EURCAD: intraday longHi Traders,
This is my view on this pair for the next few days
#EURCAD
BUY 1.4693
SL 1.4676
TP 1.4763
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
Eurcadanalysis
EURCAD Demand Zone 1.4630 & 1.4590 for long12th May 2021 formed lower low as 1.4590. 13rh May daily bar did not break lower low while broker higher high of previous bar high. pair forming accumulation phase till last month. Split your risk into two positions first from 1.4630 with half risk, second from 1.4720 with remain risk. Trend is bearish so use low risk in counter trend.
EUR/CAD Trying To Make Head&Shoulders Pattern,Short Setup HereThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCAD Intraday Bullish and Swing Sell SetupHi Traders,
EURCAD decline from 1.48216 high unfolded as a five-wave impulse sequence. According to the Elliott Wave principle, a three-wave correction in the opposite direction follows every impulse move and that's what seems to be unfolding currently.
This correction has the potential to retrace 50-78.6% of the impulse, and also retest the corrective parallel channel. However, once the correction is completed the price should resume in the direction of the impulse to complete a 5-3-5 cycle.
What's your view on EURCAD? Let me know in the comment.
EURCAD longPrice had a a strong bullish sentiment after making higher lows and breaks in market structure. We see clear higher highs followed by higher lows. Further confirmation of Bullish momentum by the bullish engulfing we see in this candle. Whether or not it broke my Golden zone it’s definitely closed over the 61.8% Fibonacci extension. looking for a healthy retracement back onto the support before heading into the direction it came from a week ago. (Seems like a reversal.)
Taking a long position expected to last a couple of days.
Tp and SL indicated in the chart.
EUR/CAD Multi-Time frame analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 Chart (Bearish)
A medium probability, entry signal to go SHORT will be given after the completion of a bearish trend reversal on the lower time frame at 1.46867 after the market found resistance at 1.47157 . Only the upward break of 1.47157 would cancel the bearish scenario.
Support & Resistance
1.46686 1.47146
1.46415 1.47270
1.45955 1.47431
H4 Chart (Bullish)
The completion of a trend reversal formation at 1.47288 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market.
Support & Resistance
1.47410 1.47757
1.46415 1.47997
1.45810 1.48992
Daily Chart (Bearish)
The completion of a trend reversal formation at 1.47607 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market.
Support & Resistance
1.47237 1.48156
1.45810 1.52092
1.44426 1.53833
Weekly Chart (Strong Up)
Waiting for a retracement higher towards the 1.47237 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.50518 level.
Support & Resistance
1.45810 1.47237
1.44478 1.50518
1.42626 1.51914
EUR/CAD BUY NOW..
EUR/CAD short time fame create bearish butterfly pattern.
So,this pair short time buy pressure now up to 1.47708.
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data, quotes, charts and buy/sell signals
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EURCAD: very nice short opportunity on 15mHi Traders,
This is my view on this pair for the next few days.
#EURCAD
SELL 1.472
SL 1.474
TP 1.46
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
EURCAD, daily tf, elliott wave forecast of wave-IV and wave-VAs you can see price completed wave-III with the all 5 sub waves.
I assume wave-III is completed because waves-5 stopped exactly at 127.2 fibonacci of wave-4.
Notice also it hit the support of this downward channel and bounce back up.
For now, i think we could see upwards movement to complete wave-IV before another leg to the downside.
Buy EURCAD 1.4630-40
Stop loss 1.4530
Take profit 1.5130 (5R)
Use only 1-2% risk
Good luck
After we complete the upwards movement we will then sell again this pair.
The target for this pair sell positions is not determined yet because it will be depend on this wave-IV correction length.
For now we will assume that wave-IV can retrace towards 50% fibonacci level.
As for our stop loss it will be at wave-I area.
We will update when we start selling this pair.
EURCAD foaming bearish pennantsHello Guys Welcome back to another profit week
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURCAD in a bearish pennants, the price is still consolidating more buyers or sellers usually decide to jump in on the strong move, forcing the price to bust out of the pennants formation , I think there will be a buy entry for long , lets watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
EURCAD: possible LONG setup on DailyHi Traders,
This is my view on this cross for the next few days.
#EURCAD
Wait for the bullish environment to be confirmed, the structure to be broken and retested.
After that, you can go Long
BUY 1.50530
SL 1.488
TP 1.54
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
EUR/CAD New Pattern Analysis With great Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions