EURCAD Sell PossibilityEURCAD is following a down trend. Waiting for breakout the minor trend line. If break the trend line then we can take short position.
Eurcadforcast
My Idea on EURCAD for a couple of days On EURCAD Im seeing a bearish trend so ill be looking for sales but Im following this trade because Im still seeing a resistance at .45951 ( Feel free to leave a comment )
EURCAD Monthly Trend Possibility. "In the name of Allah, the Most Gracious, the Most Merciful".
EURCAD Monthly Trend Possibility.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
EUR/CAD Bullish ???Ascending Triangle is still in the process of forming.
Wait for a breakout, targets as per support and resistance
EURCAD approaching resistance, look out for potential reversal!
EURCAD is approaching its resistance at 1.46961 where it is could reverse down to its support at 1.45495.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD FALLING WEDGE PATTERN"In the name of Allah, the Most Gracious, the Most Merciful"
EURCAD FALLING WEDGE PATTERN.
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.45774 where it could potentially rise further to 1.47072.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCADIt Could rise up to 1.46487 (50) Pips up
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EURCAD approaching support, potential for a further rise!
EURCAD approaching support at 1.45908 where it could potentially rise further to 1.46529.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD approaching support, potential for a bounce!
EURCAD is expected to drop to 1st support at 1.47072 where it could potentially react off and up to 1st resistance at 1.46351.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD potential reversal!
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.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off its support at 1.47592 where it could potentially rise further to 1.48234.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD, forecast on D1D1
-->> structure: downtrend
-->> tendency: downwards
-->> sell valid if it fails to break the cloud
EURCAD potential reversal!
EURCAD expected to rise up to 1st resistance at 1.47610 where it could potentially react off and drop down to 1st support at 1.46915.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD, continuous downwards... D1
-->> structure: downtrend
-->> tendency: strong downward momentum
-->> very weak chance to move up
-->> sell to target
Possible EUR/CAD short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4-12 Hours
Actions on -
A – Activating Event
Market will meet resistance in zone @ current levels - .... and fall to the 1.463. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.463
FX:EUR/CAD
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 1.463
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
