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Eurcadlong

EURCAD Trade Plan - Waiting for Buying OpportunityPlease don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Long
by Michael_Harding
4
EUR/CAD could move UP!Hey tradomaniacs, Euro getting stronger as expected! Next opportunity I see is that EUR/CAD could retrace back to its current Trendline if we see momentum above the resistance of the support-zone👉 The market, especially stocks and indicies are very choppy and boring to watch, which is why taking trades in this enviroment involves higher risk! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me.
Long
by Trading2ez
5
EURCAD - SWING - 11. JANU. 2021Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Very bullish pressure and price action. 4 HOUR Expecting more upside, price broke above main sr level. DAILY Weekly intervals indicating more bullish momentum.. - FOREX SWING BUY EURCAD ENTRY LEVEL @ 1.55680 SL @ 1.55060 TP @ 1.56590 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
34
EURCAD (H4): LONG Idea Breaking the DESCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: In this H4 chart we got a really interesting situation, in fact the price is clearly following a descending channel and it's just reached an important resistance zone. In a Daily perspective, instead, the price is moving following an ascending channel and price's just reached the channel's dynamic support, giving us the first sign of rejection. CONCLUSION: I think the price will move up following the daily trend because the two S/R dynamic line of that channel are perfectly rejecting the price. In my opinion this is not the best moment to open a long position, but I'd wait the break out of the dynamic resistance line and I'll look for a long trade on the pullback, it will definitely confirm the beginning of the new uptrend and you could trade with less dubts! Stay tuned for updates and trade details! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
7
EURCAD (Daily): LONG OPPORTUNITY Following the ASCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! TECHNICAL ANALYSIS: Since the end of July the price has been following a descending channel lasted until the beginning of November, the price then bounced on the main weekly trendline support and started now a new great uptrend. The price's just reached a daily support area and the channel's dynamic support, the price action around this area will be helpful to understand and confirm the next uptrend! CONCLUSION: The new ascending channel seems to be confirmed and it's perfectly working, rejecting the price in the right moment. Once I'll get a clear confirmation about a new uptrend, I'll definitely plan a long position! Stay tuned for updates! What's your opinion? Share your idea writing a comment! Trade Safe and Responsibly Gianni
Long
by FXtrades-gp
9
EURCAD, 4hr tf, second chance to buy if you missed itHello my friends, Previously i shared about a buy position for EURCAD on Sunday. It was working out great and i managed to book some profit from it before it retrace down again. Right now price once again retracing and i am gonna buy it again. For those who missed it, this might be your second chance to buy it. In my opinion we could see EURCAD breakout of this channel. Our target this time will be the 1.618 fibonacci expansion which is our wave-3 target. Buy limit EURCAD 1.5610 Stop loss 1.5560 Take profit 1.5770 (3.2R) RR Ratio 1 : 3.2 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
EURCAD to see some upside For more than a week, EURCAD has been moving in a descending channel and respecting the trendiness very well. EC had broken some very significant resistance around 1.55336 and 1.55432 on December 17th that it looks like it is revisiting as this market steadily moves to the downside. On the daily, EURCAD has been moving in an ascending channel and is about to reach one of the trend lines. As it approaches this part of the daily ascending channel, the bottom of the descending channel, and a zone that was previously resistance and now may be respected as new support, I believe there will be great buying pressure here and the market will be pushed up. Signs of the Canadian dollar weakening should also push this pair up as the Euro will get stronger against the Canadian dollar. I'll be looking to go long around 1.55432 and will target right before the previous high.
Long
by StealPipsSal
EURCAD - SWING - 05. JANU. 2021Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Very bullish market structure and closure above main sr level. 4 HOUR Overall good long entries, price action very bullish. DAILY Looks like a turnaround! - FOREX SWING BUY EURCAD ENTRY LEVEL @ 1.56350 SL @ 1.55760 TP @ 1.57180 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
29