Eurcadbuy
EURCAD - SWING - 19. JANU. 2021Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Bullish price action after previous support zone was hit.
4 HOUR
Overall bearish market about to turn..
DAILY
Great long entries, price about to jump up.
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.54360
SL @ 1.53490
TP @ 1.55620
Max Risk: 0.5% - 1%!
(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 - SWING - 11. JANU. 2021Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Very bullish pressure and price action.
4 HOUR
Expecting more upside, price broke above main sr level.
DAILY
Weekly intervals indicating more bullish momentum..
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.55680
SL @ 1.55060
TP @ 1.56590
Max Risk: 0.5% - 1%!
(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, 4hr tf, second chance to buy if you missed itHello my friends,
Previously i shared about a buy position for EURCAD on Sunday.
It was working out great and i managed to book some profit from it before it retrace down again.
Right now price once again retracing and i am gonna buy it again.
For those who missed it, this might be your second chance to buy it.
In my opinion we could see EURCAD breakout of this channel.
Our target this time will be the 1.618 fibonacci expansion which is our wave-3 target.
Buy limit EURCAD 1.5610
Stop loss 1.5560
Take profit 1.5770 (3.2R)
RR Ratio 1 : 3.2
Use only 1-2% risk
Good luck
EURCAD - SWING - 05. JANU. 2021Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Very bullish market structure and closure above main sr level.
4 HOUR
Overall good long entries, price action very bullish.
DAILY
Looks like a turnaround!
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.56350
SL @ 1.55760
TP @ 1.57180
Max Risk: 0.5% - 1%!
(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, 4hr tf, buy end of wave-iv at EMA-200Hello everyone,
We're going to start the first week of 2021 soon.
I am going to share all my plan for this first week to you all and hopefully it will be useful to all fellow traders here.
My first trading plan is EURCAD pairs.
As you can see price currently in an ABC correction inside a downward chanel.
There is an area of confluence support at 1.5570-80 level which will attract buyers in my opinion.
EMA-200 as a strong dynamic support + 61.8% fibonacci retracement + horizontal support level + downward channel support.
It will be no wonder if price shoot up from this area after touching it for a brief moment.
I am preparing 2 trading plan for EURCAD which has the same entry and SL but different take profits.
For conservative traders, you could take profit at the top of downward channel.
Aggresive traders could set take profit slightly below our next horizontal resistance at 1.5820.
BUY EURCAD 1.5570/80
Stop loss 1.5530
Take profit 1 at 1.5710 (3.5R)
Take profit 2 at 1.5820 (6.25R)
Use only 1-2% risk
Good luck
EURCAD - SWING - 28. DECE. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Very bullish market open.
4 HOUR
Expecting more upside in this pair after a small pullback.
DAILY
Price turned back towards main sr level, good long entries!
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.56760
SL @ 1.56180
TP @ 1.57650
Max Risk: 0.5% - 1%!
(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, 2hr tf, inverted HnS pattern to materializedHello my friends,
For today i saw an inverted HnS pattern on EURCAD pair.
This pattern occurs on 2hr tf so it might be a bit small in range but worth to try.
We will keep it simple with only price action, you can see price broken above the neckline with a solid candle close above.
The candle looks like a bullish pinbar so i think this is a confirmation candle as well.
Buy EURCAD 1.5490
Stop loss 1.5450
Take profit 1.5570 (2R)
RR Ratio 1 : 2
Use only 1-2% risk
Good luck