Eurcadshort
EURCAD Sell SignalHey traders, here is the analysis for the EURCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURCAD 4HR LONG SETUPEURCAD 4HR :
EURCAD after crossing 4hr Trendline Price Currently moving towards Day Level Resistance Zone.
If it crosses resistance zone and day trendline ..Wait for Retest and then Go LONG..
EURCAD Analysis/PatternEURCAD has hit a huge support level and we can expect growth from here.. Leave your comments below
=Marina F
EURCAD ANALYSISEURCAD BOUNCED FROM THE SUPPORT AND MAKING INVERSE HEAD AND SHOULDER .
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Idea is not the financial advice!
EURCAD - Bounce UpwardsThis move looks exhausted, I want to begin to see the bulls take control of this pair. I think a dip into the order block is likely before upside continuation into the targets marked.
EURCAD Short trade ideaHey traders, here is the analysis for the EURCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURCAD: An upcoming BEARISH WAVE?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/CAD
⚪ Technical Analysis :
Since the end of December 2020, the price has been moving with a strong downtrend, breaking through the main S/R level at about 1.54200 but quickly back above the same level.
On the 28th of January 2021, the price reached an interesting S/R zone at about 1.56000, that rejected it many times in the past.
Few re-tests on the same level and the price started falling down again, trying to reach now its previos support zone.
If you would like to have a quick look on my previous analysis, you can click the link below:
🔴 Conclusion :
In the daily perspective the price is clearly following a strong descending channel and it seems is starting a new bearish wave.
I'm confident to see the price breaking through the support zone at about 1.54100, falling down until its next support.
I'm already holding a short position on this trade and I'd add a new short position if the price will properly break the level 1.54000.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
EUR/CAD: Sell pressure in the trend; explain it!!!In this analysis, we see that the day trading it's so bearish in Euro/Canadian Dollar or EUR/CAD.
Now, I'm enfocous more in H2 tmeframe becuase in this point, there's an interesting good short position in this par that we can to sell right now in the market. There's a short opportunity to find down 102 pips, that it's a good profit to take it. I'm in the market price approximately in the $1.5439 CAD with the SL at $1.5480 CAD (45 pips) and my target will be the $1.5332 CAD (102 pips)
This analysis in H8 timeframe it's the best to watch, becuase if you noticed it, we following this bearsih trend line that I also show them with red arrows these reaction that they make.
So, I entry right now in the market using the price action in H2 timeframe, H4 it's ok, but I'd reccomend this timeframe H2 becuase it's the better, and also, this par it's so volatile and so liquidated that make movement so fast!!!
And that, it's my Daily chart, we see that EUR/CAD it's into this cosnolidation and maybe in shott term, we could to leading down to these demand zone, in this yellow zone to bought, that it's a nice position ot put long position in these yellow zone in the down that formed this support!!!
EURCAD short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURCAD 1H👋 Hello and welcome traders to another trade
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EURCAD: Entry SHORT on this REJECTION!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/CAD
⚪ Technical Analysis :
In the weekly time frame, since August 2012, the price has been following a really strong ascending channel, keeping the price over its dynamic trendline.
It has currently reached an interesting resistance zone that rejected the price many times in the past.
In the daily time frame, since July 2020, the price has been following a strong descending channel, bouncing many times on its S/R dynamic lines.
It's currently re-testing a S/R zone at about 1.54950.
In the h4 time frame, on the 13th of January 2021, the price broke a secondary trendline, reached and got a rejection on the main channel and it's now re-testing the same level with a great chance to collapse down.
🔴 Conclusion :
During the last days we saw more than 200 pips of uptrend, and I'm confident to see a trend correction until the support zone at about 1.54150.
I'll be waiting for a proper rejection on the secondary trendline before entry short on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
EURCAD ShortHello, This is my analysis for EURCAD at TF 1H.
Reason Sell : Hit Resistance
Kindly follow me for more analysis! I might be young but my analysis can be sharp! Goodluck and All The Best!
EUR/CAD: Possible sell position 0.392% of FibonacciIn this analysis, we see that EUR/CAD it's continue down toward the $1.51 CAD. So, at the moment, we can see a good opportunit of over 200 pips.. We see how the EUR/CAD it's make a drop to continue downtrend.
In the H8 timeframe, the trend it's so clearly to continue sell EUR/CAD, Also, there's an interesting key point that we can to sell at $1.5361 CAD, that point it's make support in the past 2 points and now, this could be a possible resistance. So, for that, the most it's to wait to confirmation to entry to sell.
And looking the Daily chart it's extremely bearish to sell it.
EUR/CAD: Bearish trend!!! Plan to trade!!!Euro/Canadian Dollar it's continue downtrend and we see that we can to get a big opportunity to trade this par. As we break down this simetric triangle of distribution, EUR/CAD it's going to down and we hope that going to end the formation of this ascendent triangle that we formed in monthly timeframe.
Another possibility it's into this ascendent triangle, we can to see a bullish channel, that it's so interesting to trade in short position in this par.
I will selected this par to trade in Prime XTB for the next week becuase the trend in weekly chart it's so claearly to sell.
EURCAD: BEARISH Continuation Targeting 161.8% Fib LevelToday's candle shown us a weak BULLISH movement with no clear rejection at 1.5320 support level. As of now, it seems likely a breakout rather than a fakeout. We can see that today's candle is retesting the broken support level @1.5320 which is now the resistance level. I am expecting BNEARISH movement to continue for this pair bring price towards the demand zone which I have identified.
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EURCAD short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURCAD Next Step!Hello Fellow Traders, Here is a Full Updated Analysis on EURCAD
Conditions -
1. Wait for confirmation(Wait For Price Action Confirmation / Break of structure )
2 .Use Risk Management (Risk 1% of your capital)
3. Do your Own analysis!
4. Entry on The 4H Timeframe!
5. Show some support Below!
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
