Saw a possible short along with gbp/aud and gbp/cad. I had 4 trade opportunities and the one I happen to choose first was the bad one. Live and learn. 1.52897 TP 1.52900 SL 1.53620
EURCAD expected to rise up to 1st resistance at 1.54729 where it could potentially react off and drop down to 1st support at 1.51680. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
* 50% for all predicting. - Risk: 0.5%. - R/R: 1:1. - Data backtest: maximum from Tradingview. - Good luck.
Do not trade without confirmation
EURCAD Trading Plan SELL - Riks Reward 1:3
As we can, few weeks back EURCAD managed to open at a gap of higher price (green circle) but we did not see any breakthrough in resistance level. In fact, price consolidation formed at the resistance level and we can see that EURCAD is losing its strength. Therefore, I am looking for a potential short position to its support level @1.5055. FOLLOW us on...
Melt Down Take a look at the weekly and look left from where price is at right now Clean Zone
I sold this pair yesterday at 1.5700 and manually closed 1.5540. This pair has struggled to sustain a clean break above the level of my sell pending order (1.5700). We saw a nice sell off at the last day of March. This pair has room to still decline further, I am eying 1.5400. Lets so what happens. It will probably fool me since it is Aprils fools day lol. Have...
EurCad is consolidating in what seems to be a diamond top pattern. Yesterday the price put in a nice bearish engulfing and the pattern could be complete. I favour short positions as long as the price is under 1.5750 and the price could drop and test the 1.5 zone support
EURCAD in supply zone.
EURCAD Trading Plan SELL - Riks Reward 1:4
1 hour breakout strategy. Watching closely for price action to show signs of confirmation before entering a position to the downside. *NotFinancialAdvise
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation of this Diamond-Pattern. Market Sell: 1,55680 Stop-loss: 1,57600 Target 1: 1,52220 Target 2: 1,51000 Target 3: 1,48900 LEAVE A LIKE AND A COMMENT - I appreciate every...
EURCAD HAS REJECTED THE RESISTANCE 3 WEEKS IN A ROW BUT FAILED TO CLOSE BELOW THE PREVIOUS REJECTION CANDLE THIS WEEK, WHICH LEFT A LITTLE SOUR TASTE IN THE MOUTH OF THE BEARS AND BULLISH MOMENTUM MIGHT RESUME . THE CHART HAS THE DETAILS OF MY IDEAS OF GOING FOR A SELL LONG TERM AND BULLISH SHORT TERM
Wait for candle break Triangle then entry sell as a plan