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EUR-CAD

ANALYSIS ON EURCADHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the price is moving sideways. Now its close to its trendline support, so one can take a buy trade after the price hits its trendline Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R..Lopes
Long
by Ryan_lopes
EURCAD: Breakout Based Trading Plan heeey traders, EURCAD is still testing a major falling trend line. we are still bearish biased here and wait for a confirmation to short the pair. on 1H the price is contracting within a descending triangle formation. 1.5205 is the horizontal support that needs to be broken (1h candle close below) to initiate the selling order. initial target will be 1.517 with stop above the last lower high. in case of the violation of the triangle to the upside, trading plan will be invalid. good luck this week!;)
Short
by VasilyTrader
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