EURCAD LONGDowntrend breakdown and Supdem support -
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Eurcadanalysis
EURCAD Triple bottom formation??#eurcad, until hold support 1.3400 may expect forming triple bottom, 1.3560 need to break for confirmation.
Jamie Gun2Head - Buying EURCADTrade Idea: Buy EURCAD
Reasoning: HIGHLY SPECULATIVE - scalping longer term support
Entry Level: 1.3401
Take Profit Level: 1.3521
Stop Loss: 1.3377
Risk/Reward: 5:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Eurcad textbook setup long?Eucad has approached an important resistance on the 4H which it has respected 2 times.
A descending triangle approaches the key level, an impulsive breakout of the traingle and a minor resistance shld confirm longs.
EUR/CAD LONG SETUPwait to broke a falling trend line at 1.34630 we wait a retest and take a buy postion ,The scenario differs in case closing a 4h candle below 1.33700 It will break the triple support
EURCAD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 1.340 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURCAD is in Downtrend and It is Expected to Continue Downtrend.
ECAD TO THE DOWNSIDE!!!As investors await the NFP data in 2 hours time, i'm expecting ECAD to close this week below last week's low and forming a new low below 1.134400.
EUR/CAD SETUPwith close a daily bullish candle and bullish flag, i expect rise to touch resistance top of channel +0.38 fibo + ema 200 then continue sell
DeGRAM | EURCAD trend continuation EURCAD recently tested support levels.
It's pulling back to previous resistance zone.
We anticipate simple trend continuation trade.
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EUR/CAD Multi-Timeframe & Order Flow Analysis !In this video, I will be sharing How To Trade Like Banks Using Accumulation & Distribution and give my forex tutorial so you can watch it to possibly improve your forex trading skillset. The concept of accumulation & distribution in forex trading is very important to understand the cycles that the market goes through and not remain trapped in sideways moving markets with tons of manipulations.
EURCAD Down Trend.!#EURCAD Looking for Sell trade setup as I mentioned in the Chart.!
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Thank You.!
EUR/CAD Will Go upWait to see the price trade above 1.38100 to confirm breaking the triple top to take a swing deal that reaches 400 pips. The price is rising from a historical support that achieved a double bottom inside the falling channel, and I expect broke a channel for long term
EURCAD LONGEURCAD BUY - 4H CHART
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EURCAD | NEw perspectiveIf we look closely into what has been happening since yesterday on a lower timeframe, we will notice how it appears that price action has been rejecting the Bearish trendline identified on the daily time frame. In this regard, I want to be looking forward to selling opportunities right below the key level identified at 1.36900
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURCAD | BREAKOUT INSIGHTEURCAD has given a breakout from long-term falling resistance after 4 months.
The pair looks bullish as after the double bottom formation, the price is making higher highs and higher lows.
One can form different strategies here;
1. Buy at the current price
2. Buy on a retest of the trendline.
3. Buy on breakout of horizontal level 1.37713.
Manage your risk accordingly.
Long on EURCADWe are aiming at going long on EURCAD and taking advantage of a potential upward tick in the currency pair, with targets as follows:
TP: 1.36182
SL: 1.34899
DeGRAM | EURCAD momentumEURCAD is forming an ascending channel.
Notice how price is making sharp upward moves and very shallow pullbacks.
The best level to buy would be at psychological level 1.35000.
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EURCAD | BUY ABOVE 38% FIBEURCAD has defined bottom around 1.33900 where we saw double bottom with bullish divergence. Since then price has appreciated more than 100 pips.
Currently price is trading under 38% fib, a break above which will call for more bullish upside.
EURCAD LONG EURCAD bounced from the MAJOR lower support level on the H4 and WEEKLY time frame, . we expecting the pair to retest the key levels listed on the chart.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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EUR/CAD Both Entries Running In 400 Pips 0Drawdown , New Update This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
New Updated Idea For EURCADWe have see clearly that price has broken our demand zone and we are now in our last point of demand on EURCAD so therefore we will now look to see price make a higher low from this zone or break it further continuing the downward trend.
