Hi fellow traders, EURCAD will be ready to sell from the blue box area as the correction is completing. Goodluck!
EurCad is in a downtrend for 15 months now, with the price dropping 1700 pips, from 1.6 to 1.43. At the beginning of October, the pair has made an important break under 1.46 support and dropped pretty fast to the up-mentioned low. At this moment looks like EurCad is preparing to test the new 1.46 resistance for confirmation and traders can look to buy dips against...
we're waiting this pair to close a momentum candle over our last touch of the descending channel so we can take a buy position if anyone have a comment on my analysis please share it Good luck
EURCAD reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information...
Bullish indicators: 1) Trading near major support area of 1.46100 2) Bullish Harami candle 3) Falling wedge Bearish Indicators: 1) LL LH 2) Currently trading in downward trend Plan A: On the bounce from the support area one can buy for the target 1.47733 first and then for the 1.48075. Plan B: On the breaking of trendline and support one can sell for the...
EURCAD Duration 30-45 Days Terms: Long Term / Swing Trade Target: 400 PIPS GOOD LUCK
#EURCAD Market is moving in bullish channel and have shown good rejection from support.
EUR/CAD Signal Market Sell: 1.50940 Stop-Loss: 1.51600 Target 1: 1.50000 Target 2: 1.48720 Stop-Loss: 66 pips Risk: 0,5% Risk-Reward: 3,35
buy now EURCAD, with SUPER tiny stop loss, but good risk reward ratio. Do your own risk and Good Luck.
What we see on EURCAD is quite clear and nice, price bouncing between two trendlines, And for now we are in really strong area which you can see as gray rectangle ❗️ 1st lets wait for price to close above our support then set this order ❗️ 2nd: set our 1:5 order and fly with the price ⚠️Take Max 1% of your capital on this trade⚠️ Lets see...
eurcad sell : Reasons : 1)my ema lines confirmation(dont ask guys its secret) 2)nice pattern trend 3)naked candles will be appearing but wait for more confirmations until we update here take profit : green line stop loss : red line
I think FX:EURCAD has a good long trend for the next 6-9 months. We have now crossed the strong support line at 1.47320 and are consolidating at this level. I indicated the points where you can fix the profit: * TP1 = 1.52600 (November 2021) * TP2 = 1.55840 (May 2022) << near border of flag
We expect EURCAD to move forward upside as it's consolidating a major support area last couple of weeks. Also, the Eurozone covid situation is under control, and most of the tourist spots will open soon.
EURCAD daily time frame I can see it will create a W shape pattern and recover its gaining. On the other hand, we can also check the ABC pattern clearly. I'm expecting a strong Bull run.
NOW IS THE TIME TO LET IT BREAK THE SUPPORT 1, FOR TP 2 AND TP 3.