EURCAD WEEKLY WAVE ANALYSISEURCAD WEEKLY WAVE ANALYSIS, THE PAIR IS IN A-B-C PATTERN OR IMPULSE IN BULL MARKET.THE WAVE C/3 WILL COMPLETE IN PRICE ZONE 1.8248-1.9177.
EURCAD.1.MINI trade ideas
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
MODIFIED PIVOTS + EURCADOANDA:EURCAD 15 MIN TIME FRAME TAKING SUPPORT AND RESISTANCE AT MODIFIED PIVOTS
EURCAD SHORTI have recently started trading in price zones and I have seen it very effective but one should keep in mind about the trendlines and the price channels too or else the price action may change. So here's a short for me in EURCAD, the time period is weekly but as the candle closed below the zone for me its a short position with the stoploss at the high of the zone and the target at the below. As it is a positional trade, I would suggest to exit small quantities at every targets.
Eur/cad making higher high lower low patternThe price is currently forming a higher high lower low pattern in the wedges. If it breaks the small resistance level it is possible that it will hit the above target and if it goes below the small support level it will hit the below target.
Crucial point for EURCADHello traders,
Hope you are enjoying our analysis.
Here is another awesome analysis of EURCAD.
As we can see fromm a long term view this pair is in a very crucial
point now.
If it breaks the resistence then one can take a buy call keeping tp at 1.51000
If it doesnt break then one can take a sell call by keeping tp at 1.47000.
Stay with us for the trade.
Thanks
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
EUR/CAD intraday BUYOur pivot point is at 1.4333.
Our preference:
rebound towards 1.4404.
Alternative scenario:
below 1.4333, expect 1.4308 and 1.4292.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.4366 and 1.4381).
EURCAD Buy SignalI would wait for a pullback into the RED line or the (2) point to get an optimum entry but EURCAD is setting up for a great buy opportunity right now.
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.4615). 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= @ 1.4533
TP2= @ 1.4438
TP3= @ 1.4050
SL: Break Above R2
EURCAD SELL ONLYFor Further Detail and want to know Why? Ask directly
Love to HELP
Twitter @guruubhaii
Insta id @guruubhaii
inverse H&S on EURCAD H&S on EURCAD bullish variation on H4 let see what will happen TP1 1.46000 TP2 1,46900
EURCAD for shortthe price in in ranging type and it's making a top that could reverse the price to the previous famous bottom..
EURCAD SHORT!A GOOD TO GO TRADE, AND HAS THE BEST OPPORTUNITY TO SHORT, WHILE YOU HAVE TO KEEP STOPS A BIT WIDER, CHEERS,HAVE A GREAT WEEKENDS!
Quick Trade Setup in EURCAD It is forming quick trade setup in eurusd forming ABC flat pattern if it breakout then target entry and exit should be given below -
Trade Details -
Entry - 1.47169
Target - 1.47719
Stoploss - 1.46926
when your trade goes in your favour, please keep you stoploss trailing
