EURCAD - Bit of a triple top before rejecting the resistance with a big bearish candle. Should see a further push to the downside, and then potentially break the trendline.
Tendency: Downtrend ( Bearish ) Structure: Channel | Support & Resistance | Harmonic (AB = CD) Observation: i. Trading Channel occurs as parallel trendlines connect price's Support and Resistance levels within 1.54300 and 1.50500 range. ii. Channel emphasizes the sideways movement in the market. iii . A Breakdown of 1.52200 from 61.8 retracements at point C might...
BUY @1.53249 STOP LOSS @1.50540 TAKE PROFIT @1.53243 TRAIL @1.51895
Looking at the weekly timeframe we see after pushing to the upside and closing back above 1.5060, EURCAD has been holding at this zone for weeks. Last week EURCAD had a strong bullish rally back up to 1.538 before falling back down to 1.5060. If structure can hold at this zone we can look for price to push back to the upside, retesting the 1.5532 zone. If you...
If we got breakout of the trendline, we would long the pair. There is a great chance, that price will behave the way we expect.
EURCAD short-sell daily timeframe overbought rsi, bb and demarker in weekly 1.52 price respected resistance 2017 yearly and 1.42 support support 2017 yearly 1.40 price possible for take-profit until next week economic calendar euro weak release and cad strong release Moving averages, macd, macz-vwap and rsi ema crossing for short Strength momentum indicator...
I hope that you like the video , any question or idea or mistakes i am ready to hear it :) ing : Aledine.ha
EUR/CAD daily trend is UP The pair is now consolidating sideways in a horizontal channel. Currently testing support LONG position, after support rejection confirmation, seems to be logical to catch some pips up until the high side of the channel
on my previous analysis price failed to breakout the support level and the condition remain the same but for higher support level, we still wait for price to breakout support level (daily resistance) before placing any sell order. good luck! Plan : support level breakout --> wait for price to bounce off from resistance level --> wait for the rejection candle...
Plan : support level breakout --> wait for price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...
EURCAD is now doing what be said some days before, the operation we gived it's now on 160 pips in profit for our crew and we expect 40/50 pips more. Returning to the analysis, in this moment the value is surpassing a monthly KL so there are two possible scenes, the accumulation now to fall or the second one and what we expect: the retest in the supply, retesting...
Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...
Plan : wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Note : the previous support levels have now been tested to be resistance levels (link attached below!), what if you haven't followed my previous short call, then what next? here's the plan Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the...