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Eurcadshort

EURCAD, 4hr tf, sell on broken trend line retestHello my friends, There is another setup i just found which is EURCAD pairs. Before i start, if you find this post useful, please give me a like and follow me for my next update. Price currently moving inside a downward channel and price was rejected at upper line touch. There is also horizontal support which has been broken and I am now preparing to sell this pair. I am gonna sell on the retest of trend line so we could get a better RR ratio. There is possibility the previous upwards movement was a bearish flag. The measured objective of this bearish flag target is at 1.5320. Sell EURCAD 1.5550 Stop loss 1.5600 Take profit 1 at 1.5430 (2.4R) Take profit 2 at 1.5330 (4.4R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
EUR/CAD SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. EUR/CAD: Daytrade-Execution Note: keep your risk low in this market. pretty slow and in waiting mode! Sell-Stop: 1,55450 Stop-Loss: 1,55920 Target 1: 1,55045 Target 2: 1,54740 Target 3: 1,54295 Stop-Loss: 46 pips Risk: 0,5% - 1% Risk-Reward: 2,54 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
EURCAD - BEARISH BIASEUR - BEARISH 1️⃣ Europe has been hit hard by the second wave of the coronavirus, becoming the second region after Latin America to surpass 250,000 deaths on Saturday. 2️⃣ German IFO declined as businesses grow more nervous with virus cases on the rise. 3️⃣ Main focus this week is ECB who is widely expected to be dovish as new restrictions curtail economic activity. CAD - BULLISH 1️⃣ A modest uptick in crude oil prices (now up nearly 1% for the day) underpinned the commodity-linked currency. 2️⃣ Investors will keep an eye on the Bank of Canada’s monetary policy decision later this week. ===== TECHNICAL ===== - We're looking to sell this pair on SBR level + SMA50 area on H1 chart.
Short
by MonsunAsia