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Eurcadanalysis

Buying $EURCAD here (second trade entry)Trade type AAA our previous idea: hit the first TP💦 hence confirmation enabling us to get a second entry for the second trade. Reasons for taking this trade: Our first tp was a very sensitive price level hence after hitting that price we have receeived confirmation for continuation by: 1hr candlestick is a bullish engulfing candlestick hence that is good. We are close to London (2 mins approx) open hence volume will be available. You see the blue line? price level - 1.44088 Price did not close below that area. That is good Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to determine the amount of risk to use: In AAA - 1, 1.5 and 2% In BBB - 0.5% IN CCC - 0.25%
Long
by Sherman_Trades
EURCAD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURCAD . Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. We are near the point of interest, I wait price to fulfill the imbalance and to reject from bearish order block to open a short position. ‼️Attention!!! Due to the fact that we have news on CAD upcoming week, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
EURCAD : Short Trade , 4hHello traders, we want to check the EURCAD chart in the 4-hour time frame. The price is moving in a range channel and when it has reached the bottom of the channel, it is making a price correction in a downward channel and has reached the key level of 1.44000 We expect the price to continue its downward trend and test the bottom of the range channel again and fall around the price of 1.42600. If the downward trend is strong and can break the bottom of the range channel and below the price of 1. 42300 stabilizes itself, the next possible price target is 1.40900. Good luck.
Short
by mrAT_Trader
3
EURCAD Trading Plan - 15/Feb/2023Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
EURCAD SELL Hello Guys, Happy Sunday trust you are having a Blessed Day, Let’s Focused on EURCAD Sell Movement so Basically I do not have much to say on this analysis but I would probably advise you to save this picture and wait for it to play out before taking a sell because lot of money coming in on EURCAD. We broke our trend line and price went to a support lvl and what we are Currently waiting on price to reject the support lvl so we can see retest on our fib lvl 0.61 area which is the sell Zone, so let’s wait patiently for trade Confirmation, this would be my last a analysis for the day thanks guys.
Short
by GoCrazyfx0
EURCAD : Analysis , 4hHello traders, we want to check the EURCAD chart in the 4-hour time frame. The price is moving in a range zone and has reached the bottom of the channel and the key level of 1.42500. If the price can stabilize itself at the bottom of the channel and the line If it breaks the downward trend, we expect it to grow around the price of 1.44200. Considering that the price has had a sharp fall, there is a high probability that it will break the bottom of the channel downwards if the price can break 1.42300 and at the bottom of this If the price can stabilize itself, we can expect the upward trend line and also the key area of 1.38700 to fall. Good luck.
by mrAT_Trader