EURCAD - Sliding LowerEURCAD - My "pair nobody wants" continued its downtrend this week - making entries difficult; at least for myself.
(Regretting closing my short entry at 1.50715)
Fundamentals this week supported further movement in the current direction, from my point of view. Risk off! (Well never, but its lower)
If the week ahead stays within boundaries Ill be looking for something like this to play out - seems probable we can push up to 1.445 area. Would be interested to see if we get a decent reaction there..
Patiently waiting for Thursday afternoon/evening. If you took the time to read this, take a look back at that time for yourself - nice coupler with your other technical preferences, if they so fit there.
Happy Trading - Stay Agile
EURCAD
EURCAD: Short Trade Explained
EURCAD
- Classic bearish formation
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry Level - 1.43356
Stop Loss - 1.44465
Take Profit - 1.41692
Our Risk - 1%
Start protection of your profits from higher levels.
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EURCAD Potential DownsidesHey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.43600 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.43600 support and resistance zone.
Trade safe, Joe.
USDCAD I Bullish CAD News but in the rangeWelcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
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GBPCAD I How to trade it following BOC Rate ReportWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EUR-CAD Will Go UP! Buy!
Hello,Traders!
EUR-CAD keeps falling
Down and the pair
Will soon be quite
Oversold so after
The retest of the horizontal
Support at 1.426 from
Where we are likely
To see a bullish correction
Buy!
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EUR/CAD What Next? BUY!
My dear friends ,
My technical analysis for EUR/CAD is below:
The market is trading on 1.43401 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.43920
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EUR/CAD BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.487 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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EURCAD - 4hrs ( Buy Trade After Retest / Tp Range 250 PIP ) 💲Pair Name : EUR/CAD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( long After Retest )
Type : Mid Term Swing
———————————
🔰Bullish Reversal
1.42800 area
Reasons
- Major Turn level
- Visible Range Lvn
- Price Action Area
- Ultra Volume
- Fibo Golden
- Quarter High Area
🔰Bearish Reversal
1.45500 Area
Reasons
- Major Turn level
- Visible Range Poc
- Inner Down Trend Line
- Fixed range Value
- 2 Quarter High Area
Ecad pullback to short**Find out more from my Tradingview Stream this week**
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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eurcad buynormal smc
I did the entry and sl that large cause we have two OB and market could decide to respect any one-off them.
either ways we are taking the buy
PS: we should always try to look out for our same smc structure on the lower tf so we won't be catching a falling knife cause it's just going to bleed you out.