Eurcadlong
EURCAD A1 Long C Grade (Idea)Another trade today with the same problems we saw earlier and have been seeing throughout this week. These problems being inside the asia range and having an over extended entry candle. This has saved me money countless times to avoid these trades and I will continue to do so.
Wait for buy signal in the asending channel with EURCADH2 time frame.
Structure: Ascending channel.
The price is currently at the confluence between the uptrend line and the support at 1.48600.
Waiting for the price to confirm the bullish signal, it is possible to enter a buy order to continue with the ascending channel of EURCAD.
The profit target is the 1,50000 zone.
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Wish you all have a good trading day!
Buy EURCAD - 280+ PIP - Low Risk - Good Risk:Reward ratioEURCAD has now a candle closed (4H TF) at the bottom of the bullish trend. As we have anticipated previously, a long entry would be appropriate now with a good R:W.
TP1: 1.5038 (180+ PIP)
TP2: 1.5167 (280+ PIP)
SL1: 1.4760
SL2: 1.4822
Long-term outlook: In weekly timeframe I'm seeing a XABCD setup having the price currently at C location. Therefore, EURCAD is expected to rise up to 1.64 in long-term.
NOTE 1: Use low leverage.
NOTE 2: Be careful with your SL. SL hunters are watching you 😉
EUR/CAD Long Setup To Catch More Than 200 Pips For Free !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
✅✅ EURCAD LONG ✅✅What we see on EURCAD is quite clear and nice, price bouncing between two trendlines,
And for now we are in really strong area which you can see as gray rectangle
❗️ 1st lets wait for price to close above our support then set this order ❗️
2nd: set our 1:5 order and fly with the price
⚠️Take Max 1% of your capital on this trade⚠️
Lets see how price respects our each scenario
👇🏻👇🏻👇🏻 Any question comment bellow 👇🏻👇🏻👇🏻
GOOD-LUCK EVERYONE
Wait for confirm and buy signal with EURCADH4 time frame.
Structure: Uptrend.
Break Key level downtrend - retracement.
Wait for confirm uptrend and buy signal.
Target is next resistance at 1.51000.
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Wish you all have a good trading day!
#EURCAD potential for moving buy-side!#EURCAD Price is trading in the demand zone and we got the price rejection and bullish harami candlestick formed once the price close above the candlestick its possible to moving next resistance level 1.48942
Why we like it:
price trading in demand zone
bullish harami Candlestick Formation
Watch the candlestick close
1st Resistance:
1.48942
Next supply area & horizontal swing high resistance
2nd Resistance:
1.49103
Next supply area & horizontal swing high resistance
1st Support:
1.48598
Next demand area & horizontal swing low resistance