As we can see Break of structure (BOS) and then Change of character (choch). Can see imbalance towards bull and OB where we wait for Entry.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3090). . 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 below the 21-Day WEMA, which acts as a dynamic...
EURCAD Update: Don’t miss, Price is running @ demand zone. Just follow the pattern and set target as you can see in the chart. Use proper risk management and you can run this trade till final target :) Best of Luck :)
Cup and handle pattern structure formed Wait for the support level breakout, sell below 1.3391 At long berish candle entering the trade Not long bearish candle breaked, so wait for the retest Buy above the cup with handle trend line resistance level breakout after entering the buy position
Wait for the entry at 1.35127 support and resistance level breakout Target 1🎯 1.3585 Target 2🎯 1.3703
It's time to buy eurcad Hammer 🔨 candle formed support level of market Target 🎯 1.3593
Looking to enter short at previous resistance I CAN BE 100% WRONG
What do you all think about this setup ? 38 pipes Risking for 85 pipes of reward, if the price move as according we can see EURCAD falling till 1.34800.
Reasons for this long term short: 1. It’s still in a major downtrend: lets ride the wave 2. It broke previous low on daily and weekly structure 3. Waiting for pull back at entry zone( preferably at flip zone) 4. Make sure to watch for rejections from the upside(wicks at the top of the candles)
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up from here. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence,...
EURCAD Update: Identify Uptrend for Long. Good Opportunity to buy till final target. Use Proper Money Management Before Entry. Best of Luck :) What is your view on this idea?
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3430). . 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 below the 21-Day WEMA, which acts as a...
Change in Trend…Risky entry till the break that trend…entry after the break is one more confirmation…
Trading Ideas- Short positions below 1.3905 with targets at 1.3191 & 1.2992 Alternative scenario If price sustain above 1.3905 look for 1.4234 & 1.4439 as targets. Supports and resistances 1.3191 & 1.2992 1.4234 & 1.4439
PAIR NAME : EUR/CAD Direction : Short Timeframe : 4H
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3463). . 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 below the 21-Day WEMA, which acts as a dynamic...
Market now previous strong resistance level retest moving down Target 1 : 1.3576 Target 2 : 1.3469