Eurcadanalysis
EURCAD possible sell setupEURCAD was trending bullish from quite a while we shorted it last month from the top and now market is back at the same strong resistance area with also a strong supply zone
i am looking for a bearish rally down to the mentioned area
look for confirmations on lower time frames and sell EURCAD with your own money management
key to remember is both scenarios possible which after mentioned there it can drop straight or it can drop after a spike to upside
always remember patience an discipline are the key to success
EURCAD Trading Plan - 12/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect EURCAD to go Down after finishing the current wave.
Here, we are expecting a bigger correction as of now & if we get that, the updated idea will be shared for the next potential trade.
Look for your SELL 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.
EURCAD (SHORT) 🔥🔥🔥ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
DeGRAM | EURCAD down move continiusEURCAD moved out of the descending channel .
The market pulled back to the resistance level with a deceleration.
Price broke and closed above the psychological level at 1.44000.
We expect a retest of the resistance level followed by a bearish move.
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I Went short on EURCAD :)I saw price show resistance at around 1.43350 area as well as a possible change in trend to the down side. If you take a look at the weekly we see a higher timeframe resistance around 1.45500 area. Down side would be if price were to break our resistance (1.43350) and push higher, reason would be for that strong bullish move on the weekly. Time will only tell! Let me know what you think!
Thank you!!
✨SELL EURCAD and earn +650 pips profit⚡🔰You can see the analysis of the Euro-Canadian dollar currency pair in a two-hour time frame (EURCAD_ 2H) 🔍🧨
💥Considering that the price has been able to break its Up trend line🖤, if it reaches the area specified for pullback to the trend line in the SUPPLY zone, it can have a fall🔻 to Support🧡
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
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