CADEUR
Canadian Dollar/Euro
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV, SIRIUS MINERALS PLC ORD 0.25P, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, TCG
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
This pair looks to have completed a correction here more confirmation would be to wait for 4H macd to flip green , however on the lower timframe we have what looks to be a valid buy setup and the stop loss is 40/50 pips which is great , this is not financial advice this is just my ideas ive been learning waves for 3 years now i have only just recently got...
Another solid Risk to Reward setup here. I cannot stress how important it is to have a good Risk to Reward ratio under pinning all of your trading decisions. I always look for 5:1, 4:1 or at least 3:1 reward for any capital I put at risk. This means that even if im performing badly and placing more losers than winners, I'm likely to at least break even or even...
Price has reversed from the daily descending trendline and have seen a break on the ascending trendline on the shorter time frame. We have entered at the bearish candle formed at the resistance but second entry would be at the breakout of the corrective...
No point letting this trade turn into a looser now. Two lower highs created, so some structure to help create a logical place to move the stop too. Stop will be now at 1.46825. Worry free trade now, let the market go where it wants on this pair now. Updates to follow.
After a break and retest of the ascending trendline I’ve entered a short position as I expect downside momentum to continue
Looking at potential shorting opportunities on EUR/CAD as price is testing the descending trendline for the thirdtime...
EURCAD has broken through a long term downtrend and is close to the newly formed uptrend line. watch this pair for a sudden retrace down but currently the setup stands. TP - 1.48747 SL - 1.45735
in the middle of consolidation on higher time fram zooming in on a bearish flag pattern within patterns on both 4/1hr.
Mitigation of that H4 candle to drop down to the IPA (inefficient price action) and daily candle mitigation zone, to go for a long term buy.
Bearish Flag patterned identified on the 4hr. Zooming in on the 1 hr we can see another bearish flag pattern slightly pushing towards the upside before we can expect a drop.
EURCAD is going to complete C D leg formation. we can enter the trade after the breakout the rising wedge.