Sell after correctionWaiting for this correction to be finished by either creating a double top and waiting for a strong sell signal at the double top.. or we fail to reach to create a new high and we break the flag pattern
Eurcadshort
EURCAD SHORT SETUPEURCAD 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.
EURCAD H4 SHORT PRICE ACTION FORECAST This pair is forming an unbeatable H&S pattern for bearish confirmation. Reaching and getting a rejection from resistance at D1, creating a double top from the weekly domain give enough evidence to the downward movement to be experienced in this pair.
Further confirmation before a short order is required, such as break and re-test of the supply zone (pattern neck)
The order:
Type: sell-limit
S/L: 90 pips - R:R | 1:3 -
T/P: demand zone
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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.
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Thank you for your support!
EUR/CAD back inside ascending channel💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
EUR/CAD is back inside the ascending channel after fake out. Now we expect price to drop to test support line of this channel.
Let us know what you think about this idea.
Trade safe !
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.
EURCADThis pair looks like its forming the right shoulder of a little head and shoulder. Waiting for price to hit the 50% fib then maybe take a short. We will find out.
EURCAD H4 SHORT PRICE ACTION FORECASTIn the weekly domain, the price has recently reached a physiological resistance level. Recording a strong rejection from buyers that weren't able to push the price to a new high.
That rejection has formed a double top pattern signaling a strong bearish momentum towards the pair. Now checking into H4, a short entry confirmation is expected as a pullback from the previous strong bearish candle and the support from price consolidation.
The order:
Type: sell-stop
S/L: 80 pips - R:R | 1:2 -
T/P: Fib level
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EURCAD - Lovely Set-UpWe will consider a sell position only if we see the price break below the significant structure marked. Once this happens, we can look to take a sell from the pullback down into the key level marked for a great risk to reward trade. Until then we must remain patient because anything can happen especially with the current market conditions.
Looking for continuation to downsideLooking for some sort of continuation pattern for further downside momentum
EURCAD Short Trade IdeaHello traders, here is the analysis for 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.
EUR/CHF Wave Analysis
The counter has completed a bear cycle and is due for a correction.
It formed an inverted head and shoulder pattern in the lower timeframes and has broken out.
Hence, we expect the counter to be bullish in the near-term.
ERUCAD LOOKING TO SELL SOONEURCAD 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.
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
EURCAD H1 SHORT PRICE ACTION FORECAST Euro has been showing a bearish pressure across the board, finding resistance towards the descending trendline, it allows the setup of a short entry if the price doesn't manage to get support in the current level.
The order:
Type: sell-stop
S/L: 47 pips - R:R | 1:2 -
T/P: ascending trendline
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EUR/CAD entering resistance area💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
EUR/CAD has made a strong move up, but now faces first major hurdle. Will momentum continue and price breaks through this key resistance ? We will closely monitor price before opening any short positions.
Let us know what you think about this idea.
Trade safe !
Come Through Chart PatternsOn the 1H and who do you see ... Head & Shoulders (chart pattern).
If you enter now, you're looking at 22 pips which is good for a scalper assuming there is no retracement back up to 1.55. I'll rather enter below the 1.54 on a good bearish price action. (Alerts Set)
With this move you're looking at a good 83 pips if you land on the trendline.
EUR/CAD Short setup.Hey, back with another Forex idea, EUR/CAD Short.
EUR/CAD has been a good trade for me in long direction, posted two days ago
This time, still in same range, just shorting, take profit is in the middle of the area, because the pair is in uptrend, but has seen a strong peak, bearish div, resistance testing...
Short entry
1.55300 - 1.55490
TP level
1.54845
SL above
1.55747
Good luck with your trading! Hit me up with any questions.
