EURCAD SHORTwith this NAFTA and Tariff outta way and EC outta the wedge..this one has the potential to go back all the way to 1.55
Eurcadforcast
short at 1.5955 to target 1.5865 = 90pipsi short eurcad because he is much overbought and also cad underperform so much
EURCADCounter Trend Trade. My idea is to trade the pullback at least to the first bear fractal on the 4H chart. Daily chart shows a big bullish candle and the price may still goes up touching the top line of the resistance level. My psychological resistance level is based on the resistance level in 2016 previously. Why I take this trade is because the inverted hammer is a strong indication of reversal especially when it is on the support and resistance level. Be mindful that counter trend trade is a lot more risky than trading with the trend. This may also be a bear trap. Let see how it goes :)
EURCAD H1 Long IdeaPending Long @ 1.5480
Stop Loss @ 1.5400
Target @ 1.5650
RR Ratio @ 2.12
Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
Short at 1.5445 for target 1.5370 =75 pipsShort eurcad due to overbought in many time frame and also EUR Outperform compared tp all the data that he got this mast days especially for Inflation.
And cad i think he little underperform all currencies
so i make this trade in short for a small legit pullback
enter at 1.5445
target a pull back to 1.5370 but can go more deep,but i prefer stay on this cluster target..
gains 75 pips
2 x 1 lot like all time
will cut the first at +35-45 pips and make a SL on the "nd lot at +20 pips for secure all gains
EURCAD ShortEURCAD has been forming Lower Lows and Lower Highs and has retraced to the 61.8 Fib in the 4hr time frame great opportunity to go short
EURCAD LONGPrevious resistance becomes support and 0.618 fib has been tested on the daily time frame. great opportunity to stay long on EURCAD.
Short at 1.5251 target 1.5100 sl 1.5315i SHort the eurcad i found cad is undervalued and i see nor eason why eur still strong
the eu cpi was just in line with expectation and core cpe missed expectation
2 ifo this morning was bad..he up just because of risk sentiment and speculation same as gold
short at 1.5251
target 1.5133
sl 1.5315
gain 152
SL =64
EURCAD Trend Continuation, Strong Impulse in ProgressHi there,
We have completed the regular flat and are now starting the next impulse. My trade would be on the 1H time frame (or even lower) once another flat forms in order to get into the buy (2nd position). First position was at the bottom of the structure.
I am now expecting the next big impulse up, except something changes drastically in the structure.
MisterRay
short at 1.5030 for target 1.4950 (80pips)overbought +rsi bearish divergence
short 1.5030
target 1.4950
gain 80 pips
long short term on RSI bullish divergence enter at 1.4775 i see abullish Rsi divergence in h1
he is oversold in h4
CAD got power on a Saudi topic and the big bullish WTI,Brent
but i think he will habe a pullback as also wti and brent are overbought and the reality will come after speculator.
enter at 14775
target 1.4870
gain 105 pips
EURCADEURCAD. Opened a sell trade at 1.4571. Looing for a nice downtrend with this pair after the breakout. First TP 1.44 Level and SL at 1.463 (et yours at around that level)
EURCADOur preference: lighten as long as 1.4707 is stopper with 1.4491 as objective.
Alternative scenario: the overflow of 1.4707, will validate an increase over 1.4785 and 1.4832.
Comment: The RSI is below its neutral zone of 50. The MACD is positive and below its signal line. The MACD must press the zero line to confirm a continuation of the drop. In addition, prices are below their moving average (1.4649) but above their moving average 50 (1.4621).
EURCAD More Drama On The WayThings dont look over yet for the bearish trend on EURCAD at the weekly time frame. Expect more bearish downwards movements the next weeks.
And lower range has been broken and it has opened the way for at least a 400 pip fall. This ofcourse, is on the weekly time frame. so on the daily, 4h and 1h time frames there will be plenty of retracements up that you can buy for a few pip. But with this strong sell set up the best advice that I can give is to enter a decent sell position and add more a long the way down.
EURCAD Short EURCAD .Waiting for a close outside this range (around 1.4495 level) then I am selling this pair.
EUR/CAD - 300 Pips Opportunity ShortEUR/CAD is currently in a bearish trend and can extend it's loss 300+ more pips down.
This is definititely a trade opportunity to keep an eye on.
As always, money manage properly and invest only after your own analysis.
Happy Trading!
EURCAD Fly To The Moon SetupEURCAD on the 4 hour time frame is shaping up for a very nice buy setup. The range is shaped like a bullish wedge and the Stoch indicator made a bullish cross over. When it breaks out of this wedge we will see a very very nice green wave up.
tp: 1.4960
sl: 1.4690
