For short Term Use minimal stoploss to avoid huge loss. Before entering the trade do your own research
This is for short term. Before entering the trade do your own research.
If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not...
eurcad buy setup found eurcad buy setup found eurcad buy setup found eurcad buy setup found eurcad buy setup found
eurcad sell 1:8 risk ........ all the best................
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!
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!
EURCAD Short Risk/Reward: 1:4 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
I can see this as a perfect buy position, This trade can take up to a year to touch the TP
analysis mentioned on the chart.
EURCAD MOVING TOWARDS RESISTANCE WHAT CAN HAPPEN.....???? RED LINE : IF VOLUME IS HIGH THEN IT WILL BREAK THE RESISTANCE AND NOW WAIT FOR RETEST AND THEN.. GO LONG @ 1.55600 WITH STOP LOSS @ 1.55270 TAKE PROFIT @ 11.56600 GREEN LINE : IF VOLUME IS LESS AND FAIL TO BREAK THE RESISTANCE THEN GO SHORT @ 1.55550 WITH STOP LOSS @...
EURCAD Currently in Resistance Zone ..What we can expect..... 1) RED Price break the resistance level and move downwards for correction and NOW resistance zone act as Support Zone then GO LONG @ 1.55150 Take Profit @ 1.56280 2) BLUE Price fails to break resistance and return to Support Zone and then it make a move towards resistance ... ...
EURCAD - Retracement on support' and resistance levels and targets
Trading 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....