Eurcad_shortsetup
EURCAD - Short Setup with Barometer ConfirmationHi guys, as I mentioned in my market barometer updates, the EURCAD is my pick today. The EUR is weak and the CAD is strong. Combine that with some other factors: recent drop below uptrend support, consistence diminishing pattern on X Meter & my trend signal confirmation; I am short @ 1.41739. My stop and target are posted on the chart.
We got some news to navigate this week. I will not hold this trade past Thursday night. The trade should be finished by then.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
EURCAD 100 PIPS SELL OPPORTUNITY IT LOOKS LIKE A BREAK OUT AND IT RETESTED THE TRENDLINE SO I AM WAITING IT ON THE SUPPORT ZONE TO HIT TP @1.38700
short EURCAD @ 1h @ trading capability for this 51st week`16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURCAD SELL IDEAPRICE TOUCHED THE 01.46517 FIBONACCI RESISTANCE LEVEL. IF PRICE FALLS ENTER TRADE BELOW THE 1.45994 LEVEL WITH A STOPS LOSS ABOVE THE 1.46186 LEVEL.
PROFIT TARGET SHOULD BE THE 1.1415 LEVEL.
EURCAD_Short_SetupHi fellow traders,
Keep watching the EURCAD pair for a short, when the H1 candle will make following circle, in which it pulls from now back and touches the level 1.458xx, and then falls down to breakdown the level 1.4537x; at 1.4537x I will short EURCAD. First T/p@1.447x and second will be at 1.439xx.
S/l I will set at 1.458xx as default.
Notes: I will take the short only, if that circle occurs as described.
Trade well!
m2m
