HERE, I'M SEEING A BEARISH GARTLEY PATTERN ON THE EURCAD. ALTHOUGH, OUR D LEG HAS OVER EXTENDED, IT HAS RESPECTED PREVIOUS STRUCTURE HIGHS WITH AN RSI DIVERGENCE AS CONFLUENCE FOR MY BIAS TOWARDS THE SHORT SIDE. LET'S SEE HOW THIS PLAYS OUT!
EURCAD Selling Now Counter Trend Line Break
FX:EURCAD short I will trade this after re-testing of the bearish engulfing candle.
Just broke daily structure to the down-side, look to sell once 50% RSI is reached down to 1.42605, stops at 1.43505. Good Luck Traders!
short term trade order set on ec if support breaks and we get triggered in from our dotted line entry
Here we have a broken trend channel, I will wait for a bearish candle to break the support level and close before shorting!
FX:EURCAD Symmetrical Triangle Price @ Back side of Up Trend Line and below down trend line .236 Retracement of the last down AB Swing Waiting for Bearish Candle Stick Formtion Price testing the down trend line (Pink) Target 1.272 Fib Extension
I will sell FX:EURCAD after counter trend line break (rend) - Price inside the channel Toucing upper trend line on daily StochRSI over bought in 2H Chart Bulish Shooting Star Spiinig Top near to of Channel SELL STOP @ 1.46946 STOP LOSS 1.47308 TAKE PROFIT 1.46175 Risk Rewards: 2.48
Looking Good To Short Here As Nice looking really nice after Reversal From Upside Only One Place Left Is Downside Reasons to Go short Reversal From Top Symetrical Triangle Breakout TO Downside Good Risk To Reward Ratio Trade Forming A Trend Change Volume is high Moving Averages Compression Triangle Compression News Is Following Too So Let Us See!!!!!
FX:EURCAD Safe Trades;
Big tug of war happening on a trendline retest..important to watch for now until price decides..we can see price showing indecision..dojis,darkcloud cover ..appearing dead on after a corrective uptrend wave...the odds are in favour for bears to win this one...so we sit an wait for the bears to show a win.big reward trade..great RR