Here is my view for EURCAD on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
In the current situation, according to the negative divergence formed between 3 and the ceiling of the side range, we can expect a decrease to the range of 78.6 Fibo projection of the area of 1.44012, but before that, we have the important resistance area of the pivot point, which must be broken. In the next stage, with the breaking of the pivot area and touching...
We have just passed the 1.37 level. EURCAD will reach the next target of 1.4039. So we open a long position for this trade. The confirmation of the break of the 1.37 level is a confirmation of the continuation of the bullish trend.
Based on technical factors there is a Long position in : 📊 EURCAD 🔵 Long Now 1.3752 🧯 Stop loss 1.3563 🏹 Target 1 1.3929 🏹 Target 2 1.4151 🏹 Target 3 1.4478 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
I tried to make everything self explanatory in the chart
This is the EURCAD on the the 4 hour time frame, lol and to be honest im lazy to tell you what i think hahaha so LETS JUST WATCH AND SEE HOW THE PRICE MOVES #EURCAD
Let's buy EURCAD for new level keys
in daily CHART we can see 2 thingS! The CUP and the FLAG! its eaSY to trade when the chart breakout the HANDLE
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
The outlined white arrow pathway is the predicted pathway that the EURCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURCAD will turn. NOTE: THIS IS ESSENTIALLY THE SAME PREDICTION I MADE AS LAST WEEK EVEN THOUGH I CHANGED FROM SHORT TO LONG.The difference is...
EURCAD expected to rise up to 1st resistance at 1.47845 where it could potentially react off and drop down to 1st support at 1.47141. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.