EURCAD BUY EURCAD already breakout bullish Triangle
Now price retest broken down trend line of triangle
price running above 100 MA
Volume profile show strong support @ 1.4630
EUR-CAD
EURCAD #Forex #ForexTrader #ForexTrading #ForexChartEURCAD - Short
Entering short because of the consolidation.
i have entered short now for reasons such as
>it doesn't seem to be able to make HH's
>Daily TF we are down trending
Will be entering again once there is a breakout candle to the downside.
Any questions feel free to ask
Ben
#PipGainFX
EURCAD: Trading Descending Triangle
hey traders,
descending triangle formation on EURCAD .
on focus is the horizontal support.
if bears break below it, most likely, selling volumes will increase and we will see bearish continuation to lower levels of structure.
T1 - 1.455
T2 - 1.451
Want to know where stop will be? Leave a comment :)
*remember, that the market can also break to the upside!
in such a scenario, setup will be invalid.
EURCAD: Trading Descending Triangle
hey traders,
descending triangle formation on EURCAD.
on focus is the horizontal support.
if bears break below it, most likely, selling volumes will increase and we will see bearish continuation to lower levels of structure.
T1 - 1.455
T2 - 1.451
Want to know where stop will be? Leave a comment :)
*remember, that the market can also break to the upside!
in such a scenario, setup will be invalid.
EURCAD | Trade No. 7Oil in Saudi Arabia took a hit earlier this week. Let's swim against the current?
Taking 50% of profits by 100 pips and letting the trade run.
Trade at your own risk under your own terms. I'm not responsible for anyone's decision to follow MY idea.
EUR CAD BUY (EURO - CANADIAN DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
EURCAD: Completed Bullish Bat Pattern
very nice trading setup on EURCAD based on the retest of 2019's market low.
Entry - 1.4465
Stop - 1.44
T1 - 1.454
T2 - 1.460
EURCAD - 30MDears,
please, be informed when the price close above our area so the price will hit the number with yellow.
thanks, and good luck.
"EURCAD on an Important Zone" by ThinkingAntsOkWeekly Chart Explanation:
- Price bounced on the Descending Trendline before starting its down path.
- Now, it is against an important Ascending Trendline that was tested three times in the past and could not break it.
- From here, price may follow two paths. It may break and start a violent down move or it can bounce from here and test the Descending Trendline one more time.
Updates coming soon!
EUR CAD | WAITING FOR A SHORT ENTRY TO 1.43000Price broke the last support, stays below the 50 and 100 EMA and moves in a descending channel at the moment.
Waiting for confirmations to enter a possible short position to 1.43000
EURCAD*All content have only educational and informational purposes, and never should use it as financial advice.
EURCAD #Forex #ForexTrader #ForexTrading #ForexChartJust opened a long position on EURCAD
Bat pattern completion
Oil isnt doing to great right now
double bottom on daily chart
Any Questions feel free to ask
Ben
#PipGainFx
Bears still dominate EURCAD market...On H4, bears are still in control creating lower-low and lower-high. Watch out for a little pullback to previous swing low.
EURCAD: Structure Based Trade
Hey guys,
I was asked a lot about my view on EURCAD and where is the safest place to buy.
As the pair reached 1.47 I was very skeptical in bullish continuation and I was expecting the retracement.
Now the market is approaching a significant support area and I am paying close attention to a highlighted zone.
I will be waiting for a bullish breakout of a falling parallel channel as a confirmation signal to open long.
My stop will go below the lowest point of the channel
and target levels will be 1.462 and 1.468
*if you have a question, leave it in a comment section
Potential Trade Setup For Swing Trade LongHappy to be returning to the weekly trade setups!
EURCAD is showing a really beautiful setup for the long on the monthly chart. We are currently forming a hammer candle on the monthly and the RSI is at rock bottom. So I will be placing a position trade once I have full confirmation for a buy as a swing trade.
On the 4hr chart, we are sitting on a daily SR level, so this will be a critical point for a pivot this week if the bull run begins this week. I also have a potential MA 4/50 crossover forming for the bull as well on this chart.
So the run will either just setup or begin this week and I'm waiting to see if we have the full take off next month. Here are the potential TPs until there is confirmation for the swing trade bull to begin.
BEAR TPS:
1.45569
1.45103
1.44613
BULL TPS:
1.46452
1.46795
1.47072
1.47494
1.47935
EUR_CAD: Euro Falling Down from the TopEuro is down below the support.
A big reward rather than risk, not bad to take short till the support down
EUR CAD BUY (EURO - CANADIAN DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Easy 250+ pips, dont miss! - EURCAD - BUYAfter analysis i can say we will haveve much more bigger UP trend. EUR is start gaining power today, trend line is in good position, MACD same showing there is good chance for up UP trend. CAD is be one of strongest currencys from last week, today in my opinion and technicaly hat i can see is start losing power.
TP1: 1.45750
ENTRY: 1.45490+-
SL: 1.45150
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
More information soon!
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Thanks on supporting!
All best!
EURCAD ObservationUltimately I see EURCAD heading down.....
Price is at the bottom of the weekly range and can start pulling back up now.., sitting at the top of the daily, and in the middle of the hour....
No good setup besides scalpers inside the bullish flag. I can see Euro pumping up, USDCAD going up, GOLD going down correcting, and OIL getting cheaper at the moment.
STRONG buyers and sellers at 1.66 and 1.25 on weekly..watch closely for a month before making any vast decisions if you are a long term swinger.
Please observe that price slightly broke weekly and next week it could be eaten up and we can head higher. Usually we always pull back just like we did on the hourly frame 7th of Aug zone then we continued down for 3 weeks slowly.
Enjoy the weekend everyone!
