Get started

Eurcadshort

EURCAD 1H👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Short
by med-aaris
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
Short
by FXtrades-gp
4
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.
Short
by harisonhbn9718
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.
Short
by harisonhbn9718
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. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
1
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
Short
by GWBFX
EURCAD: Will the price COLLAPSE on this PULLBACK?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 perspective, since March 2020, the price has been moving creating a nice ascending channel, getting many rejections on the resistance zone at about 1.57953 and bouncing on the dynamic support on the main trendline. In the daily chart, since May 2020, the price has been following the main weekly trendline and only few days ago it broke that for the first time. In the h4 chart, since the end of December, after a clear rejection on the main resistance level, a strong impulse moved the price down starting a falling wedge pattern, breaking it on the 13th of January. (Many rejections on the dynamic S/R Level are an extra confirmation of the validity of that pattern). During the last session the price reached the same level and the next price action around this zone will be essential to understand the next market movement. 🔴 Conclusion : ✔️ The price broke an important weekly trendline and it's actually pullback on the dynamic S/R level of the falling wedge. I'm confident to see the price falling down trying to reach the next secondary trendline and my next target would be the level at 1.52805. 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
Short
by FXtrades-gp
6
EURCAD - Bearish BiasEUR - BEARISH 1️⃣ Concerns over rising COVID-19 cases, fresh lockdowns and the slow pace of vaccination. 2️⃣ The European Central Bank's economic bulletin showed that Euro Area economic indicators pointed to a fourth-quarter economic contraction. 3️⃣ The bloc's consumer prices remained in deflationary territory in December, while retail trade in November fell more than expected. CAD - BULLISH 1️⃣ Coronavirus vaccination rollout is raising prospects of a swift economic recovery in the new year, although the pandemic is still far from controlled. 2️⃣ The Canadian economy advanced 0.4% in October, the 6th straight month of growth and the Manufacturing PMI for December was the strongest on record. 3️⃣ Rallied in oil prices boosted the CAD. ===== Technical ===== We are looking to sell the EURCAD below the resistance of 1.56200 + around SMA 50 on the H1 chart.
Short
by MonsunAsia