What i'd love to see on EURCAD!Price has been on a downtrend, it has currently retraced to my trendline and support structure which could be a potential resistance. Probabilities. Lets see
Eurcadanalysis
EUR/CAD New Analysis And 2 Setups Available To Catch 300 PipsThis 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 - BEARISH BIAS=====
MARKET OUTLOOK
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EUR - BEARISH
1️⃣ Eurozone preliminary GDP for Q1 of 2021 show the bloc is still in recession despite a little better than expected data. The bloc entered a double-dip recession in Q1, as COVID-19 lockdowns continued to hammer the services industry.
CAD - BULLISH
1️⃣ Bank of Canada leaning towards a more hawkish message such as CAD. The loonie also was supporting by rallied oil prices.
2️⃣ Canada has started to expand its vaccine distribution, currently vaccinating as many individuals as the United Kingdom and the United States every day. This helps to bolster the Canadian economy positive growth narrative.
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TECHNICAL
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- We're shorting this pair at SBR on M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
May Be A Pullback Before A Bullish ContinuationLooks like a correction is happening before we continue the bull run with this pair. I missed the move paying attention due to watching higher volume pairs, But will keep an eye on it this week from here on out. When this pair moves, it MOVES. So here are the TPS I want to see the price complete when it makes a full decision where it's going.
BULL TPS
1.49803
1.50555
1.52001
BEAR TPS
1.48504
1.48060
1.47507
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EURCAD; Short, for now.This is dropping strait onto the 200 Months Ema. (In conjunction with a final Equities Blow-off Top ). - After which, this should be a one-way Long for the better part of "forever". (EUR positive account balance vs. CAD, a purely speculative bubble - in no small part where the Wilshire5000 / GDP having just hit 200%!)
The Weekly;
EUR/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
EUR/CAD: Day-Swingtrade-Preparation
Market-Sell: 1.49560
Stop-Loss: 1.50490
Point of Risk-Reduction: 0.71920
Take-Profit: 1.47350
Stop-Loss: 90 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURCAD: nice intraday short opportunity on 15mHi Traders,
This is my view on this pair for the next few days.
#EURCAD
SELL 1.50195
SL 1.5047
TP 1.4939
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 - BUY to the targetOne more Drop to the 0.5
then BUY to the 0.618 target
LIKE - COMMENT - SHARE , the best analysis on the tradingview
I NEED YOU SUPPORT TO GROW!
EURCAD H1 Bullish Sentiment Towards Big Figure 1.51 & 1.52EURCAD after the BOC statement , took a nose dive towards 1.5 , rejected at 1.5 and 200 DMA, tried to make another push and broke the 200DMA however buyers came in fast at 1.5 again at the late yesterday session and once again rejected mildly at 1.5 .
Today Asia session tried another mild push down, but once again rejected at 1.5 at the price which is higher then yesterday low. The price was able to broke through up the 200DMA strongly.
Hence the sentiment for short term is bullish. The resistance would be at 1.51 area which is also yesterday's high area.
Piercing through this area, the next target would be 1.52 area, this week's high.
EUR CAD SHORT ENTRY IM GOING SHORT ON THIS MARKET , DUE :
- RSI DIVERGNCE ON 15 MIN
- BROKEN RESSISTANCE
- 0,61 FIB RETRACEMENT
CONCULSION :
BETTER TO YOU TO FIND SHORT ENTRY BUT KEEP ON MIND THE REVERSAL , DUE THE SOLID TREND & THE H&S PATTERN !
EURCAD, 4hr tf, more upside to be expected
We might see further upside on this pair as it is very bullish right now.
I am going to buy this pair as well because the fundamental direction of CAD and potential drop on oil.
We might start another bullish wave to the upside because this wave-(v) gonna be an extension wave.
Buy EURCAD 1.5030
Stop loss 1.4940
Take profit 1.5380 (3.8R)
Use only 1-2% risk
Good luck
What i'd love to see on EURCAD!BoC released its over night rate over 2 hours ago, which caused this sudden weakness in EURCAD. As price approaches my trendline i would first of all be looking for longs till my trendline breaks to change my bias. Till then its probabilities. lets see
EUR/CAD Hit All Targets +200 Pips And New Entry Available 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
EURCAD Long Trade IdeaHey traders, here is the analysis for the EURCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
[EURCAD W3 Apr 2021]EURCAD
Long Setup
👉🏻 Price failed to break lower and is forming a corrective Wave-4 and is preparing for another wave up for its final Wave-5. A pending order may be placed when price breaks above wave-D of Wave-4 with the SL and TP shown. A good ratio of 1:2.
EURCAD FORECASTAs we can see
eurcad has broke support area before
and now he become resistance
my plan is waiting for confirm as a bear flag to execute this pair
i just waiting for valid pullback in this area
if you guys have different perspective
dont be shy to comment below !
EURCADPotentially a good trade brewing, I recommend a wait to see how market will choose to move
Like and follow for more, thanks
EUR/CAD Running In 40 Pips Profits And New Entry Added 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
The possibility of falling prices
We are in a long-term downturn that may touch the canal roof and then return to the canal floor or break the canal roof.
Analyze simply and avoid crowds
Be a deep sea, not an ocean on the surface .......
#EURCAD creating a SHS pattern, wait for confirmation!#EURCAD creating a SHS pattern, wait for confirmation!
EURCAD reverse head and shoulders - Failure to create lower low and maintain bearish MS indicates bulls stepping in
- Reverse head and shoulders pattern usually a bullish reversal pattern
- Break of neckline shows momentum being transferred to upside
