Eurcadlong
EURCAD, 4hr tf, inverted shouders head pattern Right now we could see EURCAD making an inverted shoulders head pattern on 4hr time frame.
Price also broke through the neckline and right now i see a retest of this neckline. There is also a structural area around it where it acted as resistance before.
Buy position can be taken at this retest for a potential upside.
Buy EURCAD 1.5340
Stop loss 1.5260
Take profit 1 @1.5420
Take profit 2 @1.5500
good luck
EUR/CAD Update +200 Pips And New Setup Is Available EUR/CAD Update +200 Pips And New Setup Is Available
EurCad outlookFor more than two and a half months EurCad is trading in a 300 pips range, with a support at 1.51 and a resistance at 1.54 zone.
Now the pair seems to build upside momentum and a break looks imminent.
In this eventuality, EurCad could and should accelerate up and the target could be 1.58 in the medium term.
In my opinion, dips should be bought
EURCAD AnalysisPeace, mercy and blessings of God
The pair has exited the channel as noted
In case the price closes above 1.54113 we will see the target exactly 1.56336 at 61 Fibonacci
But in the event that the price broke 1.52738 and closed below it, we will see it again inside the descending channel, and its first targets are at 1.50488
Beyond the latter, we will see the second target at 1.47926
Buying or selling depends on 1.54113 resistance and 1.52738 support
We ask God for success
EURCAD Update +160 Pips EURCAD Update +160 Pips We Want A Confirmations To Continue To The Last Target
EURCAD Outlook | Long SetupEURCAD currently retesting the roof of the ascending parallel channel and the previous level of resistance. Should we see a rejection from here I will be looking to enter longs on a pullback towards the 0.5-0.618 area of Fibonacci retracement, and set TP target to the outer 0.618 fib level in correspondence to our respectable descending trendline.
EURCAD #Swing #Long #Euro #CanadianLong Idea for a possible EURCAD swing on the daily chart.
Utilise a lower timeframe to fine-tune your entry.
R/R = 10%
Good luck!
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.52195 where it could potentially rise further to 1.52373.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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 Bat pattern Since the rally is huge selling , might expect some good Retracement from institution please enter after price reversal in lower time frame 1.51300 is potential reversal zone
EUR/CAD: New Entry With Great Pips To Catch Don't Miss It!New Entry With Great Pips To Catch Don't Miss It!
EURCAD BULLS LISTEN UPEURCAD Looking for potential buy after the bullish confirmation from price breaking out from a falling wedge candle stick pattern.
POTENTIAL LONG OPPORTUNITY ON EURCADPrice is currently at a point of support where we may see price push bullish to meet our target level. Divergence is evident. Do not risk more than 2% of your equity
