Eurcadlong
EURCAD ANALYSISEURCAD ANALYSIS
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EURCAD - SWING - 19. JANU. 2021Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Bullish price action after previous support zone was hit.
4 HOUR
Overall bearish market about to turn..
DAILY
Great long entries, price about to jump up.
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.54360
SL @ 1.53490
TP @ 1.55620
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCAD bullish flagAs we can see a regular bullish flag in H1 chart. and upper trendline.
So we expect a fakeout near trendline before short term fall.
EURCAD HammerEURCAD has arrived to a support zone at 1.535, and formed the hammer pattern on the daily chart on the last day of the week. Here the price can break this support and fall to the next support around 1.5, or the price will turn around and continue the sideway moves between 1.535 and 1.575
EURCAD/ LONGFX:EURCAD
S/L 1.53433 - T/P1 1.55375 - T/P2 1.55911 - T/P3 1.56659 - T/P4 1.57380 - T/P5 1.57858
EURCAD price testing monthly support may rise for 1.5490 & 1.553Eur 13k long positions increased by professionals by last week, Commercials increased shorts 14k by last week. Eur long% increased 3% by last week. Professionals increased 2k shorts in Canadian, while Commercials increased 4k shorts in this week.
Price making lower low and lower high on daily time frame. but due to support around 1.5380-36 may suspect correction upside.
EURCAD, Retesting Support, LongEURCAD, Retesting Support and continue Bullish uptrend! Trade when the Price action Tells!
EURCAD ( LET'S OPEN THE NEXT WEEK WITH EURCAD)looking for buying as long as price has tested the support
EURCAD Trade Plan - Waiting for Buying OpportunityPlease don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Bullish Bat PatternEURCAD BULLISH BAT PATTERN
Market Buy Order Set Up.
Buy Entry: (1.54168)
Take-Profit 1: (1.55573)
Take-Profit 2: (1.56441)
Stop-Loss: (1.53354)
Max Risk-Reward: (2.79)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EURCAD: Diagonal pattern is over,
The pattern has finished in the range of 1.5461, the first confirmation for the buy order will be received when, the price crosses the range of 1.5592 . Also by crossing the price from the range of 1.5310, this analysis will be violated. The potential volume of target for the uptrend is too high and around 500 pips.
EUR/CAD could move UP!Hey tradomaniacs,
Euro getting stronger as expected!
Next opportunity I see is that EUR/CAD could retrace back to its current Trendline if we see momentum above the resistance of the support-zone👉
The market, especially stocks and indicies are very choppy and boring to watch, which is why taking trades in this enviroment involves higher risk!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURCAD 1H TIMEFRAME ANALYSIS (BUY) The price is trading below the lower RSI line, near the lower Bollinger bands line and near the lower channel line. Therefore we anticipate for a strong bullish power into this level as shown on the chart.
EURCAD - SWING - 11. JANU. 2021Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Very bullish pressure and price action.
4 HOUR
Expecting more upside, price broke above main sr level.
DAILY
Weekly intervals indicating more bullish momentum..
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.55680
SL @ 1.55060
TP @ 1.56590
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCAD Long AnalysisHey traders, here is the analysis for the EURCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
