{=GREAT BUY OPPORTUNITY IN EURCAD=}The market has touched the strongest support and greatly bounce back. Use proper risk management
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EURCAD trade ideas
EURCAD | Good Shorting Opportunity.If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
eurcad buy setup foundeurcad buy setup found
eurcad buy setup found
eurcad buy setup found
eurcad buy setup found
eurcad buy setup found
EURCADEURCAD pair is in the uptrend. It has got resistance from the important level which acted as support before the price broke through that level. Now wait for the pullback at 1.4354 level. The level is important because of three reason:-
1) It is at the 0.5 of the fib retracement
2) It is value are as high volume were accumulated at that price before up trend started
3) This level has acted as resistance, so it will act as support now.
💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4358).
. 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 support.
. The RSI is at 79.
Take Profits:
TP1= @ 1.4486
TP2= @ 1.4555
TP3= @ 1.4646
TP4= @ 1.4761
TP5= @ 1.4826
SL= Break below S2
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EURCAD BUY IDEAEURCAD BUY IDEA
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4277).
. 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 support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.4387
TP2= @ 1.4465
TP3= @ 1.4547
TP4= @ 1.4643
TP5= @ 1.4732
SL= Break below S2
❤️ 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 / Crypto 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 ❤️
#EURCAD its possible to buy#EURCAD waiting for retracement and Price is trading the daily support area and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.42750
Next Zone area & horizontal swing Low support
1st Resistance
1.47500
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD waiting for retracement and Price is trading the daily support area and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.42750
Next Zone area & horizontal swing Low support
1st Resistance
1.46480
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD waiting for retracement and Price is trading the daily support area and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.42750
Next Zone area & horizontal swing Low support
1st Resistance
1.46480
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD waiting for retracement and Price is trading the daily support area and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.42750
Next Zone area & horizontal swing Low support
1st Resistance
1.46480
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
Eurcad short for 4 hour chartIt can go short from current time zone. My target here is more then 100 pips
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
EURCAD SELLEURCAD PRICE REVERSE FROM RESISTANCE
Before Entering Trade do Your own Analysis it's Only for Educational Purpose
Thank you so much for Your Support
#EURCAD its possible to buy#EURCAD Price is trading the weekly support area and waiting for retracement and any bullish candlestick formation and watch the next candle close the previous candle its will move to the next level resistance area
Why we like it:
Price is trading in nearby weekly support area
moving to the next resistance area
waiting for bullish candlestick confirmation
waiting for retracement
1st support:
1.41800
Next Zone area & horizontal swing Low support
1st Resistance
1.46085
Zone area & horizontal swing high resistance
