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Eurcadsetup

Eurcadsetup

EurCad- towards 1.57?Yesterday, EurCad respected 1.5430-15450 support zone and turned violently from this point. A small correction could follow from this point and this can give buyers the opportunity to open a long trade at a better price. That being said, buy dips is my preferred scenario for this pair with a target at 1.57 resistance

Long

EUR/CAD: LONG trade setup all in the picture I advise to check the trade 6hrs from now and book some gains, at least to move the stop into the money. good luck !

Long

by FlukeTrading

Updated

EurCad- Entering strong support zone From 1.6 top eurcad dropped almost 600 pips but the drop is not impulsive and has a very clear corrective move format. Also if we draw a Fibonacci from 1.51 support we can clearly see that this old resistance zone, now support, is confluent with 61% retracement and we can very well be in a "measured move" pattern. That being said I will look for buy opportunities for at least 1.57 target for a swing trade.

Long

Long EURCAD Took a long on EUR/CAD, the market seems to have broken the down trendline, I do have 1 area of concern for a possible resistance (1.56345) Entry 1.55958 Stop LOSS 1.55545 (41 PIPS) Take Profit 1.57601 (164 Pips)

Long

Updated

EURCAD / SHORT We can see price fell from a key level of resistance, its now retracing We will wait for a break of structure before shorting this pair.. im expecting price to bounce off of one of the fibo levels then break structure Once thats done we can look to short

Short

EUR/CAD Technical Analysis The counter is currently sliding down in a descending channel. It hit the upper parallel and is coming down strongly. Further, the RSI indicator has formed a head and shoulder pattern. Hence, we expect the pair to be bearish in the near-term.

Short

Eurcad Buy Setup! Long DISCLAIMER: My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Good Luck!

Long

by surfacetrading

EURCAD, daily tf with line chart, falling wedge/wolfe wave Hello my friends, I sometimes switch to line chart for a better perspective in drawing lines. It eliminate many noises and only focusing on candle close. EURCAD making a nice falling wedge / wolfe wave pattern at daily timeframe in my opinion right now. Price are bullish and moving inside the line i marked. Yesterday candle / friday candle closing below it which could be a false break as today price come back inside the marked area. I am buying EURCAD 1.5580 Stop loss 1.5510 Take profit 1 @1.5650 Take profit 2 @1.5720 Use only 1-2% risk Good Luck

Long

by HayatoDragonFX

EURCAD / SHORT Waiting again for correction break

Short

EURCAD / SHORT IDEA Small short idea

Short

EURCAD Long Setup EURCAD is now in an uptrend. Price seems to be exhausting and looking for a pullback for an entry. Look for price to do a retest at the last level that was broken or look for price to make a double bottom at the higher low. These zones also are in line with the fibonacci levels.

Long

by DNiceChampion

EURCAD Long Idea looking for price to retest the resistancce so I can scalp into a look.

Long

by TraderLloyd1

EURCAD / SHORT IDEA Short idea

Short

EURCAD, MORE SHORTS?!ENG: - EURCAD might be forming a retest at our supportive zone (ex), all the setups are described at the analysis. PT: - EURCAD a formar um possível retest na nossa ex zona de suporte, todos os setups possíveis estão descritos na análise acima.

Updated

EURCAD Sell - SL 200 Pips and target 1000 Pips /. big entry Follow me for more big trade

by morshedul-munna

EURCAD SHORT SETUP EURCAD this week has rejected the weekly resistance and now we are looking for a sell entry which might occur after the price breaks and retest this consolidation. We need to consider that if price breaks above the consolidation ,it might just retrace to fibonacci levels and still continue to the downside.

Short

by BACKTESTING12

EURCAD / SHORT IDEA Waiting for price to break the highlighted area and a pullback before entry

Short

Golden Zone -- EURCAD Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!

Short

by morshedul-munna

EURCAD reversed from resistance, potential drop! EURCAD reversed off its resistance at 1.57291 where it could potentially drop further to 1.56199. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Short

by TradeGATEHub

EUR/CAD LONG SET UP & SIGNAL TITLE/(DATE)- EUR/CAD ASSET- FOREX PLATFORM-MT4 ORDER TYPE- BUY LIMIT Time Frame-4hr ENTRY PRICE 1- 1.57080 (pending) ENTRY 2- 1.56880 (pending) STOP LOSS- 1.56680(40 PIPs) TAKE PROFIT 1- 1.57580 (50 PIPS) TAKE PROFIT 2- 1.58080 (100 PIPS) TAKE PROFIT 3- 1.58580 (150 PIPS) TAKE PROFIT 4- 1.59080(200 PIPS) TAKE PROFIT 5- 1.59580(250 PIPS) STATUS: ACTIVE DROP A LIKE AND COMMENT FOR MORE SIGNALS

Long

by MavRich_Trading

ERUCAD LOOKING TO SELL SOON EURCAD has hit the KEY LEVEL where it also reversed before multiple times if you look in the D1 Chart, wait for Bearish price action to confirm and place SL Just above the Key Level Shown in this Snippet. PLEASE NOTE : This is Just personal preference I will not be responsible for any loss. Tell me your views on this in the comments.

Short

by magic_forex_trades

Eurcad setting for a downtrend Eurcad is setting for a reversal, watch price action to add on corrections, we are at the top on this pair Good luck everyone

Short

EURCAD / SELL We can see a trendline break and a retest of the area, once price breaks this line again I anticipate a big drop

Short

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