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EURCAD trade ideas

💡Don't miss the great sell opportunity in EURCADTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.50258). 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 above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 40. Take Profits: TP1= @ 1.49565 TP2= @ 1.49176 TP3= @ 1.48679 TP4= @ 1.48014 TP5= @ 1.47239 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
8
Forex Chart:- EURCAD BUY WITH SETUPWe think, Eurcad best buy level this time 1.49150 to 1.48350 level. Our view, eurcad first low 1.48990~1.48710 and second low 1.48627~1.48350 near. Eurcad bonus level for buy 1.48550 price. If eurcad stop sell mod , then any above to 1.50650 to 1.5130 price again touch. Details:- We give two points for trading. Pls check the below points. 1) How to trade this all levels? Ans) First second you RSI indicator (14 or 10 period), when RSI indicator price low 15 to 03 and same time Eurcad price low any above levels. Then trade it and book 20 to 50 Pip (If you not high risky trader) + Stop loss 20 to 50 same pip add. And again add other level same rules. But clear full any indicator not 100% analysis give. 2) How much time chart setup? Ans) Trading a psychology & mind gaming. What time you see your best time setup. Same time chart you trade. But most popular time H1/H4/H12 and Day chart good for this trading. Your depend what time frame you trade. ★If you have any questions, you can ask. ⚠️ Note: TRADING A HARD PSYCHOLOGY & MIND GAMEING.
Long
by AaYeVoNPvtLtd
EURCAD - BEARISH TREND DESCRIPTION: The counter EURCAD is maintaining its price below the flat-top resistance line at the price of 1.5379. The resistance line has been tested twice . Today the counter hit the resistance line and the price started falling downwards. The resistance line is very strong so that the counter can't able to break the line. The downpour of the price indicates the bearish trend of the counter may continue further. The stochastic indicators are at level 80 which gives additional support to the description. Major Levels of this counter: R2 - 1.5453 R1 - 1.5416 PP - 1.5353 S1 - 1.5317 S2 - 1.5254
Short
by WohlstandMarketsLimited
3
EURCAD-LONGDescription: The counter EURCAD started moving upwards and form an ascending channel. Since the price is maintaining in the channel and it is still moving upwards. The previous entry of the counter was at the bottom line of the channel at the price1.5369.The formation of the ascending channel indicates the buying mode of the market. The bullish trend may continue further. The MACD indicator curves give additional support to the description. The major levels for this counter is R2 –1.5430 R1 –1.5409 PP –1.5392 S1 –1.5371 S2 –1.5354
Long
by WohlstandMarketsLimited