EUR/CAD: LONG trade setupall in the picture
I advise to check the trade 6hrs from now and book some gains, at least to move the stop into the money.
good luck !
Eurcadbuy
EurCad- Entering strong support zoneFrom 1.6 top eurcad dropped almost 600 pips but the drop is not impulsive and has a very clear corrective move format. Also if we draw a Fibonacci from 1.51 support we can clearly see that this old resistance zone, now support, is confluent with 61% retracement and we can very well be in a "measured move" pattern.
That being said I will look for buy opportunities for at least 1.57 target for a swing trade.
Long EURCAD
Took a long on EUR/CAD, the market seems to have broken the down trendline, I do have 1 area of concern for a possible resistance (1.56345)
Entry 1.55958
Stop LOSS 1.55545 (41 PIPS)
Take Profit 1.57601 (164 Pips)
Eurcad Buy Setup! LongDISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
EURCAD Buy Setup1h
-Trend: Down
-Price made accumulation on the bottom of trend, broke and retest it
-price broke down tl, now its creating a new hh
EURCAD Long SetupEURCAD is now in an uptrend. Price seems to be exhausting and looking for a pullback for an entry. Look for price to do a retest at the last level that was broken or look for price to make a double bottom at the higher low. These zones also are in line with the fibonacci levels.
EUR/CADThis is our personal setup for EUR/CAD, we put both sell and buy order, so where does it hit first xD
EUR/CAD - Head & Shoulders - BUYPrice has printed a H&R pattern. We are waiting for price to retest its broken structure for buy entries.
EURCAD reversed from resistance, potential drop!
EURCAD reversed off its resistance at 1.57291 where it could potentially drop further to 1.56199.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD and Buy Area (28/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EUR/CAD BUY OPPORTUNITY (4 HOURS):Fib aligns with reversal zone. Bias is long to we are trading with the bias.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.54200 where it could potentially rise further to 1.54965.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EUR/CAD - Breaking Resistance - BUY!We are waiting for price to clear past resistance and make a retest of its broken structure before we look for buy entries.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.53314 where it could potentially rise further to 1.53568.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD and Buy Area (7/7/2020)Buy limit
1.52925
SL at 1.52725
TP1 at 1.53125
TP2 at 1.53310
TP3 at 1.53500
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EURCAD - SWING - 06. JULY. 2020Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Bullish reaction and open this week.
4 HOUR
Overall waving market structure at its lows.
DAILY
Good long entries, prices are down and above to jump up.
-
FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.52780
SL @ 1.52110
TP @ 1.54000
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 - Going Up and Completing three touches on the TrendlineThis pair may go long according the trend analysis we did, of course we hope its going complete three touch.
"IF YOU HAVE ANY OTHER IDEA, PLEASE LET US KNOW"
