EURCAD - BUYSI see potential buys on eurcad, if price buys back above 1.48328 then i can look for an entry during session for the volume to petentially hit my tp at 1.48789
EC
EURCAD-Ready to Short!We got a bearish trend change for EC.
Now looking for trend continuation to take a short trade.
We got the 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
The 50% retracement and FVG are in line with previous support turned resistance- thus adding another confluence on this trade.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
EURCAD: A LIQUIDITY SWEEP THAN LONG !WE just hit a weekly FVG,
looking for a sweep of the lows + MSS on the 30 min to go long
Waiting for a JUICY short on EURCAD...YUMMY!We saw huge bearish momentum for this pair on Thursday and Friday.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
ASIA: EURCAD - REVERSAL - MOMENTUMEurCad has completed our reversal setup criteria and we should be able to capitalize on at least double the risk. Its in a fib ext zone and has also completed our beloved ABCD pattern so.. Lets see
ASIA: EURCAD - BREAKOUT/REVERSAL - MOMENTUMOriginally had taken this entry earlier as I was leaving work on a range breakout setup that also met my reversal setup criteria. It retraced now to the entry and a bit of drawdown but I figured I could take this opportunity to journal my trade for future review purpose.
Ecopetrol runs for dividend dateDisconting the bad beguining for the colombian market caused for the present President of Colombia, I think in this moment de main company of the country, "Ecopetrol" $EC is supporting in the short term by tecnical and fundamental issues. Fundamental view is product of the great result of 2022 FY and its consecuen big dividend, around 30% at current price. By the technical side, the today close price permits conclude that 61,8% fibonacci retracement (last bull leg) is supporting the idea for bullish future that maybe will go to the gap´s area of 13.55 that overlaps the 200 daily MA. Other items are the horizontal resisitnce area 10.60 (red line) and the proyection of an equal leg regard previus bullish swing(white arrow).
RSI near 50 and MACD at the positive side and going up...
Target price
Min. 13.55
Max. 14.40
LONDON: EURCHF BREAK & RETEST - REJECTIONLondons first given setup out of the playbook seems to be an EURCHF simple B&R using the pin rejection as our entry criteria going for at least 1:2 RR
EURCAD - FALLING CLOSER TO PARITY 1.22EURCAD has been falling for 2 years. I could have been rich if I focused on sells only. So I will be looking for sells until it touches the bottom at 1.22. May keep going down long term to parity.
EURCHF Bearish, SELLEURCHF is looking good for a short, continuous down trend on higher time frames, with price reacting to the downtrened outlined in chart mark up. Additionally price is at a level of resistance, where it is acting positively. Fib shows us that price is additionally reacting to a key level,, again giving us an indication of the market staying bearish . recent wicks left on multiple time frame show heavy bottom candles, supporting the decision to short. Finally, the 500 EMA is at price. TP is set to a previous high where market has reacted, and SL the same. Note that if this trade fails, i will be looking for a break and retest of the oulined trend line, and then further indication that the market will be reversing upwards.
EURCHF - SELLFrom the daily and h4, I see that EC has been trending down and right now I see multiple reasons for me to sell. Price is using an area of resistance that was previously used as support in the past. It made a break and retest and now it's at the resistance, I'm now waiting for a bearish engulfing on the h1 or h4 to get in sells. (using the fib as confluence also)
EUR/CHF Move To The DownsideAfter extremely strong move to the upside, EC started consolidating and finally broke the trendline with a nice formation to the downside and possible SHORT trade with a 3.66 RR
Make sure to wait for the fat blue line to be broken with strong candle. If it barely breaks it or if you see a long wick, be careful with this trade.
EUR/CAD DAILY CHARTIf we see oil breakdown further we could expect eur/cad to make new highs, as usd is weak, euro will be stronger. backing fundamentally this technical set up.
EUR/CAD DAILY CHARTOne trade ive got my eye on, entered a buy position here, due to the price producing a buy signal on my algo and making what likes a bullish wedge. look to buy the euro/cad and ride the next wave up.
