Eurcadforcast
EUR/CAD sell setup on Daily ChartAs we can see on chart that trend line is falling wedge and market is touching it, so in this way we can assume that market will fall from here. Keep money management.
EURCAD for a sellEurCad has now approached a key resistance level. I believe now would be a great time to enter for sell orders.
Sell price: 1.50888
Take profit: 1.49738
Stop Loss: 1.5100
Lets catch these pips!
EURCAD - SELL FOR THIS COMING WEEK-ENTRY & eXITEURCAD has now hit resistance and price rejected
Also Stoch RSI has crossed over confirming the down trend
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EURCAD Low risk short setupEURCAD broke out sharply yesterday, expecting this market to drop further, wait for a breakout. Though today is Thanksgiving day so not expecting much, but anyway.
Trade Safe.
Thanks for your support.
EURCAD possible BOC tradeWe have BOC rates decision today, looking at CAD rates, EURCAD seems to be good candidate to trade on BOC as this market is struggling at this area with underlying divergence, allowing a wider stop to see if it works out.
Good Luck.
EURCAD - nice entry for a sell - join in!!EURCAD has retraced to Fibonacci retracement
level of 0.382 as previously surmised. from the chart
you can see that the bears are slowing taking over as
predicted before
Also Stoch RSI has turned back down, i am expecting this
to drop more. i will update if anything changes
See previous analysis also
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EURCAD SELL CONTINUATIONSEE PREVIOUS ANALYSIS AND AS BEFORE, THIS WILL GO DOWN
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:)
EURCAD SELL UPDATEIF U DIDN'T NOTICE :) I AM EXPECTING A
DOWNWARD CONTINUATION AFTER THIS REVERSAL
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ALSO SEE PREVIOUS ANALYSIS ON THIS PAIR
long at 1.5048 to target 1.5120 =72 pips before monday nightoversold so much
need a egit pullback 72 pips is a minimum to next resistance
EURCAD - DAYTRADE ENTEREDHey folks,
We have now entered EURCAD buy based off a 1H 50 Bounce ( first pullback to the 50 EMA after 13/50 cross):
Price @ 1.52316
SL @1.52116
TP @1.52516
1/1 RR
1% risk on this position
Keep in mind, if price CLOSES BELOW 13 EMA we're going to take a scratch and close the trade!
Confluences:
- 13/50 cross
- 25-50 pip pullback
- Market Baseline (yellow line) above the midline
Inverse Head and Shoulder BREAKOUT!!We closed a daily candle above the inverse HS for confirmation. Make sure risk/reward is 2:1 or higher
EURCAD analysis!strong resistance above going short
Sell @ 1.5135
TP @ 1.4805 +340 pips
SL @ 1.5219 -72 pips
long at 1.5215 for 1.5290 i am long on eurcad for 2 taget
first 1.5260 and secon 1.5290
i will go in 2x 1lot in case if not go 1.5290
first lot will be cut at1.5260 and the second will made a SL at the entry point for secure loss and benefit
EURCAD Taking support in uptrend ChannelEURCAD is in uptrend since 29th June and now at good buy level. I am expecting to go price near to 1.53000-1.53500 zone for good risk reward ratio.
