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Eurcadsignal

EURCAD trade idea on H3, potential double bottom formation!Plan : trendline breakout --> wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **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. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
EURCAD, Buy on H5**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. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. ___________________________________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
[Signal] EURCAD: Strength Likely from Multi SupportsEURCAD Timeframe: 1D Direction: Long Confluences for Trade: - Price action bouncing off Triangle support - Stochastic Oversold momentum - Wide EMA gap - There are alot of support trendlines below and can provide as a strong support - DXY has diverged from alot of other currency pair strengths Suggested Trade: Entry @ Area of Interest 1.4835 - 1.4990 SL: 1.4693 TP1: 1.5100 TP2: 1.5312 RR: Approx. 2.13 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Long
by weekendanalyst
EURCAD: Price Retracing Against 61.8% Fibo levelEURCAD Timeframe: 1D Direction: Short Confluences for Trade: - Bearish candle formations - Price at 61.8% Fibo levels of previous High - Low - Stochastic Overbought momentum - Fundamentally, positivity is slowly returning to improve sentiment about global demand which is likely to spur oil prices and with OPEC looking to react to such low oil prices, CAD strength is likely. Suggested Trade: Entry @ Area of Interest 1.5500 - 1.5650 SL: 1.5734 TP: 1.5213 RR: Approx. 2.08 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Short
by weekendanalyst