* 1.43 strong support handle * 1.618 XABCD pattern * Price action box breakout * weekly candle bullish morubozu * heikin ashi on Daily * Double bottom breakout on Daily
eur cad perfect buy target shown SIMPLE PATREN TRADING TECHNIQU
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!
Trend reversal on EURCAD its reach a three time its first conformation. and broke trend line its bull back on fib 0.5 is second conformation
- Price has formed a double top which confirms the Sell signal. - Price has made a correction and is projected to continue bearish.
Based on previous analysis, the EURCAD trade printed 250 pips 🤑💰 FOLLOW FOR MORE! ALL THE BEST!
PRICE BREAK THE TREND LINE ON 1HOUR TIMEFRAME showing rejection at higher timeframe wait for price go for retest entry ; after retest
PRICE BREAK THE TREND LINE ON 1HOUR TIMEFRAME showing rejection at higher timeframe wait for price go for retest entry ; after retest
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 😊
if the price break the level then enter a long position
Note :- Given trade is for educational purpose only . Trade at your own risk
Eurcad Short to long h4 are bear and daily are bullish so, i would look for short in that h4 poi to buy at the below