Eurcadsetup
EURCAD: FALLING WEDGE PATTERN.Thanks for Taking Interested in my Trading Idea.
EURCAD: FALLING WEDGE PATTERN.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
EURCAD expecting higher bulish continuation technicaly based
ENTRY: 1.51450+-
TP: 1.52200
TP2: 1.52900
TP3: 1.53600
SL: 1.50600
Chart time frame - 1W
Time for reaching TP - 1-2W
Follow, Like, Share or Comment
Thanks on supporting!
All best!
EURCADBig old swing trade here. Massive liquidity zone here, looking for rejection to take a short down to the -61.8.
6 month swing trade
1150 PIP GAIN
RR 14/1
Short Setup EUR/CADAfter the this insane madness up move I expect a fall to 0.5 fibo area
One confirmation is the fact that the RSI is overbought + it is that in a key resistance area .
Takeprofit at 0.5 fibo gives us a nice risk:reward.
EURCAD Looking At A ShortEURCAD Looking At A Short
1. 25 -2- Life Fibs Set Up
2. Awaiting the break of the trend then retest before moving back up into the 25% Fibs Zone to retest for the Sell Limit
What Do You Guys Think........?
Drop Your Comments Below..........
EUR/CAD is likely to go deeperEUR/CAD, in our mid-term look, is about to go deeper and we take our positions.
Entry: 1.461
Stop: 1.473
Target: 1.442
ECB PUSH EURCAD ?Hi Traders , so ECB news will be out soon. I expect that EUR currency will be strengthen or push up high for short term as 25 FEBUARY UK-EU MEETING FOR BREXIT TRADE NEWS. Just some simple setup for EURCAD. All the best to all traders .
PLEASE USE GOOD MONEY MANAGEMENT !!!
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Nice push to the upside looking good. If we can maintain bullish momentum then we may sustain outside of the previous broken consolidation. We need to be cautious for fakeouts. It would be nice to see a clean pullback and see previous resistance hold as support.
EURCAD - LONGI see the price is forming a strong support zone in the same level. This refers that this support zone is potentially strong for a short term.
Moreover, there were 3 occasions where prices reversed at RSI around 40. Hopefully, this time the price will be reversing and go up trend in a short time again.
Cheers,
Trade with care
EURCAD approaching support, potential for a further rise!
EURCAD approaching support at 1.44953 where it could potentially rise further to 1.46085.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD reversed from resistance, potential drop!
EURCAD reversed off its resistance at 1.46172 where it could potentially drop further to 1.45315.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Strong Buy EURCADExpecting pair to gain momentum until end of this month. Also OPEC oil production cuts begin in January 2020, so there is plenty of time for Loonie to depreciate.
Trade duration: 12-14 days. Tight SL.
More ideas in my profile.
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Looking bullish right now, but we have failed to push above resistance multiple times. We need to see how price reacts at the current resistance. If we see a strong break above we could see a bigger move to the upside, that being said if we fail to break above resistance again and we see a hard rejection we could completely melt to the downside. EC is definitely at a make it or break it level right now. Watching very carefully.
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
EURCAD is also on our watch list. Right now EC is currently resting on a make it or break it level so we need to wait patent to see if we are going to start climbing to the upside or if we are going to see a strong break and close below the trend line giving us the bearish pressure needed to push down to retest key levels of support. Looking very good keeping a close watch on EC.
