Eurcadsell
EURCAD positioning for SHORT ENTRYEURCAD is now doing what be said some days before, the operation we gived it's now on 160 pips in profit for our crew and we expect 40/50 pips more. Returning to the analysis, in this moment the value is surpassing a monthly KL so there are two possible scenes, the accumulation now to fall or the second one and what we expect: the retest in the supply, retesting at 50% of fibo in 4H and the posterior fall.
In both cases, we will wait for the confirmation and after this confirmation we can go in, good luck and enjoy the pips!!
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EURCAD SHORT EURCAD shorts are looking good to go. Lets get ready for a retracement up to the purple box area with a 4 hour body closure as a doji or spinning top to confirm our bias of taking shorts from here. EURCAD has respected the 78.6% Fib level indicating the bears are still in control, lets just sit back and wait to see if it can pullback to the area of interested and see if it rejects before we jump into this trade!
Remember to take partial profits at the 0%, -20% and finally the -61.8% :0
455 PIP gain 7/1 RR.
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EURCAD Looking At A ShortEURCAD Looking At A Short
1. 25 -2- Life Fibs Set Up
2. Awaiting the break of the trend then retest before moving back up into the 25% Fibs Zone to retest for the Sell Limit
What Do You Guys Think........?
Drop Your Comments Below..........
EURCAD shortIMO I think the bearish momentum can regain strength so I'm hoping that this congestion zone rejects price and also gives a good RR ratio. In the longer term my target would be to go below the 1.45 level, and I might put my SL to break even around 1.4550-1.4570 area.
EURCAD - FOREX - 30. JAN. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Bullish break above previous H1 Highs.
4 HOUR
Prices came back to previous resistance zone.
DAILY
Bearish market in a pullback, great short entries!
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FOREX SETUP
SELL EURCAD
ENTRY LEVEL @ 1.45770
SL @ 1.46300
TP @ 1.44720
RR: 2.0
Use 0.5% risk!
(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
EUR/CAD is likely to go deeperEUR/CAD, in our mid-term look, is about to go deeper and we take our positions.
Entry: 1.461
Stop: 1.473
Target: 1.442
EURCAD - FOREX - 14. JAN. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Bullish price action and break above shortterm range.
4 HOUR
Overall very bearish market structure and waves.
DAILY
Good short entries after a small fear push to the upside.
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FOREX SETUP
SELL EURCAD
ENTRY LEVEL @ 1.45540
SL @ 1.45940
TP @ 1.44740
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Nice push to the upside looking good. If we can maintain bullish momentum then we may sustain outside of the previous broken consolidation. We need to be cautious for fakeouts. It would be nice to see a clean pullback and see previous resistance hold as support.
EUR/CAD : Sell on the Pullback Trend are still bearishh no buying moemtum looking till now, so i am waiting for retest for Sell.
EURCAD SHORT @H4 CHARTEURCAD
We can open sell positions at 1.45735..And the potential take profit will be 1.43980..
And stop lose may placed above 1.46600 level
EURCAD TO SELL AFTER PULL BACK!At the moment, EURCAD is moving towards point of support to potentially form a 'double bottom' . from this point on, i see price retracing at least 50% of the bearish move before trading lower to our targets. Having said that, price is showing the potential to move to our targets without a pullback.
Only take the trade if price pullbacks to our entry as this allows for a risk to reward ratio. Close majority of the position at take profit one and move stop loss past entry point and let the rest ride out risk free.
Do not trade the pullback, wait to enter the real move.
EURCAD approaching support, potential for a further rise!
EURCAD approaching support at 1.44953 where it could potentially rise further to 1.46085.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD reversed from resistance, potential drop!
EURCAD reversed off its resistance at 1.46172 where it could potentially drop further to 1.45315.
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EUR/CAD : Watch Correction and Sell After Breakdown ConfirmationEURCAD in Longer Time trend Bearish But overall pattern also making bearish wait for Correction and Strong SELL.
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Looking bullish right now, but we have failed to push above resistance multiple times. We need to see how price reacts at the current resistance. If we see a strong break above we could see a bigger move to the upside, that being said if we fail to break above resistance again and we see a hard rejection we could completely melt to the downside. EC is definitely at a make it or break it level right now. Watching very carefully.
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
EURCAD is also on our watch list. Right now EC is currently resting on a make it or break it level so we need to wait patent to see if we are going to start climbing to the upside or if we are going to see a strong break and close below the trend line giving us the bearish pressure needed to push down to retest key levels of support. Looking very good keeping a close watch on EC.
