EUR/CAD High Probability To Reach the 1.5063 USD Level 🚀🚀🚀💡 Trade Idea
📈 EUR/CAD | Buy Limit Order @ 1.4914
🎯 Target Profit 1.5056
🛑 Stop Loss 1.4849
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear downtrend before reversing by posting an inverse head and shoulders around the 1.4796 USD level. The price started to move upward and then entered a bullish flag formation where it managed to break it to the upside. Our expectation now is a lower correction and then move upward to the 1.5063 USD mark.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Eurcadbuy
EUR/CAD New Trade 1:5 R:RThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/CAD Might Be See Around The 1.4852 USD Mark 🔨🔨🔨💡 Trade Idea
📉 EUR/CAD | Sell Limit Order @ 1.4914
🎯 Target Profit 1.4852
🛑 Stop Loss 1.4940
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
Description:
The price was in a clear downward movement before posting a correction count in a form of a pennant. We are expecting a breakout of this pennant to the downside and a continuation of the main trend to the downside toward the 1.4852 USD mark.
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Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
EUR/CAD Multi-Timeframe analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 CHART ( Strong Up )
The market is approaching the support at 1.53258 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.53039 level.
Support & Resistances
1.53258 1.53486
1.53039 1.53548
1.52678 1.53719
H4 CHART ( BEARISH )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.53124 1.53498
1.52619 1.53782
1.52092 1.54414
DAILY CHART ( NEUTRAL )
Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level.
Support & Resistances
1.52660 1.52666
1.50744 1.54016
1.47486 1.55924
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871