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Eurcadlong

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
by mysqlerror
1
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. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
EUR/CAD - Simple Support and Resistance tradeHey, I am back with another Forex Idea, this time looking at EUR/CAD. I will be using the Support and resistance strategy for this trade. I reccomend to long this pair at area of 1.50750 to 1.51000, the higher your entry will be, the less Risk reward you will have, but also a higher chance of being filled, I will rather not be filled than having a bad risk reward ratio, but this time the risk reward ratio is very high so you can base your Entry even above this "Long entry area". Don't forget to set up your Buy Limit to not miss out on this signal. Don't forget to follow me, to not miss out on a good trade opportunities😉 Each Like is very much appreciated! 🙌 If you have any questions, feel free to ask.
Long
by TiborVrbovsky