EURCAD.1.MINI trade ideas
💡 Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5495). 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 66.
Take Profits:
TP1= @ 1.5600
TP2= @ 1.5665
TP3= @ 1.5735
TP4= @ 1.5825
TP5= @ 1.5975
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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EURCADThe Eurcad is based on strong support in the monthly time, which will increase the price to the daily resistance. Our team's advice is to be patient and enter the sales in the daily resistance according to our team's signal.
Note that when your trades are profitable, be sure to save profit and risk and do not wait to reach potential targets, because the price may be affected by monthly support and the market trend may change in general.
💡Don't miss the great sell opportunity in EURCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.5512).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
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 36.
Take Profits:
TP1= @ 1.5458
TP2= @ 1.5427
TP3= @ 1.5398
TP4= @ 1.5358
TP5= @ 1.5312
SL: Break Above R2
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EURCAD : LONG OPPORTUNITY EURCAD is looking great for 2021 setup for the long, Has the possibility to fulfil the top.
💡 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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Bear Flag - SellPrice is clearly forming a bear flag pattern.
Hence looking to enter short. Just waiting for little fore development for the setup to be ready
Simplicity is key to be successful in trading.
Thanks to all those who have followed me and liked my post.
Especial thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
EURCADSELL
UPTREND CHANNEL
🙏The best "THANK YOU" will be your likes and comments!.🙏
Check today analysis below
Stay safe everyone
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Before trading our ideas make your own analysis.
Thanks for your continued support!
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
long setup after a huge cup & handle pattern formation.. now candle as wedge pattern breakout and retested. expecting huge rally of very small risk and massive reward
💡Don't miss the great sell opportunity in EURCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance 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 downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 1.5498
TP2= @ 1.5457
TP3= @ 1.5394
TP4= @ 1.5312
SL: Break Above R2
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
