Eur/CadLooking to place a sell limit @ 1.49279
Stop Loss @ 1.49699 (42 pips)
Take Profit @ 1.48423 (85 pips)
Eurcadanalysis
EURCAD will fly any moment EURCAD bullish pattern ready to a spike up next months
Watch lower timeframes for the best entries for the up movement
Good luck
Key Level Trade SetupThis is a really good key level trade setup. We are sitting on the strongest level on the chart: the monthly.
Since there is a bearish engulfing that formed on the weekly. Pretty sure we're going to go up this week to retest it around the 1.52359 area to retest before continuing down.
BULL TPS:
• 1.50871
• 1.51494
• 1.51918
• 1.52278
BEAR TPS:
• 1.50533
• 1.49638
• 1.48699
• 1.47279
💡 EUR/CAD Swing Short potential Hey traders👨💻 This pair looks like it will eventually melt down. Keeping a close eye on this pair. As soon as I see confirmation I'll be riding it down 🌊 If you like the content leave a like and comment it's all appreciated 🤍
EURCAD - Daily LowsWe closed strongly bearish below the previous daily low points introducing sellers in the market.
I believe this could simply be a liquidy grab and for that reason, I am still targeting some upside, I would like price action follow the arrow marked.
EURCAD on crucial pointEURCAD is on a crucial point. It hit the bottom of the horizontal channel in which it is moving for some time now. If the bottom of the channel holds and provide support we can have some upward momentum towards the top of the channel. If the support fails to hold and if it break downwards, we can face a massive drop to the monthly trendline (blackline). So buy if the support holds, sell if it breaks.
📢EUR/CAD Potential swing short opportunity Hey traders 👨💻💰
Looking at this pair if we can break and close below support structure at 1.50560 there is a nice gap to be filled. Before this happens there could be a correction to the Fib level 61.8. However it looks like a nice opportunity. It's on my watchlist for this week. 👀👀
What I'd love to see on EURCAD!EURCAD at a decision point. If my trendline breaks as previous trendlines did, price would go lower. However, presently price sits on my trendline. Lets see how another probability plays out
EURCAD LIVE ANALYSIS 07/03/2021the EUR is getting weak, we believe the strength of the CAD will make massive impact on the currency pair this week.....We are expecting a push up from current position to an area of resistance, then we will be taking a nice short position with good risk to reward ratio....
NB: Risk management largely advised.
[EURCAD W1 Mar 2021]EURCAD
Long Setup
Harmonic pattern + Potential Elliot Wave Theory
1st target of harmonic pattern is 50.0% fibonacci retracement. 2nd target is a potential Wave-3 of the impulse wave up
EURCAD Longs 1.5210nice buying opportunity in this zone of 1.5210 2.46RR with three tp targets
of course if this zone don't hold then we will most likely get a break and retest for further shorts. trade wisely ✌
EUR/CAD Multi-Timeframe analysis (03/02)Hi Traders
EUR/CAD Multi-Timeframe analysis (03/02)
H1 Chart (Bearish)
Target 2 at 1.52525 has been reached. We closed the remaining 50% of our position and now we are looking for the next opportunity to enter the market.
Support & Resistance
1.53327 1.53548
1.53030 1.53833
1.52898 1.53965
H4 Chart (Strong UP)
The market is approaching the support at 1.52821 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.52619 level.
Support & Resistance
1.52821 1.53124
1.52619 1.53498
1.52092 1.53833
Daily Chart (Strong Down)
The market is approaching the resistance at 1.54016 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.55924 level.
Support & Resistance
1.52666 1.54016
1.52092 1.55924
1.51065 1.57096
Weekly Chart (Neutral)
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EURCAD giving us a long entry!After the entry of yesterday, closed before the market gap, we have now another entry in the opposite direction with the next confirmations: 1. retest on the line trend, 2. rejects the O&D zone, good day to every trader and have a nice day!
EURCAD BUY SETUP 1:3 RREURCAD wait to test key level and BUY when have bullish candle on that support.
EURCAD to drop another leg downwardsEURCAD is currently trading previous support turned resistance of 1.53761, expect to face rejection and continue to drop to the region of 1.5100
EUR/CAD Multi-Timeframe analysis (Update)Hi Traders
EUR/CAD Multi-Timeframe analysis (Update)
H1 CHART ( Bullish )
A medium probability, entry signal to go LONG was given at 1.53623 after the market found support at 1.53317 . Only the downward break of 1.53317 would cancel the bullish scenario.
Support & Resistances
1.53328 1.53548
1.53030 1.53735
1.52898 1.53975
H4 CHART ( Neutral )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.53124 1.53498
1.52619 1.53782
1.52092 1.54414
DAILY CHART ( Strong Down )
Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level.
Support & Resistances
1.52660 1.52666
1.50744 1.54016
1.47486 1.55924
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EURCAD 2-H Analysis EURCAD has broken the descending channel.
Look for a suitable price after correction to go long according to analysis, Enjoy!
f you agree Or have another idea you can leave a comment below. Thanks!
"DONT FORGET MONEY MANAGEMENT GUYS"
EUR/CAD BUYEUR/CAD has been in a descending channel since the beginning of the month.
The pair managed to break the channel and retested on it ( Trend line breakout )
I expect EUR/CAD to buy until it reaches the red daily trend line .
EUR/CAD Multi-Timeframe analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 CHART ( Strong Up )
The market is approaching the support at 1.53258 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.53039 level.
Support & Resistances
1.53258 1.53486
1.53039 1.53548
1.52678 1.53719
H4 CHART ( BEARISH )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.53124 1.53498
1.52619 1.53782
1.52092 1.54414
DAILY CHART ( NEUTRAL )
Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level.
Support & Resistances
1.52660 1.52666
1.50744 1.54016
1.47486 1.55924
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EURCAD daily analysis
The daily chart shows correction is finished with ABC pattern in a descending channel. What do you think?
find a suitable price to enter, enjoy!
f you agree Or have another idea you can leave a comment below. Thanks!
"DONT FORGET MONEY MANAGEMENT GUYS"
EURCAD Weekly analysis Look at this chart, #EURCAD
weekly analysis on EURCAD seems correction is finished, What do you think?
if you agree Or have another idea you can leave a comment below. Thanks!
"DONT FORGET MONEY MANAGEMENT GUYS"
EUR/CAD Technical Analysis.Hello traders, EUR/CAD is trading at 1.5262. The price is trading in downward resistance and support channel and can rebound back from its support level. As the price has already touched its support level, it can rebound back to resistance level. If the price breaks 1.5265 price level then it can touch the resistance level at 1.5297.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
EURCAD Longs 1.53 zone Went to a classic colorway candlestick and background from mt4 looks much better will stick to it for now :D anyways here we have strong demand zone for EurCad 1.53 whole level zone 3 tp targets which is something I always practiced was structural highs and lows as illustrated. 30 pip stop in place MMs could still stop lower and climb if so than a re entry could be considered. like, sub for more ideas 🙏👍
