Eurcadshort
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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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 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.
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 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.
EUR/CAD show a bearish movement to find down Money profits!!!Hello guys, in this technical analysis we wil go on short position in this technical analysis, because EUR/CAD show a nice chartist pattern called tripple top, that is a bearish siganl so that Euro is going to drop, specially the Euro vs. Canadian Dollar show that.
So, that is the analysis that I make it.
Now, look in Daily, we see that there are many candlestick that showed a possible drop, specially that we are in this bearish rising wedge to entry here
That is the key analysis in H4 timeframe. That show that we have a tripple bottom marketd in these blue arrow.
I hope that this analysis is support you!!!
So, in the H1 timeframe we see that movement is so bearish soon
So, I put a sell order limit at $1.5540 CAD and the SL at $1.5601 USD, that is 60 pips, because calculated the risk in US Dollar is $4.44 USD, that is considerable within of my risk 10%, because in the last days I earn in EUR/USD and EUR/GBP recently when I Closed up my position, now I have the USD/CAD activate in short as Canadian Dollar is strenghten.
Eurcad Downtrend beginningBeen short in this pair, after all this bullish movements I believe euro starting big downtrend, has been in accumulation phase for more than 4 months creating a bullish sideways movement overall, but this usually its bearish in Long term
Oil Bullish / Cad bullish, Euro Last push on Monthly chart (EURUSD) , still downtrend on Monthly chart
All entries explained and re Entries
Final tp 1.45
this will take months! have patience