this will target in the next 10 days take it now and wait
Bullish Indicators: 1) Double bottom 2) Support at 1.43192 Bearish Indicators: 1) LH LL 2) Downward Trend 3) Resistance zone at 1.44406 and the upward trendline. Plan A: After making double bottom one can take a long position from here or on the breaking of upward trendline for the target of 1.46223 Plan B: On the failure of breaking of upward trendline and...
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...
This is my idea on EURCAD Pair. Harmonic Patterns: Gartley What dou you guys think?
EURO - Weak Bearish 1️⃣ In an ECB forum, ECB President Christine Lagarde noted that there are no signs of a recent widespread price hike in the economy, while promising that the ECB will be patient before undertaking policy tightening. 2️⃣ Eurozone Sentix Investor Confidence declined to 16.9 in October, from 19.6 in the previous month. 3️⃣ Eurozone retail sales in...
Bullish indicators: 1) Trading near major support area of 1.46100 2) Bullish Harami candle 3) Falling wedge Bearish Indicators: 1) LL LH 2) Currently trading in downward trend Plan A: On the bounce from the support area one can buy for the target 1.47733 first and then for the 1.48075. Plan B: On the breaking of trendline and support one can sell for the...
Bullish indicators: 1) Trading near Support at 1.07492 2) Fib retracement level 78.60% 3) Falling wedge Bearish Indicators: 1) LL LH 2) Currently trading in downward trend Plan A: On the bounce from the support area one can buy for the target 1.08320 first and then towards 1.80620. Plan B: On the breaking of trendline one can sell for the target of 1.06983...
EURCAD had a nice sell on Friday, no signs of retracement yet. Want to see what price does when it get to the small support to make a double bottom. This is where patience pays off. Once we hit full TP we will watch for a break or bounce
EURCAD, waiting for a retest of the support price broke out of Friday. Once we get our retest as resistance we can go short to the double bottom of 1.45830
eur has a lot off problems and cad is nice situation and technical is show to us this ideae
FX:EURCAD Hello traders; Here's my outlook on EURCAD- We see price-breaking LL indicating a bearish trend and as such, we expect for price to make a successful retrace which will end at the OB before the bullish impulsive move which was initiated by smart money. Once price hits this OB (blue rectangle zone) we expect to see a more impulsive bearish pull to the...
EURCAD Short Setup 👉🏻 Price did not break the previous high, in fact formed a lower high. Possible Wave-2 here is made up of a complex 3 waves' move.
last day price make an large uptrend channel and it’s already broke with retest, but wee still didn’t know where price will go, but my personal opinion i will going short in this pairs.
Morning everyone I am looking at EURCAD intraday shorts to the 1H 800ema. After the big move down yesterday we have a great market sentiment line on the 15 min chart for potential shorts. The 1H 800ema being the first profit target level.
Here is my short idea of EURCAD. It is possible to expect some further downside on EURCAD with a strong Crude.
The Final German CPI for August was reported flat at 0.0% monthly and increased 3.9% annualized. Economists predicted a flat reading of 0.0% and an increase of 3.9% annualized. Forex traders can compare this to the German CPI for July, which increased 0.9% monthly and 3.8% annualized. The Final EU Harmonized German CPI for August increased 0.1% monthly and 3.4%...
Hello traders, here is my setup for this pair R/R: 1:2, 1:3