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Eurcadbuy

EURCAD Bounce Incoming!EURCAD has established an upward channel and is now almost at the bottom of that channel. RSI is oversold at 28.9 on the 4Hour, has hit 28 before bouncing back above on the 2Hour and bottomed at 31.8 before bouncing on the 6Hour. Directly below the price we see the lower boundary of the upward channel and a previous good Demand Zone. Price may continue down to touch the lower channel boundary and the demand zone, which will push the RSI further into the oversold range and give us a very advantageous Risk/Reward opportunity.
Long
by HayeTrading
25
EURCADHello Traders Welcome back to another profit day 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 view with Order block 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 day guys
Long
by Bexi03
eurcadEURCAD - Long Why are we entering? - Expecting CAD weakness & EUR strength = EURCAD Long - Keep looking for buys everytime price goes to the bottom What are we waiting for to happen? - Bounce off the bottom - CAD index to become bearish and EUR index to turn bullish What is our confirmation? - CAD index to continue reversing Entry No Safe Entry. Risk Entry: Bounce off the bottom Once entered, where will our Stoploss be? - Below the lows Where do we take profits? - First TP: 1.472 - Second TP: 1.5
Long
by Elrouby
3
EURCAD (1HR) OUTLOOKLooking at 1H TF of this pair, the momentum does not look weak, hence suggesting that price might go into consolidation for a couple of hours before turning back up. and there is a possible trap for buyers so i suggest we stay woke with our SL levels. Here is what am thinking (for Educational Purposes only):- BUY: Between 1.43563 and 1.43200 SL: 1.42901 Target 1: 1.44444 Target 2: 1.45535 Target 3: 1.46467 Risk Management: 2% max!!!‼️ PLEASE LIKE, COMMENT AND FOLLOW ME 🙏🙏🙏🙏🙏🙏
Long
by Kingsley_lotanna
4
EurCad- Do we have a bottom?EurCad is in a downtrend for 15 months now, with the price dropping 1700 pips, from 1.6 to 1.43. At the beginning of October, the pair has made an important break under 1.46 support and dropped pretty fast to the up-mentioned low. At this moment looks like EurCad is preparing to test the new 1.46 resistance for confirmation and traders can look to buy dips against 1.43. I'm bullish EurCad in medium-term and I will remain so as long as the price is above 1.43
Long
by Mihai_Iacob
6
EUR/CAD Is About To Launch Its Rocket 🚀📈 EUR/CAD | Potential Upward Movement 💡 Buy Limit Order @ 1.43874 🎯 Target Profit 1.44400 🛑 Stop Loss 1.43613 ❌ Do not risk more than 1% of your account on each trade Description: The market succeeded to break the triangle to the upside showing that the buyers are in clear control of the market. A lower correction could be seen before a new impulsive wave toward the mentioned target profit above. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
2
EUR/CAD Looking For Longing Opportunity EURCADEURCAD reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by NCTrading
1
EURCAD - TIME FOR A BULLISH RUN?We've seen EURCAD decline for a couple of weeks now, plummeting over 500 pips from 1.5 (LQP). At recent, the market is approaching a demand zone around 1.44. The pair is still within Bearish market conditions i.e from the 4H time-frame the market structure is bearish. A shift in MS from Bearish to bullish around the target zone will trigger a bullish run. We should see the market retrace to either the 50.0% or 61.8% (Golden ratio) Fibonacci retracement level on the impulse run. Swing Trade with an insane risk:reward ratio. TP1 @1.4500 and TP2 @ 1.750 SL max 50pips below entry level. Happy Trading Week!! Please like, comment and follow if you found this helpful!!
Long
by K_Budu
8