Eurcadsell
EURCAD Low risk short setupEURCAD broke out sharply yesterday, expecting this market to drop further, wait for a breakout. Though today is Thanksgiving day so not expecting much, but anyway.
Trade Safe.
Thanks for your support.
EURCAD - nice entry for a sell - join in!!EURCAD has retraced to Fibonacci retracement
level of 0.382 as previously surmised. from the chart
you can see that the bears are slowing taking over as
predicted before
Also Stoch RSI has turned back down, i am expecting this
to drop more. i will update if anything changes
See previous analysis also
PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
EURCAD SELL CONTINUATIONSEE PREVIOUS ANALYSIS AND AS BEFORE, THIS WILL GO DOWN
LIKE, FOLLOW AND COMMENT
:)
EURCAD, H1 Bearish pattern Bearish pattern confirmed
Action: Sell
Tp1: 1.5061
Tp2: 1.5025
SL: 1.5139
Wait the right price action as entry key.
EURCAD SELL UPDATEIF U DIDN'T NOTICE :) I AM EXPECTING A
DOWNWARD CONTINUATION AFTER THIS REVERSAL
LIKE, FOLLOW AND COMMENT
ALSO SEE PREVIOUS ANALYSIS ON THIS PAIR
EURCAD Weekly Forex Forecast 23rd September To 28th SeptemberMidterm forecast:
While the price is above the support 1.4800, beginning of uptrend is expected.
We make sure when the resistance at 1.5360 breaks.
If the support at 1.4800 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
There is a divergence in RSI and price between the trough at 1.49165 on 2018-05-30 and the trough at 1.47985 on 2018-08-15, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI bounced from the support #1 at 47 and it prevented price from more losses.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 52.
EURCADEURCAD SELL
En zona de reversión.
Esperar a confirmación de pullback.
Vender
EURCAD
Entrada:
1.51950
Target 1.
1.51430 (50 Pips)
Target 2.
1.51000 (90 Pips)
SL: 1.52180 (-25 Pips)
EUR/CAD is in a good point for a short swing tradeEUR/CAD is offering a good entry point for a short swing trade.
FX:EURCAD
EURCAD analysis!strong resistance above going short
Sell @ 1.5135
TP @ 1.4805 +340 pips
SL @ 1.5219 -72 pips
EURCAD Channel break down
Note how the daily candles are respecting the EMA50 and also testing the upward channel after the break. There is enough protection to go with this trade...
Also note the divergence on the H4
EURCAD - Swing short ideaEURCAD daily chart has printed a nice rejection candle at daily resistance and 38.2 retracement fibonacci which suppose to be a new lower high.
