bar (aggressive) Entry: 1.35429 Stop loss: 1.36152 Take profit: 1.34001 Risk/Reward: 1/1.98
02 August 2021 original position was taken, target smashed. This is masterclass trading and i can not elaborate much, i just want to share and say thanks for supporting me. stay forever STUCKINPROFIT
I was looking forward for any kind pattern to form after testing this strong trend line. Its seems like gartley bearish. I am looking forward to go short after the price action confirmation. Good luck All
- EUR/CAD is trending towards the downside on multiple time frames. - The daily is currently forming a bearish engulfing candlestick pattern, suggesting bearish power in the market. - We also have a recent H1 bearish engulfing candle closure bouncing off MA'20. H4 closure to confirm my entry. - The trade has the potential to reach at least 80 pips in profit, so...
Considering the long term bearish momentum coupled with a reversal set-up on the 1H time frame; It is advisable that we look out for selling opportunities at this juncture in the market. So with a key level identified at 1.355, we shall be using this level as a yardstick for our position. Risk Disclaimer: Margin trading in the foreign exchange market (including...
Double top on M15 with divergence Harmonic pattern on M15 With the H4 and D1 trend 1st Target is 1.3458
After a break of structure, or an extended price movement price might naturally pullback sometime. But how do we know when. That is up to the trader to determmine. Here i am look to short it at two different levels
The price is in the supply zone and I expect a small bearish move. Also, the price is moving in a bearish channel.
Hey traders, in the coming week we are monitoring EURCAD for a selling opportunity around 1.356 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
A break and retest of structure, and as we see the price is below 200EMA appointing a downtrend, a good rejection may lead to a short, stops above the marked zone and TP to a down Daily Zone in blue
Entry 8:15 pm Weekly: dt, under 50 ma Daily: downtrend, rejecting 3.75000 resistance zone 4hr: downtrend, next bearish 4hr close would be ultimate pa conf. 1hr: lower high formed, respecting 50 ema Fibonacci setup 15 min entry
We see a break and retest of the zone, I think we can sell with stops above the zone.
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FX:EURCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
EURCAD has been trading in bearish paralllel channel with trend looks fadding away now. Currently price is at the strong support zone, which has been reached in the past as well. We are expecting bullish reaction from here and the risk reward favors the bullish position here. Trade your levels accordingly.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions