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EUR-CAD

EURCAD on a higher high higher low 🦐EURCAD on the 4h chart is moving inside a minor ascending channel. The price after testing the support at 1.55 level started a new impulse to the upside. IF the market will break and close above the minor resistance 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.
Long
by InkyGrip
2
EUR/CAD Bullish or Bearish?🔸DAILY CHART EXPLANATION: . . 🔸Price has been on a corrective move for the last weeks without clear direction on this timeframe. . 🔸We are waiting for a confirmation here. In case of a bullish breakout of the Descending Trendline, we consider that there is potential for an upside move towards the Resistance Zone. . 🔸In case of a breakout of the Support Zone, the potential downside move could reach the Support Zone. . 🔸 Will look for a lower timeframe setup when the direction is clear.
by ThinkingAntsOk
4
EURCAD looking for the 0.382 weekly fib 🦐EURCAD on the weekly chart is looking for a cup and handle pattern and the 0.382. The market which is moving inside a daily descending channel in a lower low lower high move. We expect the price to touch the 0.382 over a weekly support at1.53800. IF the market will give us a sign of inversion we will 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.
by InkyGrip
6
EUR/CAD Breaking the Support Zone🔸4H CHART EXPLANATION: . . 🔸Yesterday we posted an Idea on this pair talking about the two potential scenarios that we were analyzing. . 🔸As we can see, it is breaking the Support Zone, so, we are considering the bearish scenario right now. . 🔸What we are waiting is for a clear consolidation below this zone (corrective structure) to get involved on this pair. . 🔸 Will look for a lower timeframe bearish setup. 🔸DAILY CHART ANALYSIS:
Short
by ThinkingAntsOk
1
EURCAD testing the 4h structure 🦐EURCAD broke last week the trendline and the daily structure at 1.55500. Ther market is now consolidating above a minor 4h structure at 1.55 and already retested with a spike the daily structure above. If the market will break and close below the structure, at the retest of it we can set a nice short 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
16
Don't miss the great sell opportunity in EURCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.567). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 30. Take Profits: TP1= @ 1.5570 TP2= @ 1.5520 TP3= @ 1.5430 TP4= @ 1.5195 TP5= @ 1.5050 SL: Break Above 1.574 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
13
Don't miss the great sell opportunity in EURCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.567). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 30. Take Profits: TP1= @ 1.5570 TP2= @ 1.5520 TP3= @ 1.5430 TP4= @ 1.5195 TP5= @ 1.5050 SL: Break Above 1.574 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
11
EURCAD - SWING ANALYSISEURCAD - I have drawn a swing pattern over the chart, Based on the analysis it should go down from here. My approach will be a sell in the range 1.55170 - 1.55470 Maintain stop loss around 1.55850 Potential downside target 1.54400 - 1.53200 Follow the levels as mentioned Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered Thanks !!
Short
by Professor_GS
1
EURCAD on a daily structure 🦐EURCAD on the 4h chart is moving inside an ascending channel. The price tested few times daily support and now reaches an interesting point at the cross of the support with the trendline. IF the price will break and close below the structure we can set a nice short 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
12