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EUR-CAD

EURCAD testing a resistance structure 🦐EURCAD after hitting the weekly fib level at 1.53600 created a nice impulse. The price hit the 1.55500 level and retraced back exactly until the 0.5 fib level. IF the market will break and close above the structure we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together.
Long
by InkyGrip
2
Will Previous Market Structure on Weekly Be Respected?On the 4 hour, it looks like a baby head, neck, and shoulders is forming to signal the bull. The right shoulder is missing. BUT, it's the weekly charts that got my full attention. It shows price is bearish, but a bit jagged. We're sitting on top of where a previous market structure took place. If we break the range at 1.50748, we're gonna be in for a nice nosedive. This is my favorite pair. I can't wait to see what it does. BULL TPS: • 1.52947 • 1.53709 • 1.54582 BEAR TPS: • 1.51824 • 1.50998 • 1.49809 • 1.49015
by NikaJourney
2
Another triangle! EURCAD!This is the third triangle-based trading opportunity this week. The triangle is a figure from the technical analysis, which is not very common, but is distinguished by its success. The third possibility to break a triangle is with EURCAD. This is our analysis of the pair from 17th, which is currently performed through the H1 triangle. If you do not have an entry yet, you can wait for a break! The resistance levels are: 1.5629 1.5725 To support us, like and comment!
Long
by ForexTrendline
1
EURCAD looking for a retracement 🦐EURCAD after hitting the dynamic descending trendline look for a retracement move. The price hit the daily resistance at 1.55450 and couldn't break above. After an impulse, we expect a retracement and if the market will break below the 1.55 level we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together. Leave a comment that is helpful or encouraging. Let's master the markets together
Short
by InkyGrip
17
EURCAD - SWING - 16. NOVE. 2020Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Very bearish price action and pressure. 4 HOUR Closure below main sr level! DAILY Expecting prices to push lower now.. - FOREX SWING SELL EURCAD ENTRY LEVEL @ 1.54750 SL @ 1.55620 TP @ 1.53430 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
Short
by DACapitalTrading
20
EURCAD for a new bearish leg? 🦐EURCAD on the weekly chart after hitting the recent highs at 1.56500 retraced back until the weekly support at 1.53700. The price bounce and started a retracement move until 1.55100 exactly at the 0.5 fib level retracement of the previous bearish leg, at a minor 4h resistance. IF the price will break below the lower support we will set a nice short order according to Plancton's sdtrategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
4
EUR/CAD : CUP AND HANDLE PATTERN + RSI DIVERGENCE 🔔Welcome back Traders, Investors and Community! Analysis of #EURCAD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bullish Cup and Handle R/R 2.5 max with entry at breakout of the bearish channel. A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
Long
by FOREXN1
UPDATE! EURCAD testing a 4h support 🦐EURCAD on the 4h chart was moving inside a minor ascending channel. The price after testing the support at 1.54 level started a new impulse to the upside until the 1.56600 The market broke the minor support at 1.55500 and broke the ascending channel. IF the price will break and close below the 1.55 level we can set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
23