EURCAD - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on EURCAD .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional mid figure 1.36000. My target is imbalance from 1.32640.
Upcoming week on Friday we have news about Unemployment Rate on CAD, that is forecasted to remain the same percentage, it means strong CAD.
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Eurcadsell
EUR/CAD Running In 100 Pips 0 Drawdown , Important Update NowThis 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 Running In 50 Pips 0 Drawdown , Important Update NowThis 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.
Mon 26th September 2022 EUR/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CAD Sell. Enjoy the day all. Cheers. Jim
EUR/CAD Back Again Below Important Res , Good Short Setup NowThis 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 ready to big drop dont missed the Drop Eurcad is ready for a big drop don't miss the Drop. Weekly time frame is down daily time frame is down trending .market break the HL and gave supply zone .market already retest now I m little late but risk reward is great this reason I m inter in sell trade best of lucky
EURCAD SHORTStructure from the price always be a continuation and consolidation. In this case from the EURCAD in time frame, 4h price still in consolidation and waiting for confirmation price will be continuation for falling down or will be bouncing up to the top. in my opinion, this EURCAD will be falling down like what happened before, the chart already makes a flag pattern and it will be my confirmation. Remember to use money management if u take a trade!
EURCAD Short Trade SetupA bearish opportunity recently presented itself on the euro-loonie trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.33000 psychological level, indicating a rejection of the level. A stop loss above the 1.34000 psychological level and a profit target anywhere between your entry and the swing low of 1.28777 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
FX:EURCAD
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EURCAD: Short opportunityAs mentioned on my Monday Overview, it's time to SELL EURCAD.
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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Wed 7th September 2022 EUR/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CAD Sell. I still have another partial Sell trade on. Enjoy the day all. Cheers. Jim
EURCAD sell setup Hi guys. I'm back after two weeks.
We have EURCAD's chart here and two setup for sell positions.
The first setup is placed in the classic price action method and has a better risk and reward. But this position is not my preference.
I prefer to open the second position because it is placed in the smart money method.
You can choose any of them or both of them.
good luck
EUR/CAD Running In 50 Pips 0Drawdown , Important Update NowThis 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 Made H&S Pattern , Short Setup To Get 200 Pips !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- 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
EURCAD- DAILY CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
20 reason for sell EURCADUpdate 3/09/2022
1 Structure 12: bearISH
2 imbalances : target marked
3 Current Move1/2 : impulse
4 Entry TF : h1
4.1 ETF Structure: bear
4.2 move : impulse
5 Support Resistance: Ob resistance
6 FIB: trigger event retracement excepted (fib advance)
7 candle Pattern: rising momentum (ADVANCE CANDLE STICKS CONCEPTS)
8 Chart Pattern: ll hl
9 Volume : dried (VAS)
10 Momentum: below 40 (RSI UNCONVENTIONAL USES)
11 Volatility : walking on the band start (BOLLINGER BAND ADVANCE CONCEPTS)
12 strength: strong start (ADX)
13 Sentiment : euro is much weaker RATE OF CHANGE
14 Final Summary: two entries 1st enter sell at market open 2nd retracement at marked level both for sell
15Buy /Sell/Wait : wait/sell
16 Entry: 1.3119
17 Sl:1.3140
18 Tp:1.2653
19 Risk to reward Ratio: 1:16
20 Excepted Duration :8
Time To BUY EURCAD 1200 PIP Move On The Horizon ?EURCAD has been dropping pretty heavy for nearly 2 years now and analyzing the MONTHLY and WEEKLY charts we have now entered a key long term demand/buy zone and at we touched a strong support level from 2011 this is all indicating that we have a potential 1200 pip BUYING opportunity back up to 1.40.
As you can see on the chart above on the DAILY chart price has been grinding down to this key level and has started to create divergence signals on the MACD price creating new lows while the MACD moving higher indicating slowing of momentum inside a key MONTHLY demand/level thus indicating a reversal is on hand.
What I expect to happen next week is price to maybe come down to test last weeks LOW around 1.29 or maybe slightly lower which will allow me to start positioning myself in this LONG trade.
I will have a stop loss around 1.265 and long term take profit of 1.40 area nearly a 5:1 risk/reward on this position a break and clean close below the weekly demand zone will invalidate this position.
Hope you enjoyed this breakdown happy trading