Get started

Eurcadshort

Short EURCADAfter a nice bearish move, this pair has been in a descending channel for the past 3 weeks. It has recently made a lower high and I sense that it will break out to the downside in the next week or so, to resume the down trend. I am looking for a lower high to form to take my short entry. There is support coming up between 1.5180 and 1.5230 that I will target. If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
Short
by Trading_Vista
3
EURCAD SHORT PRICE ACTION FORECAST Price remains trading within a descending channel. Strong bearish bias continuation allows the setup os a short position to capture the downward movement. Expecting the downtrend continuation after rejection from the EMA allows a sell stop entry to be placed. The order: Type: sell-stop S/L: 44 pips - R:R | 1:3.4 - T/P: previous resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURCAD H4 SHORT PRICE ACTION FORECAST Another Euro pair under the bears' control, but in this case, more structural with the price structure, getting rejected by FIB levels and bouncing from the 50EMA in a clear downtrend. Expecting that the price create the new downward impulse it will fill a short entry with the following elements The order: Type: sell-stop S/L: 75 pips - R:R | 1:3 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EUR/CAD Technical Analysis.Currently, EUR/CAD is trading at 1.5625. The pair is trading in a downtrend from some time by making channel patterns in the resistance and support wedges. The price is about to touch the resistance level at 1.5673 and it may rebound back from there. The pair is in downtrend from some time, so it may continue its down-trend and touch its support level at 1.5495 after rebounding from the resistance level. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex technical analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5
EURCAD TRADE PLANEURCAD 60 EURO FX/CANADIAN DOLLAR FX Technical Analysis:- FX:EURCAD Broke Daily Support as Well Pressure on 4HR supportandresistance WE put Our Entry At 50% Pullback And Reward at 3times the ATR With Measured AND Controlled RISK fundamental;- FX:EURUSD is weak Currency Due to Second Wave of COVID-19 AND Spokesperson Foreign Office Of Germany Put Excess Pressure on FX:EURUSD While CAD is proving Strong As They locked thier border And Demand In NYMEX:CL1! Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. 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.
Short
by ForexDity
1
EURCAD H4 SHORT PRICE ACTION FORECAST With the Euro under sellers pressure, currently under a correction, we could expect the pullback towards the Fib golden level for further bearish continuation. The current price structure allows the setup of entry at the confluence level, where the Fib level encounters the descending trendline. The order: Type: sell-limit S/L: 100 pips - R:R | 1:3 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER