EC
EUR/CAD DAILY CHARTIf we see oil breakdown further we could expect eur/cad to make new highs, as usd is weak, euro will be stronger. backing fundamentally this technical set up.
EUR/CAD DAILY CHARTOne trade ive got my eye on, entered a buy position here, due to the price producing a buy signal on my algo and making what likes a bullish wedge. look to buy the euro/cad and ride the next wave up.
EURUSD to tag the former low at 1.0636EURUSD goes in line with my expectations posted in the map earlier (pls see related).
It reached the upside target on Friday and then collapsed.
All minimum targets have been hit, so it can start now wave (y) down to complete huge wave X.
The wave (y) = wave (w) hits right in the area of the former low at 1.0636.
This will be the target.
Wait the pullback and see if it will not exceed the recent top before thinking of short.
EURCAD OUTLOOK FOR NEXT WEEK WITH TARGETEntering on 4hr price action confirmation.
Use appropriate trade and risk management
EURCAD potential shortdaily swing to the downside. institutional support & resistance align with fib levels, and overall trend is bearish. Also, numerous signs of bearish momentum based on candlestick formation
EURCAD Trade Plan UpdateJust basically updating EURCAD after a long week of shorts with a simple touch on wave. Note: Personal buy entry @ 1.46453. Trade safe!
EURCHF en largo
En consolidación con tendencia a la compra para formar el impulso de la onda 5
Triple piso en el nivel 61.8% del retroceso de la onda 3-4
Triple piso en el nivel 38.2% en el retroceso del último impulso en el rango de consolidación formando bandera
STOCH en nivel de sobre venta
Divergencia con el MACD para entrar en compra
EURUSD. Short setup. Risk/Reward 2.72The idea is that the complex correction could unfold lower to hit 61.8-78.6% Fibonacci of the previous large impulse.
The last leg of the linking correction ABC looks done.
Entry current
Stop 1.1646
Target 1.1446 (although it could drop much lower if second leg will exceed by size the earlier one)
EURCAD eyes 1.5586We could be in the last leg of correction,which should be very fast to hit the former top at 1.5586.
The pair broke out of the small consolidation highlighted with yellow circle.
EUR is strong across the FX market.
EURCAD BULLISH , but how long ?Pullback was done for sure (you can see it in h4)
I took some longs positions
