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Eurcadforcast

EUR/CAD: Interesting Key Level Reached!!Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the EUR/CAD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies. Weekly timeframe: Daily timeframe: 4 hours timeframe: 1 hour timeframe: The market has been following a downtrend since a while and currently approached on a solid weekly key level that rejected the price many times during the past years! The 4h timeframe is showing an interesting movement inside a an ascending channel, so a possibility of a bullish impulse is quite high. Focusing on a lower timeframe the price seems is shifting value area and eventually it could start a new intraday uptrend if the new value area is confirmed. When, where and why would I step into the market? Considering still an overall downtrend, I will need more confirmations before planning a long position on this trade. First of all in order to confirm a possibility of a new channel, I will be looking for a new price control and one more HH and HL to confirm the validity of the pattern, following by an intraday trend reverse. Only when I will satisfy this condition, then I will plan a long position! My SL would be just below the potential HL, manually moving the SL on every swing that the market will probably perform. However, at the moment the price is quite far from the key level, so I will not take any action. If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Long
by UnknownUnicorn18552923
22
EURCADHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. EURCAD view with Order block Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit day guys
Long
by Bexi03
EURCAD (1HR) OUTLOOKLooking at 1H TF of this pair, the momentum does not look weak, hence suggesting that price might go into consolidation for a couple of hours before turning back up. and there is a possible trap for buyers so i suggest we stay woke with our SL levels. Here is what am thinking (for Educational Purposes only):- BUY: Between 1.43563 and 1.43200 SL: 1.42901 Target 1: 1.44444 Target 2: 1.45535 Target 3: 1.46467 Risk Management: 2% max!!!‼️ PLEASE LIKE, COMMENT AND FOLLOW ME 🙏🙏🙏🙏🙏🙏
Long
by Kingsley_lotanna
4
EurCad- Do we have a bottom?EurCad is in a downtrend for 15 months now, with the price dropping 1700 pips, from 1.6 to 1.43. At the beginning of October, the pair has made an important break under 1.46 support and dropped pretty fast to the up-mentioned low. At this moment looks like EurCad is preparing to test the new 1.46 resistance for confirmation and traders can look to buy dips against 1.43. I'm bullish EurCad in medium-term and I will remain so as long as the price is above 1.43
Long
by Mihai_Iacob
6
EUR/CAD Looking For Longing Opportunity EURCADEURCAD reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by NCTrading
1