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Eurcadanalysis

EURCAD SELL Hello Guys, Happy Sunday trust you are having a Blessed Day, Let’s Focused on EURCAD Sell Movement so Basically I do not have much to say on this analysis but I would probably advise you to save this picture and wait for it to play out before taking a sell because lot of money coming in on EURCAD. We broke our trend line and price went to a support lvl and what we are Currently waiting on price to reject the support lvl so we can see retest on our fib lvl 0.61 area which is the sell Zone, so let’s wait patiently for trade Confirmation, this would be my last a analysis for the day thanks guys.
Short
by GoCrazyfx0
EURCAD : Analysis , 4hHello traders, we want to check the EURCAD chart in the 4-hour time frame. The price is moving in a range zone and has reached the bottom of the channel and the key level of 1.42500. If the price can stabilize itself at the bottom of the channel and the line If it breaks the downward trend, we expect it to grow around the price of 1.44200. Considering that the price has had a sharp fall, there is a high probability that it will break the bottom of the channel downwards if the price can break 1.42300 and at the bottom of this If the price can stabilize itself, we can expect the upward trend line and also the key area of 1.38700 to fall. Good luck.
by mrAT_Trader
#EURCADIn the current situation, according to the negative divergence formed between 3 and the ceiling of the side range, we can expect a decrease to the range of 78.6 Fibo projection of the area of 1.44012, but before that, we have the important resistance area of the pivot point, which must be broken. In the next stage, with the breaking of the pivot area and touching and breaking of the area of 1.44012, we can expect the next target of 100 projections in the area of 1.43397, and among all of them, we cannot ignore the 50% reduction range of the side area in the area of 1.43845. .
by maryammh