Eurcadlong
CHECK THIS EURCAD LONG!!!Hey Boys and Girls, EURCAD is setting up nicely here.
Weekly: We have a nice upward trend happening, that's bouncing off previous structure resistance turned support
Daily: We are bouncing off the monthly support, we also have a pretty wide gap on the EMA's, which indicates a clear push to the upside is inevitable.
4HR: This is the sauce, price has broken through resistance that was tested multiple times, now we wait patiently for a pullback to around the 1.49040 mark to enter.
EUR/CAD | Potential Upward Movement 🚀 🚀 🚀 Technical Analysis:
The price is trading inside a bearish channel formation, but it managed to break it to the upside by leaving behind an inverse head and shoulders. This led to a reversal and then a move upward where we expect a lower correction to the neckline of the head and shoulders and then a rally toward the 1.5056 USD level.
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Trade Idea:
Buy Limit Order @ 1.4914
Take Profit @ 1.5056
Stop Loss @ 1.4849
Trade Safely 🙂
EUR/CAD High Probability To Reach the 1.5063 USD Level 🚀🚀🚀💡 Trade Idea
📈 EUR/CAD | Buy Limit Order @ 1.4914
🎯 Target Profit 1.5056
🛑 Stop Loss 1.4849
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear downtrend before reversing by posting an inverse head and shoulders around the 1.4796 USD level. The price started to move upward and then entered a bullish flag formation where it managed to break it to the upside. Our expectation now is a lower correction and then move upward to the 1.5063 USD mark.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
EUR/CAD New Trade 1:5 R:RThis 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 trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
EURCAD 4H TIMEFRAMEWelcome to BittuFX - Trading 🎯
EURCAD 4H TIMEFRAME!
EURCAD BUY - 1.48210
🎯TP - 1.48420
🎯TP - 1.48710
🎯TP - 1.49210
📈SL - 1.47953
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EUR/CAD Might Be See Around The 1.4852 USD Mark 🔨🔨🔨💡 Trade Idea
📉 EUR/CAD | Sell Limit Order @ 1.4914
🎯 Target Profit 1.4852
🛑 Stop Loss 1.4940
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear downward movement before posting a correction count in a form of a pennant. We are expecting a breakout of this pennant to the downside and a continuation of the main trend to the downside toward the 1.4852 USD mark.
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Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️