Eurcadsell
EURCAD SELL UPDATEIF U DIDN'T NOTICE :) I AM EXPECTING A
DOWNWARD CONTINUATION AFTER THIS REVERSAL
LIKE, FOLLOW AND COMMENT
ALSO SEE PREVIOUS ANALYSIS ON THIS PAIR
EURCAD Weekly Forex Forecast 23rd September To 28th SeptemberMidterm forecast:
While the price is above the support 1.4800, beginning of uptrend is expected.
We make sure when the resistance at 1.5360 breaks.
If the support at 1.4800 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
There is a divergence in RSI and price between the trough at 1.49165 on 2018-05-30 and the trough at 1.47985 on 2018-08-15, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI bounced from the support #1 at 47 and it prevented price from more losses.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 52.
EURCADEURCAD SELL
En zona de reversión.
Esperar a confirmación de pullback.
Vender
EURCAD
Entrada:
1.51950
Target 1.
1.51430 (50 Pips)
Target 2.
1.51000 (90 Pips)
SL: 1.52180 (-25 Pips)
EUR/CAD is in a good point for a short swing tradeEUR/CAD is offering a good entry point for a short swing trade.
FX:EURCAD
EURCAD analysis!strong resistance above going short
Sell @ 1.5135
TP @ 1.4805 +340 pips
SL @ 1.5219 -72 pips
EURCAD Channel break down
Note how the daily candles are respecting the EMA50 and also testing the upward channel after the break. There is enough protection to go with this trade...
Also note the divergence on the H4
EURCAD - Swing short ideaEURCAD daily chart has printed a nice rejection candle at daily resistance and 38.2 retracement fibonacci which suppose to be a new lower high.
EURCAD Setting Up For A ShortThe larger time frame suggests that there is more downside to come on EURCAD. The current corrective structure has broken and I await the break of the smaller flag formation. This could come in the form of 3 or 5 waves as indicated.
Contact me via direct message for any assistance required
Happy trading!
Linton
EURCAD SHORT IDEAON THE WEEKLY, PRICE HAS BROKEN OUT OF AN ASCENDING CHANNEL AND IS CURRENTLY RETESTING THE LOWER TRENDLINE FOR A BIGGER SHORT MOVEMENT.
EURCAD Taking support in uptrend ChannelEURCAD is in uptrend since 29th June and now at good buy level. I am expecting to go price near to 1.53000-1.53500 zone for good risk reward ratio.
EURCAD Sell Trade IdeaEURCAD Sell Trade Idea:: SL and TP on the Chart:: This Is A Nice Sell Opportunity To Look For Sell Set-Ups (Setting Up Nicely For A Long Term Trade). This Can Also Act As A Nice Entry ((But For A Quick Profit))
#eurcad ready for sell with high lot check this out and earn money with us
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EURCAD - SHORT - SWING SETUPEurcad - Weekly chart - bold call on this pair for a big swing down, although monthly chart looks neutral.
Posible Entry for SELL #EURCADwe can have a possible entry for sell at 1.54470, we need to wait the high lows to confirm the trend change, and the pullback at the end.
