EUR-CAD
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.4615). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.4533
TP2= @ 1.4438
TP3= @ 1.4050
SL: Break Above R2
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.4615). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.4533
TP2= @ 1.4438
TP3= @ 1.4050
SL: Break Above R2
EURCAD - FOREX - 05. DECE. 2019Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Very bearish drop after touching previous resistance
4 HOUR
Prices back at support zone and buyers area
DAILY
Overall bullish waving market structure at support, good long entries.
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FOREX SETUP
BUY EURCAD
1ST ENTRY @ 1.46200
2ND ENTRY @ 1.46060
SL @ 1.45800
TP @ 1.46630
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCAD - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Bearish market turned bullish.
4 HOUR
Bearish price action at its wave low, we need a push to the upside.
DAILY
Bullish market at a bearish pullback, great long entries.
-
FOREX SETUP
BUY EURCAD
1ST ENTRY @ 1.46630
2ND ENTRY @ 1.46330 (Wait for trigger)
SL @ 1.45810
TP @ 1.47520
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN