EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Eurcadforcast
EURCAD: Short opportunityAs mentioned on my Monday Overview, it's time to SELL EURCAD.
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.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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EURCAD sell setup Hi guys. I'm back after two weeks.
We have EURCAD's chart here and two setup for sell positions.
The first setup is placed in the classic price action method and has a better risk and reward. But this position is not my preference.
I prefer to open the second position because it is placed in the smart money method.
You can choose any of them or both of them.
good luck
DeGRAM | EURCAD bearish opportunityEURCAD is making lower lows. The trend is bearish on higher timeframes.
Price action broke and closed below the support level which became a resistance.
Look left structure leaves clues.
If price pulls back to swing zone then we can look for sell opportunities.
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DeGRAM | EURCAD price angulationEURCAD is consolidating at a support level.
Price action usually consolidates at psychological levels.
The market shows a divergence, which means we might see a pullback.
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Fiber/Loonie recovery setupHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURCAD
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
⁉️ EURCAD- Market AnalysisHello traders!
⁉️This is my analysis on USDJPY .
Here we can see how price broke the market structure and started to form higher higs and higher lows. I expect price to continue the retracement and to reject from bullish orderblock.
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EURCAD | Perspective for the new weekPrice action has been caught within a descending channel since the month of June and we are not sure if the price is going to continue to respect this downtrend situation or could there be a breakout of the channel to incite a bullish momentum? This video explains how I intend to take advantage of a trading opportunity this week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
⁉️ EURCAD - Market AnalysisHello traders!
⁉️This is my analysis on EURCAD .
Here we can see how the price broke the structure with a strong bullish momentum. Now we are in accumulation phase, so I have 2 scenarios, first one the price will go to manipulate sell side liquidity and then to distribute higher and second one price breaks out the range, re-test it and then higher.
Like, comment and subscribe to be in touch with my content!
EURCAD testing previous supportHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURCAD
We can see market is stuck in range and testing its support.
So we are expecting more rise from its support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
EURCAD - Broken Support EURCAD - Sell
The Weekly major support level has broken amidst unsettling european events. The level should now turn resistance and has already tested it.
Entry: 1.3376
Price has bounced of former support now turned resistance,
Stop: 1.34103
Above the support area, if price breaks through to this area, it'll have taken out previous highs and possibly looking at change of trend.
TP
I have highlighted key profit taking areas, can use a trailing stop and move trade to breakeven when certain amount in profit for risk management.
EURCAD Buy at SupportEURCAD Buy/Long Bounce off Support
Entry: 1.33888 - 134000
1) At support which has held out since end April with 3 previous touches at this zone.
2) Also a historical key support on higher time frames Daily, Weekly, Monthly Chart
Stop Loss: 1.33680
1) 20 pips breathing space below buy zone
Take profit:
Have labelled key zones
can trail stop loss.
DeGRAM | EURCAD price angulationEURCAD went down as we predicted in the previous post.
Price action made lower lows and it's retracing back to the resistance level.
Also, price formed price angulation.
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Share your opinion in the comments and support the idea with like. Thanks for your support!