Better for sell option hence, 50EMA and 0.618 fibo level is there for resistance and still couldn't break this for several times. High probability to price go down. Note: Trade at your own risk.
FX:EURCAD SHORT If the price falls below 1.540 zone which is a mini resistance,price might likely drop to the next support confirming the break of the rising wedge kindly like and comment.
I am expecting a downside Movement as i forecast . ThankYou
trying to anticipate the current market has proved tricky! see the false movements and read them - the euro at this current point shouldn't be pushing up against the CAD, watch the move
Price has broken our trendline. Price needs to remain below for sell entries to TP 1 or TP 2
Perhaps the last wave up is completed. However, the possibility of another wave UP is not excluded Previous update
EURCAD broke out of the daily zone of consolidation with a lot of buying pressure but the one thing is that for it to breakout of a very important zone there is surely going to be a retest back to the daily support zone. . If we see a bearish rotation on the consolidation then the breakout is not certain . But if it breaks out of the consolidation then we are...
Some clarification for last post about EURCAD
Sniper Entry Waiting for sell . Bigger Drop Possible. ThankYou
Double Top and Mini Ascending Channel Forming Both are Reversal Pattern. Best Of Luck , But Sell on BreakDown
EURCAD parttenr H1 h4 .sideway ,h4 double Top Sell EURCAD 1.56600-1.56700 SL 1.57200 TP 1.55200
Low risk : high reward trade setup. Euro has been dropping for the past week, could be a good move. Fib level and resistance lined up.
Thanks for Taking Interested in my Trading Idea. EURCAD: FALLING WEDGE PATTERN. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!