Eurcadanalysis
EURCAD ANALYSISEURCAD BOUNCED FROM THE SUPPORT AND MAKING INVERSE HEAD AND SHOULDER .
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EURCAD - Bounce UpwardsThis move looks exhausted, I want to begin to see the bulls take control of this pair. I think a dip into the order block is likely before upside continuation into the targets marked.
Important Price Rejection For EURCAD!!! Long Opportunity...Today's candle made a nice rejection off the support level @1.5320. This level is also where the 261.8% fib level lies. We were anticipating some sort of a BULLISH movement here. As of now, we will be looking for a long opportunity towards my moving averages and 161.8% fib level before any further confirmation. Once this level is reached, we will be eyeing on potential breakout and rejection off that level for further trade opportunity. A rejection might show further BEARISH movement in its trend.
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EURCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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GWBFX
Bullish Alt Bat PatternEURCAD BULLISH ALT BAT PATTERN
Market Buy Order Set Up.
Buy Entry: (1.53958)
Min Take-Profit: (1.54682)
Max Take-Profit: (1.55167)
Stop-Loss: (1.53385)
Max Risk-Reward: (2.11)
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EURCAD Short trade ideaHey traders, here is the analysis for the EURCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Possible Candle Formation Will Determine Trend DirectionThis looks like an incomplete inverted head, neck, and shoulder forming on the 4hr after the strong bullish move the later half of last week. We did pass a weekly level, so a pullback is likely, but may not hold for very long. If we breakthrough both the weekly 1.55481 and daily level 1.53147 areas, we'll continue on the downtrend seeking to reach a new low. Let's see how this plays out.
BULL TPs:
• 1.55140
• 1.55357
• 1.55772
• Stretch TP: 1.57114
BEAR TPs:
• 1.54481
• 1.53962
• 1.53488
• 1.53147
• Stretch TP: 1.52359
EURCAD FLY WHILE CADJPY CRASH ??Hallo guys
nice to meet you seeing my forecast
here we are
we can see eurcad have clear bullish structure before they bullish
we can see the descending channel , bullish flag , and breakout trendline
in my opinion eurcad can be reach the resistance @ 1.57741
we just waiting for the true breakout for execute this eurcad
EURCAD short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURCAD Long Trade IdeaHey traders, here is the analysis for the EURCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURCAD shortas we see eurcad just hit the monthly trendline and just like it did before it revearsed down and for right now we also see the head and shoulder pattern forming.
what we expect this last week of this mont is the retracement to the 61.8% or the 78.6% level, it can also head downwards.
tp levels are the given levels.
have a good week.
EURCAD 1H👋 Hello and welcome traders to another trade
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EURCAD LongsWaiting for price to pull back to the tdemand area of 1.53000 which is also the low of the previous week. Target is in the 1.57300 supply area.
EURCAD W4 Jan 2021EURCAD
Long Setup
📉 A significant breakout of a downwards channel. An entry could be placed after a pullback
Bullish Shark PatternEURCAD BULLISH SHARK PATTERN
Market Buy Order Set Up.
Buy Entry: (1.52978)
Max Take-Profit: (1.53792)
Stop-Loss: (1.52379)
Max Risk-Reward: (1.36)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EURCAD: BEARISH Continuation Targeting 161.8% Fib LevelToday's candle shown us a weak BULLISH movement with no clear rejection at 1.5320 support level. As of now, it seems likely a breakout rather than a fakeout. We can see that today's candle is retesting the broken support level @1.5320 which is now the resistance level. I am expecting BNEARISH movement to continue for this pair bring price towards the demand zone which I have identified.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
EURCAD short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURCAD ANALYSISEURCAD ANALYSIS
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