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Eurcadlong

EURCAD, 4hr tf, buy bullish flag breakoutHello my friends, Another setup for December is EURCAD pair. As you can see, it looks like a bullish flag pattern formed on this pair. Price already took down the resistance and currently retesting it as a support. We might see price rotate towards 1.5650-60 area. This bullish flag measured objective are around 270 pips. The next resistance would be at 1.5650 which where will be our take profit for this trade. If you're a fan of Elliott Wave, we could also assume this movement as Wave ABC correction in my opinion. Let's see how this turn out. Buy EURCAD 1.5510 Stop loss 1.5460 Take profit 1.5660 (3R) RR Ratio 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
EUR/CAD bullish trend 4HEur/CAD hit important low (pivot point) of 1.53500 and has had straight bullish momentum also following the past trend line we can hope to see it follow the pattern of hitting the trend line at around 1.55500. it has already hit the support of 1.55000 had false bearish momentum and pulled back above further showing momentum to hit the trend line. once hitting the trend line of 1.55500 watch for it to follow trend and pull back down or possibly break and push above the trend.
Long
by Cgremshi
EURCAD - Buy - Daily ChartEURCAD - Buy - Daily Chart Buy @ a Pull back to 1.53546 or a Break of the 1.541581 level Stop Loss @ 1.52951 for Break of the 1.541581 level Stop Loss @ 1.52572 for a Pull back to 1.53546 Take Profit @ 1.56614 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
Long Position: Euro/Canadian Dollar is leading by demand!!!In this technical analysis. I want to make a explain why Euro/Canadian Dollar is goes to up!!! So guys, as today we see a good short positon in EUR/AUD, so I ignore my short positon for believe more in H1, so as learningedge, I learn that the H4 timeframe, each group candlestick is a key to look what the trend make, specially in Daily when is talking o pull back or reverse of the trend. That is my habilities that I have, but working little more for me. Now, lookin in H1 we see that Euro/Canadian Dollar is leading by demand or bulls. There's not any short positon signal for this par, just that Euro/Canadian Dollar is into this supply and demand strategy. We see in H4 timeframe that the trend is beocme bullish, and RSI is above of 50, that turn what EUR/CAD is strenghten and the trend is a key to follow bought. Now, in Daily the trend is the most important, becuase we see that EUR/CAD can to continue up more toward this yellos supply zone. And maybe in the red zone, that is weekly zone, but also if you notice that EUR/CAD could formed a possible armonic pattern bearish, but in each case, is the trend change, we could see it. Good luck of this long position.
Long
by harisonhbn9718
Long Positon: Euro/Canadian Dollar strenghten!!!Euro/Canadian Dollar turn bullish in H1 timeframe and we hope a pending order at $1.5550-$1.5540 CAD to entry in long position in this par. We have a forecast of 176 pips to find up!!! That is a huge earns!!! In Daily EUR/CAD is bullish, if we entry in the yellow zone, we could to get our profitable, but I do not analyze this par from yesterday, but there 's another buy opportunity in these price levels to buy with confirmation of the candlestick strategy and price action. Good luck!!!
Long
by harisonhbn9718