EURCAD Long Setup 👉🏻 Price failed to break lower and is forming a corrective Wave-4 and is preparing for another wave up for its final Wave-5. A pending order may be placed when price breaks above wave-D of Wave-4 with the SL and TP shown. A good ratio of 1:2.
i see possible bearish divergence on RSI 4H time frame , good luck :*
I´m neutral on EURCAD, will observe price action for breaks.
Look at the #EURCAD chart on 1h timeframe! as you see this is the wedge pattern and we enter a trade in the S&R zones and Pattern breakout . on the 4h timeframe price touched a good resistance zone. look at the 4h timeframe chart: Show me some love with following my tradingview page and please do not forget to like.❤️🙂 Post your comments!
as seen on the chart EURUSD is at a strong resistance in a 4 hour down trend so id like to see it push to the down side
Good evening Fx traders , wishing you all a profitable week as always. Please find above my trading forecast/idea : Planning to enter a short position on EUR/CAD visible in the 4h timeframe. Fundamental reasons : Euro is still bearish overall especially due to the slow vaccine rollout and recent news about new lockdowns measures. Retail sales still on...
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The market patterns and indicators seem good for selling positions! Open to discuss!
Hello Trader, Here is the market analysis for this pair, Let me know in the comment section below if you have any questions, The entry will be taken only if all rules of the strategies will be satisfied.
As we can see eurcad has broke support area before and now he become resistance my plan is waiting for confirm as a bear flag to execute this pair i just waiting for valid pullback in this area if you guys have different perspective dont be shy to comment below !