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Eurcadsell

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by fxstargroup
2
EURCAD - SETUP - WEEKLY CONTINUATION - 16 MAYWELCOME TO DACAPITAL TRADING!! EURCAD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Bearish explosion and close below previous week low, expecting further drops. DAILY Strong Seller pressure over last few weeks, we follow this price action. WEEKLY 8 out of 9 last Weekly Candle closed bearish. LEVELS SHORT @ 1.51276 SL @ 1.52324 TP1 @ 1.50156 TP2 @ 1.49636 TP3 @ 1.49128 Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.! Enjoy our limited Free Content and Setups, leave us a like and Comment!! DACAPITAL TRADING
Short
by DACapitalTrading
EURCAD double top formation followed by a major downfallHi guys, Looking at this 1 Day chart, we can see there was a double top formation and the chart has started to go on a downtrend reversal. Hence, i believe this trade go down to the 0.618 level before next the consolidation period and based on the previous downtrend back in 2016, we can expect another pullback before further downtrend. T/P at 1.5115 S/L at 1.6110 R:R 1.8 Please don't trade more than 2% of your capital Hope you earn some profit from this idea Cheers!
Short
by jtanum
EURCADCounter Trend Trade. My idea is to trade the pullback at least to the first bear fractal on the 4H chart. Daily chart shows a big bullish candle and the price may still goes up touching the top line of the resistance level. My psychological resistance level is based on the resistance level in 2016 previously. Why I take this trade is because the inverted hammer is a strong indication of reversal especially when it is on the support and resistance level. Be mindful that counter trend trade is a lot more risky than trading with the trend. This may also be a bear trap. Let see how it goes :)
Short
by bradsuccess