Eurcadanalysis
Possible Continuation DownLooking like a strong continuation down for the week. I'm avoiding the USD for now until elections are over, so this will be a focal pair for now. If we do any pivot to the upside, it will be around the daily 1.54626 zone. Otherwise, enjoy the drop if it happens!
BULL TPS:
• 1.55366
• 1.55870
• 1.56543
BEAR TPS:
• 1.54812
• 1.54058
• 1.53468
• 1.52947
EUR/CAD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
EUR/CAD: Daytrade-Execution
Note: keep your risk low in this market. pretty slow and in waiting mode!
Sell-Stop: 1,55450
Stop-Loss: 1,55920
Target 1: 1,55045
Target 2: 1,54740
Target 3: 1,54295
Stop-Loss: 46 pips
Risk: 0,5% - 1%
Risk-Reward: 2,54
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Peace and good trades
Irasor
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📢 EUR/CAD short opportunity setup 👌This pair looks like a great opportunity to go short. We have divergence, break of trend, break of support, Impulse move to the downside. Now just waiting on entry confirmation 👍😎
EurCad 4hrsHello Traders, 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- nice bullish setupAfter a very short-lived dive under 1.5450 support, EurCad has recovered quickly and reached 1.56 resistance.
In the last 4 trading days the pair traded in 100 pips range between 1.55 and 1.56 and I believe this range will be broken to the upside.
Buy dips is my strategy for this pair with a soft target at 1.5650 and a medium-term target at 1.57 resistance
EURCAD Multiple timeframe analysisGive us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
>>>>>>>>>
EURCAD
H1-Bullish trend
H4- 200 EMA resistance and short term bearish correction
Day-Sideways movement
Weekly-Bullish flag is forming
<<<<<<<<<
Its a forecast of the upcoming expected market move-Its not a financial advice
EURCAD holding daily support #EURCAD:
(1D):
The overall outlook is showing an uptrend, confirmed by the 200 EMA, currently retracing in a massive descending triangle, given the strong support at 1.545. If this won't hold, we would probably see a bias switch.
(4H):
Zooming in, we notice how the leg down formed with a clear bearish structure, but got a strong rejection at current support, which led to a new higher low formed
(1H):
Since a new higher low has just been confirmed, we could expect more upside to come. However, what i want to see is a clear bullish continuation pattern on the 1H
EURCAD LONG in the short termEURCAD is position at price @ 1.5612 for a bull run. This is a short term analysis.
Overall, we should expect a pullback of price around @ 1.5624 and 1.5636 and if the price closes below @ 1.5636 then our move will be short to the downside with target price @ 1.5509 and price @ 1.5495
I am bullish until the price reaches @ 1.5624
Good Luck Traders.
