As we can see a regular bullish flag in H1 chart. and upper trendline. So we expect a fakeout near trendline before short term fall.
FX:EURCAD S/L 1.53433 - T/P1 1.55375 - T/P2 1.55911 - T/P3 1.56659 - T/P4 1.57380 - T/P5 1.57858
Eurcad Support Break Now time to big sell
EURCAD, Retesting Support and continue Bullish uptrend! Trade when the Price action Tells!
The pattern has finished in the range of 1.5461, the first confirmation for the buy order will be received when, the price crosses the range of 1.5592 . Also by crossing the price from the range of 1.5310, this analysis will be violated. The potential volume of target for the uptrend is too high and around 500 pips.
From the Daily time frame perspective EURCAD is ready to go LONG Don't forget to like and follow us
The counter has broken its near-term bullish trendline. Then it formed a head and shoulder pattern and has broken down the neckline as well. Hence, we expect the pair to be bearish in the near-term.
Let's buy EURCAD for new level keys
Price touched a descending triangle on daily chart & broke out of the ascending trendline on 4H Chart, price is currently at minor resistance zone.
Good for 250-300 pips! ... and the Daily
Since August, EurCad is trading in a down trend. The recent leg up seems to be finished and also on a 4h TF we can see a H&S formation A drop under neckline support could lead to acceleration and a test of previous recent low. I'm looking to sell this pair
Hello Everyone, The EURCAD has reached the top of the descending wedge price has been traveling in on the 1D price chart. The top of this descending wedge coincides with the .618 Fib-Level on the 1D. A rejection here may signal a drop to the bottom of the wedge. Looking at the 8H price chart, Hidden Bearish Divergence has formed on the price chart and MACD in...
eurcad getting ready for a drop, watch lower time frames for entries