EURCAD - BUY to the targetOne more Drop to the 0.5
then BUY to the 0.618 target
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Eurcadanalysis
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
EUR/CAD New Long Setup With Daily Candle Closure 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 - short A short move to the upside in london session but converges to the downside moving the instrument further down.
If the resistance trend line breaks then structure is amended unless it's a fakeout then my bias still bearish.
Good luck Traders.
EUR/CAD SHORT TRADE......SELL
💹EUR/CAD ⏬SELL @ 1.49853
✅TP # 1.49317
⛔️SL 1.50186
📊 Risk Ratio 1:2 📊
📊 Trade Accuracy 70% 📊
📊 Follow Proper M.M & Use S.L 📊
Hello Traders, here is the short 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.
EURCAD, 4hr tf, expecting a retracement Price pretty much overextended for EURCAD.
It reached 361.8 fibonacci expansion and then made a shooting star candle.
Overall EURCAD might make another wave to the upside but before that we might see some downwards movement first towards 1.4900 area.
I will try selling EURCAD if it touch 1.5000
Sell EURCAD 1.5000
Stop loss 1.5045
Take profit 1.4900 (2.2R)
Use only 1-2% risk
Good luck
EUR/CAD Finally Closed Above Our Res Area ,Let`s Catch This 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
