Currently, EUR/CAD is trading at 1.5586. The pair is trading above the channel resistance level, It can move below resistance level to start a new down trend in the channel. So, accordingly plotted entry levels and target price. If the price breaks resistance level at 1.5531 inside the channel, then the price will enter into the downward channel and start a new...
Currently, EUR/CAD is trading at 1.5625. The pair is trading in a downtrend from some time by making channel patterns in the resistance and support wedges. The price is about to touch the resistance level at 1.5673 and it may rebound back from there. The pair is in downtrend from some time, so it may continue its down-trend and touch its support level at 1.5495...
Currently, EUR/CAD is trading at 1.5479. The pair is consolidating in the resistance and support wedges. Previously, the pair was trading in resistance and support wedges by making higher high lower low pattern. It may start a new down trend if it breaks the support level and neck line at 1.5392, then its first target price will be at 1.5284 and the second target...
As we can see a break out from the rising wedge, we're taking a short position from a potential retest (pullback) of the rising wedge pattern Like if you agree with me ;) Educational purpose only
Short selling opportunity for EURCAD, overnight swap is positive on this pair for sell orders, so we can benefit from it as well. Trade duration 5-7 days. Tight SL.
Hello world, this is my current opinion on EURCAD. Reasons why i went short are described on the chart. SL has been set above last lower high.
LONG short-term to complete the complex correction; 1.4700-1.4860 SHORT medium-term, where intermediate wave (3) concludes its course; 1.39120-1.3425 SHORT medium/long-term, where primary wave 3 completes its course - only valid if the primary impulse is not an A,B,C correction; 1.3625-1.3150 SHORT longer-term, where primary 5 completes the cycle degree...
We'll see if this will play out. I will keep your guys updated
Same pattern with USDCHF still on sell zone swing trade, investment are nice.. goodluck
theres a couple things that i learned from the past month of trading. i first started to journal around December and my trading changed drastically. a couple of lessons that i learned were - trust your analysis. : you need to love your ideas, you need to love your mind. fuck what other people say. you see things differently than other people. THERE IS NO RIGHT...
EURCAD is alos approaching resistance where we expect a drop below this level
Long term trade idea; TP areas at key levels. Expect pullbacks. Trade at your own risk
Selling EURCAD at CMP or after a minor pullback based on price action and indicator signal.
Simple trend down, layered candles for another push down. -1R or +2R, that's it.
OANDA:EURCAD SELL Hello traders here we have strong demand zone and possible double top pattern so i sell from here, targets on the chart
with this NAFTA and Tariff outta way and EC outta the wedge..this one has the potential to go back all the way to 1.55
Counter Trend Trade. My idea is to trade the pullback at least to the first bear fractal on the 4H chart. Daily chart shows a big bullish candle and the price may still goes up touching the top line of the resistance level. My psychological resistance level is based on the resistance level in 2016 previously. Why I take this trade is because the inverted hammer is...