[EURCAD W1 Mar 2021]EURCAD
Long Setup
Harmonic pattern + Potential Elliot Wave Theory
1st target of harmonic pattern is 50.0% fibonacci retracement. 2nd target is a potential Wave-3 of the impulse wave up
Eurcadbuy
EUR/CAD BUYEUR/CAD has been in a descending channel since the beginning of the month.
The pair managed to break the channel and retested on it ( Trend line breakout )
I expect EUR/CAD to buy until it reaches the red daily trend line .
EUR/CAD Multi-Timeframe analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 CHART ( Strong Up )
The market is approaching the support at 1.53258 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.53039 level.
Support & Resistances
1.53258 1.53486
1.53039 1.53548
1.52678 1.53719
H4 CHART ( BEARISH )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.53124 1.53498
1.52619 1.53782
1.52092 1.54414
DAILY CHART ( NEUTRAL )
Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level.
Support & Resistances
1.52660 1.52666
1.50744 1.54016
1.47486 1.55924
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EURCAD - LONG; Buy it up!!Like the title says.
While the EU still maintains a positive account balance, the BoC couldn't steal, print or borrow and other dime (not even a Canadian one), even if their life depended on it.
Here is the Daily;
EURCAD ANALYSISEURCAD ANALYSIS
falling wedge
breakout
pullback
demand zone
confirmation buy
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Idea is not the financial advice!
Buy Eurcad - trading with banksEurcad to pervious bank volume which can lead to potential change in the trend. I prefer a buy trade on eurcad
EURCAD 4HR LONG SETUPEURCAD 4HR :
EURCAD after crossing 4hr Trendline Price Currently moving towards Day Level Resistance Zone.
If it crosses resistance zone and day trendline ..Wait for Retest and then Go LONG..
EURCAD ANALYSISEURCAD BOUNCED FROM THE SUPPORT AND MAKING INVERSE HEAD AND SHOULDER .
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Idea is not the financial advice!
EURCAD - Bounce UpwardsThis move looks exhausted, I want to begin to see the bulls take control of this pair. I think a dip into the order block is likely before upside continuation into the targets marked.
Bullish Alt Bat PatternEURCAD BULLISH ALT BAT PATTERN
Market Buy Order Set Up.
Buy Entry: (1.53958)
Min Take-Profit: (1.54682)
Max Take-Profit: (1.55167)
Stop-Loss: (1.53385)
Max Risk-Reward: (2.11)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EURCAD - SWING - 01. FEBR. 2021Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Bullish closure above main sr level.
4 HOUR
Bullish waving market structure..
DAILY
Expecting another push to the upside.
-
FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.54830
SL @ 1.54270
TP @ 1.55730
Max Risk: 0.5% - 1%!
(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 W4 Jan 2021EURCAD
Long Setup
📉 A significant breakout of a downwards channel. An entry could be placed after a pullback
EURCAD - SWING - 19. JANU. 2021Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Bullish price action after previous support zone was hit.
4 HOUR
Overall bearish market about to turn..
DAILY
Great long entries, price about to jump up.
-
FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.54360
SL @ 1.53490
TP @ 1.55620
Max Risk: 0.5% - 1%!
(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
