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Eurcadshort

EURCAD SELL at 1.56450 SL 1.56950 TP 1.55250The EURCAD chart H4 time frame we see bullish momentum starting from 6th July and reached its recent high on 31st July near the price at 1.59780, then EUR losing it's bullish momentum and CAD start gaining against EUR. We also see on the H4 chart EURCAD just breakout its new critical support level at a price near 1.56580 8th August. We expect more down within a couple of days, so we are going to short on EURCAD from 1.56450 with a tight stop loss at 1.56950, and our target level will be at this price of 1.5525.
Short
by PipsWin-com
EURCAD H4 SHORT PRICE ACTION FORECAST This pair is forming an unbeatable H&S pattern for bearish confirmation. Reaching and getting a rejection from resistance at D1, creating a double top from the weekly domain give enough evidence to the downward movement to be experienced in this pair. Further confirmation before a short order is required, such as break and re-test of the supply zone (pattern neck) The order: Type: sell-limit S/L: 90 pips - R:R | 1:3 - T/P: demand zone -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
Golden Zone -- EURCAD Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Short
by morshedul-munna
EURCAD H4 SHORT PRICE ACTION FORECASTIn the weekly domain, the price has recently reached a physiological resistance level. Recording a strong rejection from buyers that weren't able to push the price to a new high. That rejection has formed a double top pattern signaling a strong bearish momentum towards the pair. Now checking into H4, a short entry confirmation is expected as a pullback from the previous strong bearish candle and the support from price consolidation. The order: Type: sell-stop S/L: 80 pips - R:R | 1:2 - T/P: Fib level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER