EURCAD SetupEURCAD is trading in a bearish parallel channel. It has taken support from base trendline and bulls took control from there. We are expecting bulls further push the price upside.
Trade your levels accordingly.
Eurcadlong
eurcad buyeurcad seems to settling to make a move up towards the 1.45 level, target is conservative as its still bearish but i think its a good price region to look for buys
Daily Bat Complete 🦇EUR/CAD - Nice daily bat completion, price at the D point spiking nicely into the s/d zone before reversing and breaking structure on the lower timeframes and momentum.
I'm expecting a slight pullback then bullish PA. The weekly trend is bullish and price is currently sitting in the .886 of the zone.
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
EurCad- Rise to resistance?Since November, EurCad is trading in a range, with a low of around 1.42 and a high above 1.4550.
Yesterday the pair visited the lower boundary of the range and reversed (Pin Bar on Daily chart)
At this moment there is a high probability of continuation to the upside and traders can look to buy dips under 1.43 with a target at 1.45
A daily close under 1.42 negates this scenario
EURCAD SetupEURCAD has been in presure making lower highs and lower lows but in yesterday's session, it has given a breakout above trendline.
We are expecting bulls to take charge from here and push price to further highs
EURCAD A nice long signal for EURCAD. It is 1:1 risk reward ratio with potential riding the Uptrend.
Best of Luck
EURCAD LONGThe price reacted well to the demand zone, and in this correction we can take a long position.
EUR/CAD Long Confirmation. Long Term Swing Trade Positions into 1.46450 look valid. great Risk Reward on this trade.
EURCADHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/CAD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..
Long opportunity on EURCAD for this week??Share your idea in the comment section about this pair and let's debate
Happy New Year, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
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
EURCADEUR/CAD is forming higher highs and higher lows on the daily timeframe now. Buy at current price i.e. 1.44129.
TP 1: Top of the trendline
Tp 2: 1.45559
Stoploss: 4h closing below ema21
buy opportunity for eurcad after the full multi-timeframe analysis, we decided to buy
but at first, we should wait for clear price action on smaller timeframes.
like and follow :))
EURCAD long callEURCAD is currently at a strong Support zone and sustaining its recent low.
EURCAD
Buy : 1.43570-1.43640
SL : 1.43400
TP1: 1.44270
TP2: 1.44790
EUR/CADBuy: EUR / CAD
SL @ 1.43180
TP @ 1.45190
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
EURCAD Bounce Incoming!EURCAD has established an upward channel and is now almost at the bottom of that channel.
RSI is oversold at 28.9 on the 4Hour, has hit 28 before bouncing back above on the 2Hour and bottomed at 31.8 before bouncing on the 6Hour.
Directly below the price we see the lower boundary of the upward channel and a previous good Demand Zone.
Price may continue down to touch the lower channel boundary and the demand zone, which will push the RSI further into the oversold range and give us a very advantageous Risk/Reward opportunity.
eurcad long trade ideaeurcad is sitting on a strong support! if we look back it failed to break this area! from here i think it will shoot up! disclaimer Trade wisely! its just an idea
EURCAD I Correction and Long Continuation FormingWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
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CAD Daily strength turns to weak sideWhile EUR strength is going to strong side, so Long EURCAD is a reasonable choice, we think the target to be the Supply Zone as shown, good luck!
Retail Money Printers Get To Work! EURCAD Is In A Range Again!Hello My Friend :)
EURCAD is in a range again on the HOURLY TIME FRAME, and although the price movement isn't as "clean" like how I prefer it to be, I would still take it. It might not be an A+ setup, but it can pass off as a B, and if B setups print money too, why sit on it?
Depending on how price moves after it triggers the Limit Order, we might look forward to hit it again.
This trade would be a B setup reason being,
1 - Price has approached the Resistance level marked in Green Line, and has not swiftly came back down in the previous swing.
2 - The 200 SMA is barely below the Horizontal Range on both the Hourly Time Frame and the 4 Hour Time Frame, and both of the time frame's 200SMA is quite flat.
To note, the Red Horizontal Line demarcates the 4 Hour Time Frame's Resistance Level.
OANDA:EURCAD
