Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4817). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
I can see this as a perfect buy position, This trade can take up to a year to touch the TP
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Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4768). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
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Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.468). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.47450). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Hello traders, Wave B has probably ended at 1.46668. Wave C is supposed to materialise towards the resistance zone at 1.51260. Thanks.
Might or might not retest the entry. Regards
Hello traders, Wave 5 has probably ended at 1.45826. A correction is supposed to materialise towards the resistance zone at 1.51200. Thanks.
EURCAD long..looks great with a pin bar in 4hr timeframe at the support zone.
On the verge of a breakout, found in Hourly candle if crosses 1.47380 and sustains it might give a good up run upto 1.47918 lets see the market how it reacts . Supporting the trendline and moving gradualy up, v=creating a bullish scenario. Flag pattern found on the 1m candle might give the breakout. Sl should be near 1.47145 Tgt 1.47645-918
EURCAD sell @ 1.4756 SL 1.4845 TP 1.4640 Use proper risk management Move SL to breakeven and further to secure profit