Eurcadbuy
💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.4841
TP2= @ 1.4863
TP3= @ 1.4894
TP4= @ 1.4914
TP5= @ 1.4955
SL= Break below S2
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💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.4841
TP2= @ 1.4863
TP3= @ 1.4894
TP4= @ 1.4914
TP5= @ 1.4955
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4768).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.4788
TP2= @ 1.4823
TP3= @ 1.4862
TP4= @ 1.4913
TP5= @ 1.4949
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EURCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4768).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.4788
TP2= @ 1.4823
TP3= @ 1.4862
TP4= @ 1.4913
TP5= @ 1.4949
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURCAD, 1hr tf, upwards movement potential
Same setup as previous trade. We're waiting for price to complete the wave-4 retracement.
We might see price found support around 1.5800-1.5810 area before continue moving upwards.
Buy EURCAD 1.5810
Stop loss 1.5760
Take profit 1.5960 (3R)
Use only 1-2% risk
Good luck
EURCAD, 4hr tf, new bullish cycle
As you can see price rally fiercely yesterday. This could be the start of new short term bullish cycle to the upside for EURCAD.
We're going to start buying EURCAD on every dip.
For starters, we're aiming for this wave cycle. Wait for price to retrace toward 1.5700 area before initianing buy.
Buy EURCAD 1.5700
Stop loss 1.5670
Take profit 1.5810 (3.6R)
Use only 1-2% risk
Good luck
EURCAD Bull Start SoonWe expect EURCAD to move forward upside as it's consolidating a major support area last couple of weeks. Also, the Eurozone covid situation is under control, and most of the tourist spots will open soon.
22 June: EURCAD seeing a bounce hereHi everyone!
Seeing an opportunity to play the bounce here on EURCAD with prices pulling back to the ascending trend line and 78.6% fibonacci retracement, where our entry is placed. Our stop loss is placed below the trend line and recent low and take profit levels are based off the -27.2% and -61.8% retracement. What are your thoughts on EURCAD?
EURCAD Seems to me Bulish Run Ahead!EURCAD daily time frame I can see it will create a W shape pattern and recover its gaining. On the other hand, we can also check the ABC pattern clearly. I'm expecting a strong Bull run.
EURCAD is near support, potential upside to be seenEURCAD prices are approaching key support area and 78.6% retracement and could see a further upside here.
10 June: EURCAD buy opportunity hereHello everyone!
We have a long term bullish bias on EURCAD, on the H4, prices are pulling back to the ascending trend line, in line with the 61.8% fibonacci retracement and we can see a bounce from here. For stop losses, this is placed according to the previous low that was respected by prices and our take profit targets are based off the highs and the second take profit target lines up with the -27% retracement.
EURCAD: angry bulls are commingAs you may see in the chart the pair completed a 3 wave down. this may be the end of a bearish run or just part of it. What is obvious in the chart is that we should have a bullish run at least to 1.5043 which is covered with to PRZ target. first the 1.618 extension of the previous upward movement. And the second is 0.382 fib ret of 3 or c. so I am going long with sl: 1.4700 and tp 1.5043 which brings me a 1/4 risk to reward.
PLZ like and comment if you found this idea useful.
7 June: EURCAD looks good for longHello everyone!
Seeing a trend reversal on EURCAD here, on the H1, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels where we could see a bounce here. On the daily and H4 time frame, in terms of market structure, the resistance zones have been broken. I think we could be seeing a lot more upside on EURCAD for this week. In terms of fundamentals, markets will be watching ECB and BOC interest rates decision closely although we are not expecting any changes to the rates this time. BOC might sound less dovish as compared to its peers.
Trade ideas posted here daily, follow for the latest updates. If you have any views on the currencies please type in the comments below, I'd love to hear them!
EUR/CAD New Short Setup Available, Hope This Time Will Move ! 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
EURCAD, daily tf, elliott wave forecast of wave-IV and wave-VAs you can see price completed wave-III with the all 5 sub waves.
I assume wave-III is completed because waves-5 stopped exactly at 127.2 fibonacci of wave-4.
Notice also it hit the support of this downward channel and bounce back up.
For now, i think we could see upwards movement to complete wave-IV before another leg to the downside.
Buy EURCAD 1.4630-40
Stop loss 1.4530
Take profit 1.5130 (5R)
Use only 1-2% risk
Good luck
After we complete the upwards movement we will then sell again this pair.
The target for this pair sell positions is not determined yet because it will be depend on this wave-IV correction length.
For now we will assume that wave-IV can retrace towards 50% fibonacci level.
As for our stop loss it will be at wave-I area.
We will update when we start selling this pair.
EURCAD Buy Trade Opportunity (My View)Been A Minute!!! CAD Pairs Have Been On A Heavy Downtrend That's Slowly Losing Momentum... Looking To Profit From This Piece Of Information By Longing EURCAD On Buy SetUps... TP Indicated By Dotted Lines SL Indicated On The Chart!!
EUR/CAD New Analysis And 2 Setups Available To Catch 300 PipsThis 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
EUR CAD SHORT ENTRY IM GOING SHORT ON THIS MARKET , DUE :
- RSI DIVERGNCE ON 15 MIN
- BROKEN RESSISTANCE
- 0,61 FIB RETRACEMENT
CONCULSION :
BETTER TO YOU TO FIND SHORT ENTRY BUT KEEP ON MIND THE REVERSAL , DUE THE SOLID TREND & THE H&S PATTERN !
EURCAD, 4hr tf, more upside to be expected
We might see further upside on this pair as it is very bullish right now.
I am going to buy this pair as well because the fundamental direction of CAD and potential drop on oil.
We might start another bullish wave to the upside because this wave-(v) gonna be an extension wave.
Buy EURCAD 1.5030
Stop loss 1.4940
Take profit 1.5380 (3.8R)
Use only 1-2% risk
Good luck
EUR/CAD Hit All Targets +200 Pips And New Entry Available 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
[EURCAD W3 Apr 2021]EURCAD
Long Setup
👉🏻 Price failed to break lower and is forming a corrective Wave-4 and is preparing for another wave up for its final Wave-5. A pending order may be placed when price breaks above wave-D of Wave-4 with the SL and TP shown. A good ratio of 1:2.
