EURCAD: Reversal After RSI Bullish Divergence [Quick Updates]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
We see the RSI divergence here play out nicely, with an immediate confirmation of the price reversal. When the RSI makes a higher low and the price makes a lower lower at the same time, we can see that the momentum is resetting while the price is still dropping. This often indicates that the momentum will soon lead to upwards price movements.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
EUR-CAD
Correction DueYou missed a helluva move last week with this pair if you weren't paying attention. So this week, we're trading the possible retracement for continuation. It depends on what the market feels like. Right now, it appears this will continue bullish after a correction.
BULL TPS:
• 1.54878
• 1.56354
• 1.58161
BEAR TPS:
• 1.53960
• 1.52947 (zone where retracement will possibly end for continuation)
• 1.52140
• 1.50998
EURCAD. What direction it will choose?Hello everyone!
This is my analysis on EURCAD for this week. As you can see we have 2 scenarios. I will look for LONG trades if price will go higher than 1.56228. Otherwise if price will go under 1.54300 and comes to retest I will start looking for SHORT positions.
Remember to use your own entries.
Have a great week and support me if you like my work!
EURCAD on RSI bullish divergence | 29 April 2020We have EURCAD requested by Amphibious, in the long run, EURCAD is still on bearish trend , but we decided to go for a short-term long trade as RSI is showing us a bullish divergence . To protect us better, we have use nearer sl and tp.
If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
Entry: 1.5254
TP: 1.5234
SL: 1.5064
EURCAD Buy SignalPattern: Pull back towards the 1W MA50.
Signal: Bullish once the price makes contact with the 1W MA50. It is a recurring pattern since 2014. After a Channel Down, the price breaks upwards the then pulls back for a bounce on the 1W MA50 before making a new High.
Target: 1.6000 (just below the Resistance).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
EURCAD on RSI bullish divergence | 29 April 2020 We have EURCAD requested by Amphibious, in the long run, EURCAD is still on bearish trend, but we decided to go for a short-term long trade as RSI is showing us a bullish divergence. To protect us better, we have use nearer sl and tp.
If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!
Entry: 1.5254
TP: 1.5234
SL: 1.5064
EURCAD SHORT TRADEStrong bearish wave ended at level 1.5117
then corrective bullish wave occurred forming continuation rising wedge pattern
Price rejected from supply zone and 50% Fibonacci level of preceding bearish wave at level 1.5414
then price broke lower edge of rising wedge pattern
Now price is below HVN at level 1.5246 which indicates that pair is in distribution phase
Below SMA 100
MACD shows start of bearish momentum
It's expected to target demand zone at level 1.4940
EURCAD - SWING - 27. APR. 2020Welcome to our weekly trade setup ( EURCAD )!
-
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.
-
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!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURCAD SHORTAfter comming from a huge push the price in Daily it is retracting showing us a descending structure.
For that reason we will have to be aligenement with the medium term price action. For that reason we hope a retracement to the level in the yellow box to keep going down this week.
This a very nice set up, bu we need a previous estructural break in h1 or m15 at least.
Let see, do not risk more tha 1%
ANALYSIS ON EURCADHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair hit the support line and then started going up. As per our analysis the pair will continue till the trendline resistance and then fall down.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
EURCAD Bearish Trend ContinuationPrice is at a very interesting area that could go one of both ways. EURCAD is sitting at previous Support which can signal us that a Bull Run is coming or Price is bouncing off Support in order to have a Proper Exhaustion therefore allowing the 2nd Wave of Bears to come in and break below that local Support allowing price to produce some new historic data.
EURCAD Two Bullish Signals [Quick Updates]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
For this entry on quick updates we can see a nice support and resistance trade setup. The price just reached deeply into the support zone, while at the same time printing an oversold RSI. Both of these signals can be used as signs for reversal. Their confluence together can give us a nice entry for a LONG position here.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
EURCAD technically forecast on next moves
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 EURCAD technicaly based idea, we can see good bulish candels foramtion, technicaly indicators showing we can expect higher bulish market, expecting to see push up in price till top trend line. On top trend line will be good chance to catch new trend revers will update with time.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
FALLING WEDGE BREAKOUT IN EURCADHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair has given a Falling Wedge breakout on upside and is retesting now. If it goes back up, one can take a buy call.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes