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Eurcadlong

EURCAD > Simple Pattern, Possible 160 Pips Move!!Analysis on #EURCAD Hello friends. In this market we have a possible head and shoulders pattern might break the neckline soon so I am waiting for confirmation once the price close above 14850 to start getting in a long trade targeting the next resistance. if we break this level we will a confirmation and a big range of almost 160pips to trade with Kindly leave a comment and like these ideas, if it helps you, it will support the creating of more free ideas for you Check today analysis below⠀ >>It’s not what we do once in a while that shapes our lives. It’s what we do consistently. ____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Long
by TheTradersAvenue
EURCAD longPrice had a a strong bullish sentiment after making higher lows and breaks in market structure. We see clear higher highs followed by higher lows. Further confirmation of Bullish momentum by the bullish engulfing we see in this candle. Whether or not it broke my Golden zone it’s definitely closed over the 61.8% Fibonacci extension. looking for a healthy retracement back onto the support before heading into the direction it came from a week ago. (Seems like a reversal.) Taking a long position expected to last a couple of days. Tp and SL indicated in the chart.
Long
by STRXNGEWEATHR
EURCAD, daily tf, elliott wave forecast of wave-IV and wave-VAs you can see price completed wave-III with the all 5 sub waves. I assume wave-III is completed because waves-5 stopped exactly at 127.2 fibonacci of wave-4. Notice also it hit the support of this downward channel and bounce back up. For now, i think we could see upwards movement to complete wave-IV before another leg to the downside. Buy EURCAD 1.4630-40 Stop loss 1.4530 Take profit 1.5130 (5R) Use only 1-2% risk Good luck After we complete the upwards movement we will then sell again this pair. The target for this pair sell positions is not determined yet because it will be depend on this wave-IV correction length. For now we will assume that wave-IV can retrace towards 50% fibonacci level. As for our stop loss it will be at wave-I area. We will update when we start selling this pair.
Long
by HayatoDragonFX
EURCAD: possible LONG setup on DailyHi Traders, This is my view on this cross for the next few days. #EURCAD Wait for the bullish environment to be confirmed, the structure to be broken and retested. After that, you can go Long BUY 1.50530 SL 1.488 TP 1.54 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Long
by kitchen_trading