EURCAD - SHORT - SWING SETUPEurcad - Weekly chart - bold call on this pair for a big swing down, although monthly chart looks neutral.
Eurcadsignal
Short EURCAD Short Term Based On H1 TF Double Top Chart PatternWe can see the EURCAD has now formed a double top. For this chart pattern to be valid, price should break the neckline to validate the double top, pushing price further down.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Long EURCAD Longterm Based on 1D ChartSince gapping up, price has tested and respected a major support/resistance area bounced up from it. Today we've seen price has touched this major support level and price did pierce through but quickly pulled backed and has respected this level. Zooming in on the 4H time frame, candlestick pattern confirms a reversal in the downtrend to an uptrend is probable and momentum is changing with stochs touching 10% oversold.
Check lower TF's for best entry. I've placed Stop loss very tight on the chart but do your own analysis, I may make mine wider.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
