Eurcadbuy
EURCAD at a key level of supportLooking at the weekly timeframe we see after pushing to the upside and closing back above 1.5060, EURCAD has been holding at this zone for weeks.
Last week EURCAD had a strong bullish rally back up to 1.538 before falling back down to 1.5060. If structure can hold at this zone we can look for price to push back to the upside, retesting the 1.5532 zone.
If you have any questions please feel free to comment below.
EURCAD, reasons to buy Dear Friends, I have opened a buy position on eurcad since last week after I closed my sell profit in more than 135 pips due to the fact the the corrective wave is complete.
Currently I am buying the wave 3 of the impulse move, price should get to minimum of 161.8% of the wave (i).
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#EURCAD LONG SETUP.. In the 4-hour chart of #EURCAD, we see that the price broke out the wedge pattern.. It is likely that the price may retest the break-out line.. There can be a long setup opportunity for #EURCAD.. I expect a price action as I mentioned on the chart.. We will wait and see..
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EURCAD BUYI am looking for buys on this pair.
I follow Elliott Wave Theory.
It looks like the first of five waves have completed.
I am looking for an entry once the correction happens.
Wave 1 was roughly 1,700 pips, I am thinking wave 3 will have to exceed my projection, because it cannot be the shortest wave.
EURCAD - SWING - 27. APR. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Bullish PA and close above our main sr level.
4 HOUR
Overall bearish market in pullback, good long entries!
DAILY
Waving market structure, expecting another push to the upside.
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FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.52500
SL @ 1.51330
TP @ 1.54170
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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ALAN