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Eurcadshort

EURCAD - SWING - 18. AUGU. 2020Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Bearish market open and pressure. 4 HOUR Overall bearish market structure, expecting more downside. DAILY Great short entries, prices high in our opinion. - FOREX SWING SELL EURCAD ENTRY LEVEL @ 1.57050 SL @ 1.57730 TP @ 1.55990 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
18
EURCAD H1 SHORT PRICE ACTION FORECAST After the false breakout from the resistance level and retest of the descending trendline, price action is under a clear bearish momentum, getting back into the channel pattern. Expecting that the price heads towards the support level from the channel allow the setup of a short position with the following features. The order: Type: sell-limit S/L: 25 pips - R:R | 1:2.5 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURCAD short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **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
Short
by GWBFX
EURCAD SELL at 1.56450 SL 1.56950 TP 1.55250The EURCAD chart H4 time frame we see bullish momentum starting from 6th July and reached its recent high on 31st July near the price at 1.59780, then EUR losing it's bullish momentum and CAD start gaining against EUR. We also see on the H4 chart EURCAD just breakout its new critical support level at a price near 1.56580 8th August. We expect more down within a couple of days, so we are going to short on EURCAD from 1.56450 with a tight stop loss at 1.56950, and our target level will be at this price of 1.5525.
Short
by PipsWin-com