EUR/CAD EUR/CAD is follow bearish trend and comes up after touch lower trend line and now enter new trend perfect time to buy for 2 weeks
Eurcadshort
Bearish Trade EURCAD 4HBearish trade idea on the EURCAD 4H...
Price has been in a downtrend for months.
Price is now in a descending wedge and has recently broken most recent outside return to the downside.
Price has touched the upper support trend line 3 times and respected on the third touch.
Price was rejected at the 618 Fibonacci retracement from the most recent swing high.
Price is also at previous level of structure resistance.
Price also put in lower low, lower close candle.
Entry price was at 1.38953
Stop loss set at 1.40070
Take profit 1 set at next obvious level of structure (conservative profit taking) 1.37741
Take profit 2 set at lowest close of most recent outside return 1.36878
I will remove half my position size at TP 1 and move SL to breakeven.
EUR/CADSell: EUR / CAD
SL @ 1.37185
TP @ 1.34400
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
EURCAD | BREAKING CHANNELEURCAD has been trading in bearish parallel channel from the start of this month. It has defined the bottom around 1.35900 where we witness consolidation. Recently price has broken the consolidation box and trading above it.
We remain watchful of the falling channel resistance zone and will be bullish if the price break and sustain above it.
EUR/CAD Bearish Price Action Give Us Short Setup To Get 200 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
EURCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/CADBuy: EUR / CAD
Buy Limit: 1.37955
SL @ 1.37260
TP @ 1.39390
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 | BREAKOUT AHEADEURCAD has produced a breakout from the falling trendline and is trading above it. Recently price action is consolidating in a box as highlighted on the chart. We are still bullish in this pair with two strategies;
A buy on dip till falling trendline
Or
Breakout above the resistance zone will be safe enough for long positions.
Trade your levels accordingly.
EURCAD IS SHORTMy views on EURCAD is bearish heading towards the support line of 1.3351 to retest it or break it.
EURCAD shortHey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.375 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EUR/CADSell: EUR / CAD
Sell Limit: 1.37690
SL @ 1.38430
TP @ 1.36530
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
EUR/CAD Finally Closed Below Our Supp , Time To Sell It ? 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 ShortsLooking at this trade,I believe best that eurcad may sell to a specific support before looking for buys .
EUR/CAD FallAny pullback is an opportunity to sell. We wait retest resistance until we take the sell position
EURCAD ShortHey traders, in the coming week we are monitoring EURCAD for a selling opportunity around 1.377 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCAD LONG IDEAHello Traders,
Hope you are having an amazing week.
Above is my analysis on EURCAD , overall perspective is very BULLISH
Expecting this level of supply to hold !
Always move stops to breakeven after +25 pip moves
Looking forward to see how this plays out.
Thank you for your support,
ETGL TEAM 💛
EURCAD | BUY ON SUPPORTEURCAD after being in a symmetrical triangle, gave a break below on 18th March.. Since then we see a decline in the price sharply.
The current price is approaching to the support zone which gave a good bounce of more than 400 pips when it lasted tested on 7th march.
Trade your levels accordingly.
EURCAD | BREAKING TRIANGLEEURCAD has broken the symmetrical traingle and currently trading below it. We are expecting bears will take this down to 1.37800 level, where it can find temporary supports there.
Any strength is the good shorting opportunity in it.
EUR/CAD - Short Sell on Higher Oil & Interest Rate DifferentialsIn this video I breakdown why EUR/CAD continues to weaken to the downside as Higher Oil prices support the commodity-linked Canadian Dollar.
I also breakdown how interest rate differentials favors investors to sell euros to Buy Canadian Government Bonds paying a significant premium over Bunds.
Europe's economic outlook continues to turn grim as the war in Ukraine is very damaging for Europe's economy that is heavily reliant on Russian Oil and Gas exports.
EURCAD (SHORT) 🔥🔥🔥BULLISH PENNANT FORMATION.
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
EURCAD SELL ENTRY - BACK TO MA100SELL ENTRY for EURCAD
Stop Loss : 1.4100
Entry : 1.4070 to 1.4080
TP1: 1.3858
Time Frame: 1Hr
Price getting back to MA100 at 1 Hour will signal massive selling.
Strong OIL - Strong CAD
