Eurcad potential shortNot fan of elliot wave
But i believe long time has come to the end
We are short now
Good luck
Eurcadshort
EURCAD CHART MONDAY 24 APRIL 2023EURCAD CHART ANALYSIS POSTED ON MONDAY!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Thanks in advance for checking my trade idea.
EURCAD Short Daily ChartReasons for selling:
Trendline breakout
Risings wedge breakout
Key level breakout
Change from bullish to bearish market structure.
The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities
inline with the bearish higher time frame trend.
EUR/CAD Short setupHere is a potential short setting up. I think it will be a while until price gets there if it choses to push up. It looks very similar to GBP/JPY but a few days ahead. I'll break down the similarities in the future. There were levels that were hit and price barely missed this last level before turning down. This level is still in play and I will be paying close attention in the coming days. FX:EURCAD
EURCAD - Sell idea for a RRR of 13:1Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
FX:EURCAD is following structure to my liking, seeing a great opportunity for selling this all the way down.
Risking 1% for 13%, I always take amount invested as partial and let rest run.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
EURCAD Rising wedge breakout Daily TF EURCAD rising wedge breakout on daily TF
Taking short and hold till 1.4
Not a financial advise just I am Sharing my trade
EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: We are here in bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.46000, as well 0.786 level of FIBO which is discount zone.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
Like, comment and subscribe to be in touch with my content!
eurcad analysis whats up traders! looking here at eurcad looks decent for a 1/1.5 R/R trade
inofmration shared is for educational and demo purposes only!
disclaimer- trading is risky and you can loose some or all of you money trading in the financial markets!
EURCAD 1H BEARISHEURCAD 1H is printing descending triangle pattern so we placed sell stop below the support with the sl at LH.
eurcadthis will be my next idea for eurcad it will respect these zone and gonna up if reach stop i will hold sell stop idea
SELL Trade Triggered In We Go.....Quick update on this idea posted a couple of days ago as expected we got the move up to create the new high into the Weekly SELL/DEMAND inside the Monthly area above 1.48 and into the 1.49.
As wrote in the last post that I would be looking for a 12hour or Daily signal on my TRFX king to enter the market which has just given the signal so in we go :)
I will keep you updated on the progress of this position Enjoy!
eurcad sellFX:EURCAD
The first trade idea for eurcad didn't pan out as expected, price ended up trickling up to test resistance at 1.47829.
New trade idea, I'm looking to sell only if price fall below 1.47400 and then a 15 min consolidation or if price creates a 3-touch channel as I indicated on the chart, then I can confidently look for a short position
EurCad ShortI am going short on EurCad as it has form an double top pattern. My setup will be invalid if it breaks above the resistance and continues to buy
eurcad sellwaiting for price to pill back ti 1.47100 and consolidate on a 15min timeframe then sell.
profit targert 1.46500
stoploss 1.47200
Getting Ready To SELL On Approach To This Level....This pair has just popped a new HIGH on the Monthly charts and took out a previous MONTHLY SUPPLY SELL zone and looks like it has it's sights set on the 1.50 price level which sits nicely inside a MONTHLY SUPPLY/SELL zone which starts around 1.48 which is marked in red on the chart.
Inside the Monthly level sits a nice WEEKLY SUPPLY/SELL also which is around the 1,50 mark this where I expect sellers to come back into the market.
I will use my TRFX indicator to start to look for a daily sell signal as price moves above the 1.48 mark target for this trade will be the newly formed DEMAND/BUY level which is around 1.43.
This is a great swing trade idea will keep you updated when I get the entry trigger happy trading.
EurCad ShortI am looking to short EurCad as it is at a strong resistance/support zone and it did a fake break out on the trendline. My setup will be invalid if it passes the orange resistance and closes above it, that is when I will know that we are still continuing with buys
Yemi_FX | Short for EURCADAfter the impulsive leg, price start to consolidate printing a bearish flag continuation pattern. Anticipating for the next impulsive movement.
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Eurcad Looking Weak Showing Signs Of Bearish wave
Forming Rising Wedge In daily timeframe Incase Of breakout expecting 400 to 420 pips Bearish Move
Rsi Massive Bearish Divergence Also Confirming Bearish Move Keep Eyes On for Breakout
EURCAD SHORT TRADEI think EURCAD will go up as clearly described on the chart.
My entry, take profit and stop loss are clearly marked as well.
Disclaimer
This publication is financial advice but strictly for educational purposes only.
EURCAD Selliinnggg!!!!!!!Looks like EURCAD is good for selling right now! What do you think? Comment your analysis on EURCAD.
EURCADIn the daily time frame, we reached a strong resistance level, and in the lower time frames, we see weakness in the current movement. This weakness can be seen in the negative divergence and we expect to see the price return to the specified area in these areas.
By checking the skewness coefficient, we realize that this weakness started from very low areas and became more obvious at the current peak.
According to the news on both the euro and the Canadian dollar, it is not unlikely that it will hold for a few hours in this area and it is better to wait for the failure of the red area.
