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EURCAD

💡EURCAD Second Chance: Profit=885 SL=60 Reward/Risk > 14.7:1Second Chance Trade Setup summary: Profit targets=885 = {TP3= 90 + TP5= 325 + TP6= 470} Stop Loss =60 Reward/Risk > 14.7:1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.5520) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP3= @ 1.5430 TP4= @ 1.5195 TP5= @ 1.5050 SL= Break above 1.5540 -------------------------------------------------------------------------------------------------- Current Status of First Sell: Total Profit: 640 Closed trade(s): 190 Profit Open trade(s): 450 Profit Trade Setup: We opened 5 Sell trade(s) @ 1.5640 based on 'previous Forecast' at 10.07.2020: Closed Profit: TP1 @ 1.5570 touched at 10.08.2020 with 70 Profit. TP2 @ 1.5520 touched at 10.08.2020 with 120 Profit. 70 + 120 = 190 Open Profit: Open trade is 1.5490 (current price) - 1.5640 (open price) = 150 3 trade(s) still open, therefore total profit for open trade(s) is 150 x 3 = 450 Technical analysis: . EURCAD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
6
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
8
Don't miss the great buy opportunity in EURCAD Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.5670). . 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 74. Take Profits: TP1= @ 1.5750 TP2= @ 1.5828 TP3= @ 1.5978 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
15
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
8
EURCAD Update: Profit=14520 SL=3200 Reward/Risk > 4.5:1 Trade Setup summary: Profit targets=14520 pip (620 + 1480 + 2420 + 3350 + 6650) Stop Loss =3200 pip Reward/Risk > 4.5: 1 Current Status: Total Profit: 3740 pip Closed trade(s): 1260 pip Profit Open trade(s): 2480 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.5784 based on 'previous Forecast' at 2020.08.06 : Closed Profit: TP1 @ 1.5658 touched at 2020.08.10 with 1260 pip Profit. Open Profit: Profit for one trade is 1.56580(current price) - 1.5720(open price) = 620 pip 4 trade(s) still open, therefore total profit for open trade(s) is 620 x 4 = 2480 pip 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 29 . New Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.5720) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP1= @ 1.5658 TP2= @ 1.5572 TP3= @ 1.5478 TP4= @ 1.5385 TP5= @ 1.5055 SL= Break above 1.5784 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
10
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
10
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
Don't miss the great buy opportunity in EURCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.5253). 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 67. Take Profits: TP1= @ 1.5326 TP2= @ 1.5393 TP3= @ 1.5448 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_EU
6
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
Long
by ForecastCity_EU
12
Don't miss the great buy opportunity in EURCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.5218). 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 49. Take Profits: TP1= @ 1.5340 TP2= @ 1.5490 TP3= @ 1.5650 SL= Break below S2
Long
by ForecastCity_EU
3
There is a possibility for second chance to buy in EURCADTrading suggestion: If the Midterm level 1.5050 is broken, we will close open trades. Price may also reach 1.5050, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to OUR STRATEGY , and depends on personal strategies. Midterm forecast: While the price is above the support 1.5050, resumption of uptrend is expected. We make sure when the resistance at 1.5990 breaks. If the support at 1.5050 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.5050 is broken. Technical analysis: A trough is formed in daily chart at 1.5050 on 04/30/2020, so more gains to resistance(s) 1.5640, 1.5815 and maximum to Major Resistance (1.5990) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 57. Trade Setup: We opened 7 BUY trade(s) @ 1.4798 (day close price) based on 'Valley' at 2019.08.23 signaled by our Daily Trading Opportunity : Total Profit: 3457 pip Closed trade(s): 2115 pip Profit Open trade(s): 1342 pip Profit Closed Profit: TP1 @ 1.4860 touched at 2020.02.28 with 62 pip Profit. TP2 @ 1.4970 touched at 2020.03.03 with 172 pip Profit. TP3 @ 1.5195 touched at 2020.03.06 with 397 pip Profit. TP4 @ 1.5440 touched at 2020.03.09 with 642 pip Profit. TP5 @ 1.5640 touched at 2020.03.09 with 842 pip Profit. 62 + 172 + 397 + 642 + 842 = 2115 pip Open Profit: Profit for one trade is 1.5469(current price) - 1.4798(open price) = 671 pip 2 trade(s) still open, therefore total profit for open trade(s) is 671 x 2 = 1342 pip
Long
by ForecastCity_EU
4
Don't miss the great sell opportunity in EURCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.5670). 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 50. Take Profits: TP1= @ 1.5525 TP2= @ 1.5330 TP3= @ 1.4975 SL: Break Above R2
Short
by ForecastCity_EU
2
Don't miss the great buy opportunity in EURCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4592). 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 70. Take Profits: TP1= @ 1.4937 TP2= @ 1.5205 TP3= @ 1.5637 SL= Break below S2
Long
by ForecastCity_EU
4