Let’s see how this plays out! Waiting for 3rd trendline touch at .618 fib level. Entering on lower timeframes.
Look, new that price go down from double bottom he start to go long, we can buy on this fib retracement
Buy EURCAD Broken out of the fib channel and will continue make wave 4 and -61.8 fib level and reverse to the downside after. Like and follow for more content. Share thoughts in the comments
Standing under daily resistance for the second time. It is under daily trend line from Dec 2020; has made double top on smaller time frames. A breakout of trend line on H1 is a GO signal for the sellers.
Hello,Friends! Based on the technical analysis, and the recent minor fundamental news EURCAD looks bullish to me overall. I think marketmakers will be pushing the pair up That is why we are going long Like and subscribe and comment my ideas if you like them!
Two tp seen because of made H&S. Get it and enjoy trade! Good luck!
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Daily: Daily breakout from 3 bar breakout..wait for breakout of previous daily high 1hr: Ascending triangle building to breakout confirmation, one can take and early entry before reaching ascending triangle ceiling..Risky kind trade but one in profit put on breakeven or wait for break and retest of ascending triangle.
EURCAD is moving inside a descending channel. The market after the test of the trendline is now approaching the support area and according to Plancton's strategy is the market will break below we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
Price has just seen a bearish breakout from the ascending trendline support-turned-resistance, and is now holding below the descending trendline resistance. We could potentially see further downside below the 1st resistance, in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal pullback resistance, towards our 1st support, in line...
- Possible bearish pullback price movement towards the support 1.48600 within the next period and then heavy buy.
EURCAD SELL SL 1.4830 Tp1 1.4728 Tp2 1.4714
1. The Monetary Policy outlook for the BOC. For the past few months, the BOC has been one of the least dovish central banks among the majors. After recent data surprised meaningfully to the upside, market participants have been speculating that the bank will look to taper as soon as the H1 2021. This view was confirmed when the bank announced a discontinuation...
Hi there, this pair could drop, so observe the price action.