ENG: - EURCAD might be forming a retest at our supportive zone (ex), all the setups are described at the analysis. PT: - EURCAD a formar um possível retest na nossa ex zona de suporte, todos os setups possíveis estão descritos na análise acima.
Waiting for price to break the highlighted area and a pullback before entry
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. this is not signal. it's my opinion. trade your own risk. and Must Follow Money...
TITLE/(DATE)- EUR/CAD ASSET- FOREX PLATFORM-MT4 ORDER TYPE- BUY LIMIT Time Frame-4hr ENTRY PRICE 1- 1.57080 (pending) ENTRY 2- 1.56880 (pending) STOP LOSS- 1.56680(40 PIPs) TAKE PROFIT 1- 1.57580 (50 PIPS) TAKE PROFIT 2- 1.58080 (100 PIPS) TAKE PROFIT 3- 1.58580 (150 PIPS) TAKE PROFIT 4- 1.59080(200 PIPS) TAKE PROFIT 5- 1.59580(250 PIPS) STATUS: ACTIVE DROP A...
Eurcad is setting for a reversal, watch price action to add on corrections, we are at the top on this pair Good luck everyone
We can see a trendline break and a retest of the area, once price breaks this line again I anticipate a big drop
Daily support is highlighted, once the zone is broken we will sell to the target area
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.
EURCAD has been ranging for a while, it is now at the top of the range on the 1H chart and there is an area of support just below it, I am waiting for price to break and then selling to the next level of support I expect price to pull back before the trend continues, if the trend continues we can hold the position or enter another sell
EURCAD bounced off 1.54200 where it could potentially rise further to 1.54965. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Start of downtrend after accumulation Phase, All details above
Hi, I have analysed the EURCAD, current price came from the Triple Top, as it was on implusive phase, now the price is in large corretion, inside the large correction there is sell pattern with two touch already been played out, now i am waiting for the third touch on the trendline then wait for SELL confirmations like Engulfing candle, evening star and candle...
EURCAD bounced off 1.53314 where it could potentially rise further to 1.53568. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This pair is incredibly volatile but I can see a change in trend occurring I believe once support is broken it will head for its next level of support which is highlighted below
EURCAD bounced off 1.52195 where it could potentially rise further to 1.52373. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Price is currently at a point of support where we may see price push bullish to meet our target level. Divergence is evident. Do not risk more than 2% of your equity