All Trade Parameters shown on the chart.
Potential cypher in the making. we can try to use this pattern for reversal entry strategy as price now in the peak.
Wait for good PA & flag before taking and short positions, ignore the buys! Trade with care!
Currency pair - EUR.CAD Chart timeframe - Daily Area of interest - 1.5057 & 1.5144 Chart pattern - Bearish Cypher Potential target 1 - 1.4935 Potential target 2 - 1.4858 Potential extended target - 1.4809
I think EURCAD will be a short, And this will happen Monday. When it brakes the green trend line of 1h, then it will fall down. I have set my tp at 1.48475 what do you guys think?
Reason:Trading Ratio1:1.5
overbought +rsi bearish divergence short 1.5030 target 1.4950 gain 80 pips
EURCAD has just entered into the GREEN CRITICAL ZONE 1.473-1.48 area. As we can see, the area got tested and retested as both support and resistance since August and earlier this year. I think this pair will go sideway in the next couple of days before deciding the next direction. What's next? If we see strong bearish candle closes below 1.473, we target 1.465...
All Trade Parameters shown on the chart. Short setup in Daily Supply. On a weekly chart we see two shooting stars in a row - Sign for reversal
If it breaks the neckline, 0,618 retrechment can be possible. It should be watched, if it doesn't break the neckline the chart can be a flag, and a continuation will be watchable
Hello everyone, we have an opportunity to short this pair towards the highlighted areas. For any questions leave a comment or DM me. Good Luck
We have a sell opportunity for this pair if price respects the flag resistance and the Gartley pattern. Like & Follow for Updates Happy Trading (*-*)
Currency pair - EUR.CAD Chart timeframe - 4hr Area of interest - 1.5060 & 1.5148 Chart pattern - Bearish Cypher Potential target 1 - 1.4937 Potential target 2 - 1.4861 Potential extended target - 1.4802
The common European currency is hard to chart against the Canadian Dollar. However, due to the high demand for the pair on the Swiss Foreign Exchange, the Dukascopy Analytics team is doing one of the rare reviews of the pair. In general the currency exchange rate is beginning a large scale decline due to bouncing off the resistance of a massive dominant channel...
Currency Pair: EUR.CAD Time Frame: Daily & 4hr Predicted Direction: Short Live EUR.CAD updates will be available in the comments section below
price complete bullish bat pattern. Now price break the triangle and retest. this will be my entry strategy. target on chart
Hello everyone, I posted EURCAD which is in break even but this is how I am looking at this pair overall on bigger timeframe. Already have a sell setup in place which will execute once the price hits. For any questions leave a comment or DM me. Good Luck