EURCAD SHORTSoon as it reaches the W area again i expect a drop to grab more liquidity so once again it can go up to 1.74
Eurocad
Joe Gun2Head Trade - EURCAD back to trend support on the daily. Trade Idea: Buying EURCAD
Reasoning: Trend support on the daily. Support being found on the intraday chart
Entry Level: 1.4687
Take Profit Level: 1.4805
Stop Loss: 1.4635
Risk/Reward: 2.1:1
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us30 trade updateas per my previous video this is how the trade went. great us30 analysis. also got eurocad predictions on here too.
DXY | EURO |GBP |GOLD |DECRYPTERSHi people Welcome to Team Decrypters
TRADES FOR DXY EUROUSD , GBPUSD AND GOLD .
A little retracement is Expected in All pairs
Which will give us entry for our trades , Enjoy and follow the chart
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Euro Cad entry from yesterdays analysis just an update on the trade idea i had regarding Euro Cad. im currently in this trade stops to break even but its not looking very favourable at present, although very valid
EURCAD ideaEUR/CAD
Price line attraction is the ascending TL shown on chart below, Price will often try to find the TL which is in line with the long-term bullish target of 1.5110.
The most recent significant high(1.4660 mark), however, can serve as a moderate stop for technical shorts.
Heed your DD!
EURO/CAD analysis trade areas for EC, looking to take out the January highs for then a possible reversal. we have Dec 21 high to tackle also. after this we can target buy side liquidty
EURCAD SHORTIt seems as EURCAD is forming a bearish flag... waiting on the pull back to the P4 area and then waiting on the break of trendline. Retest first and wait for the drop and to complete the pattern.
EURCAD Short SetupPair has been trending to the down side for this month and looks it broke its support structure currently looking
to be a resistance that its retesting.
Next target is the weekly support level of 1.3776.
What is your analysis on EURO CAD?
Waiting the end of the price war.Weekly EURCAD pair entering strong resistance zone. The current scenario of extreme risk makes it impossible to reverse the trend in the short term, however, looking to the future, we expect a sudden increase as soon as the first signs of stability in the current scenario appear.
EURCAD: Potential Trend-Following Trade Explained 🇪🇺🇨🇦
Hey traders,
EURCAD broke and closed below a daily key level yesterday.
Retesting that this morning the price formed a descending triangle formation.
My confirmation to short is a bearish breakout of its horizontal neckline.
I need an hourly candle close below that to confirm a breakout.
Then sell aggressively or on a retest.
The initial target will be 1.428
In case the price violates the high of the triangle,
the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
EURO / CANADIAN NEXT TARGET AND SETUPEURO / CANADIAN it started to bullish..
trend line breakout happened for shark pattern...
make your trade setup depend on thia pattern...
have a happy trading....
💡Don't miss the great buy opportunity in EURCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.468).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1.476
TP2= @ 1.482
TP3= @ 1.489
TP4= @ 1.494
TP5= @ 1.499
SL= Break below S2
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Be sure to leave a comment; let us know how you see this opportunity and forecast.
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💡Don't miss the great buy opportunity in EURCAD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.46934).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.47855
TP2= @ 1.48397
TP3= @ 1.48955
TP4= @ 1.49463
TP5= @ 1.50572
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EURCAD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.46934).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.47855
TP2= @ 1.48397
TP3= @ 1.48955
TP4= @ 1.49463
TP5= @ 1.50572
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURCAD - ShortPossible short opportunity on EURCAD.
- Price action; in line with the downtrend and 5th touch on the trend line
- Confluence between 200 day EMA, and indicators
- Rejection at 78.6% Fibonacci level
- Fundamentals; EUR weak due to poor vaccine rollout
EURCADEURCAD had a nice impulse up with an ABC correction.
This could be a good buy opportunity as our correction should now have finished and as the EURO strength has some more room for another push up.
Driving factors:
Brexit trade deal
Covid19
Vac news
Inflation rate
Small buy for 220 pips from this level seems worth the risk. However large volume will resume again now we are out the festive period so this could be invalidated easily.
EUR/CAD bullish trend 4HEur/CAD hit important low (pivot point) of 1.53500 and has had straight bullish momentum also following the past trend line we can hope to see it follow the pattern of hitting the trend line at around 1.55500. it has already hit the support of 1.55000 had false bearish momentum and pulled back above further showing momentum to hit the trend line.
once hitting the trend line of 1.55500 watch for it to follow trend and pull back down or possibly break and push above the trend.
EUR/CAD DAILY CHARTIf we see oil breakdown further we could expect eur/cad to make new highs, as usd is weak, euro will be stronger. backing fundamentally this technical set up.
