💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3090).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 1.3221
TP2= @ 1.3307
TP3= @ 1.3398
TP4= @ 1.3526
TP5= @ 1.3768
SL= Break below S2
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EUR-CAD
💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 71.
Take Profits:
TP1= @ 1.3548
TP2= @ 1.3588
TP3= @ 1.3637
TP4= @ 1.3696
TP5= @ 1.3758
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3655).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 63.
Take Profits:
TP1= @ 1.3767
TP2= @ 1.3845
TP3= @ 1.3979
TP4= @ 1.4072
TP5= @ 1.4233
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4358).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 1.4486
TP2= @ 1.4555
TP3= @ 1.4646
TP4= @ 1.4761
TP5= @ 1.4826
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4277).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.4387
TP2= @ 1.4465
TP3= @ 1.4547
TP4= @ 1.4643
TP5= @ 1.4732
SL= Break below S2
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EURCAD weekly analysis 📈Read the chart thoroughly, let me know your thoughts.
Potential up movement is expected from EURCAD since cot data shows eur is up by 10k and cad is down by 3k if this week closes at same conditions then next week this pair can be capitalised.
Stay notified for perfect entry next week.
All The Best!
EURCAD Sell Next Week (300+ pips) 📉Condition:-
1. Price reached monthly/weekly/daily resistance level
2. Price reaching previous demand area
3. Monthly price reached 0.382 Fibonacci level
4. COT - 1. EUR ⬆️ 2. CAD ⬇️
Entry:-
1. All the important prices are labelled in the chart
2. Study the chart precisely
3. Enter on 4hr
4. Enter when MACD and 10&20 ema go down
ALL THE BEST!
💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.4841
TP2= @ 1.4863
TP3= @ 1.4894
TP4= @ 1.4914
TP5= @ 1.4955
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4768).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.4788
TP2= @ 1.4823
TP3= @ 1.4862
TP4= @ 1.4913
TP5= @ 1.4949
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.468).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1.476
TP2= @ 1.482
TP3= @ 1.489
TP4= @ 1.494
TP5= @ 1.499
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.46934).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.47855
TP2= @ 1.48397
TP3= @ 1.48955
TP4= @ 1.49463
TP5= @ 1.50572
SL= Break below S2
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💡 Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5363). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 1.5490
TP2= @ 1.5565
TP3= @ 1.5665
TP4= @ 1.5735
TP5= @ 1.5825
SL= Break below S2
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💡 Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 1.5580
TP2= @ 1.5526
TP3= @ 1.5450
TP4= @ 1.5370
TP5= @ 1.5280
SL: Break Above R2
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Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.567). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.5570
TP2= @ 1.5520
TP3= @ 1.5430
TP4= @ 1.5195
TP5= @ 1.5050
SL: Break Above 1.574
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Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5535). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.5645
TP2= @ 1.5700
TP3= @ 1.5752
TP4= @ 1.5826
TP5= @ 1.5980
SL= Break below S2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5615). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.5575
TP2= @ 1.5530
TP3= @ 1.5487
TP4= @ 1.5436
TP5= @ 1.5390
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5784). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 1.5658
TP2= @ 1.5572
TP3= @ 1.5478
TP4= @ 1.5385
TP5= @ 1.5055
SL: Break Above R2
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Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5435). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 1.5535
TP2= @ 1.5585
TP3= @ 1.5710
TP4= @ 1.5815
TP5= @ 1.5990
SL= Break below S2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5192). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 68.
Take Profits:
TP1= @ 1.5246
TP2= @ 1.5305
TP3= @ 1.5432
SL= Break below S2