EUR/CAD FallAny pullback is an opportunity to sell. We wait retest resistance until we take the sell position
Eurcadsell
EURCAD LONG IDEAHello Traders,
Hope you are having an amazing week.
Above is my analysis on EURCAD , overall perspective is very BULLISH
Expecting this level of supply to hold !
Always move stops to breakeven after +25 pip moves
Looking forward to see how this plays out.
Thank you for your support,
ETGL TEAM 💛
EURCAD | BREAKING TRIANGLEEURCAD has broken the symmetrical traingle and currently trading below it. We are expecting bears will take this down to 1.37800 level, where it can find temporary supports there.
Any strength is the good shorting opportunity in it.
EUR/CAD - Short Sell on Higher Oil & Interest Rate DifferentialsIn this video I breakdown why EUR/CAD continues to weaken to the downside as Higher Oil prices support the commodity-linked Canadian Dollar.
I also breakdown how interest rate differentials favors investors to sell euros to Buy Canadian Government Bonds paying a significant premium over Bunds.
Europe's economic outlook continues to turn grim as the war in Ukraine is very damaging for Europe's economy that is heavily reliant on Russian Oil and Gas exports.
EURCAD Weekly OutlookIn Weekly TF market is still expected to Bearish, We can sell long from Weekly Supply 1.44271 to Weekly Demand Level 1.32512 .The reason of bearish in market is that market break the Demands Level 1.43633 and the Demand level is retested and this Demand level 1.39067 is Weak, so we will use confirmation to buy from this current Demand 1.39067 to Weekly Supply level 1.44271. Than we can expect to sell from Weekly Supply
EURCAD | Possible ReversalEURCAD has been trading in bearish parallel channel with parallel support approaching. The indicators are also reached to base support zone. We are expecting bullish reversal from here. The confirmation will be a good bullish candle on the support zone.
Alternatively, breaking below the channel will bring more bears in the party.
Trade your levels accordingly.
EURCAD wait for Flag pattern to complete Hi Traders,
EURCAD has a massive rise within the the last few weeks which price is now consolidating within a Bullish Flag pattern/channel. Wait for a proper entry before going long or you'll get trapped in this correction. Personally I need to see a strong Impulse breakout of this structure followed by a LTF correction to validate a buy opportunity.
Share a comment below and let me know your view on this pair!
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Trade Safe!
EUR/CAD Finally Give Us Bearish Confirmation , Short Setup ValidThis 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 There is a potential bearish bat pattern that is taking shape on this pair. Its is definitely for now in a bearish mode.
EurCad can drop from resistanceAfter breaking above 1.4350 resistance, EurCad accelerated its gains and reached the next resistance at 1.46 zone.
Now the pair can drop the retest the newly formed support
Sell rallies is my strategy for this pair
Possible EURCAD scenarioBlack Mountain Analysis Team:
Possible EURCAD scenario
- Volumetric resistance range
- The resistance line of the cannons
- Harmonic pattern that can be shown by finding PRZs.
This analysis can lose its validity by breaking the resistance zones.
Be careful that it can be entered after the start of the downtrend (wait)
_Trade with Trend_
EURCAD | Bullish SetupEURCAD has taken good support from the rising trendline and is expected to continue this momentum and bulls will push the price to new highs.
Trade your levels accordingly.
EURCADAfter breaking the set level, the price drops to the previous floor by 150 pips. Also, R:R = 2. Are you agree?
EURCAD SetupEURCAD is trending and taking support from bullish trendline.
We are expecting a bounce from here and targets can be put for upside.
Trade your levels accordingly.
EUR/CAD SELL IDEA
Hey tradomaniacs,
welcome to a new free trading-setup!
EUR/CAD: Daytrade-preparation
Notice: Waiting for retracement and confirmation!
Market-Sell: 1.42525
Stop-Loss: 1.42850
Point of Risk-Reduction: 1.41950
Take-Profit: 1.40580
Stop-Loss: 33 pips
Risk: 0,5% -1%
Risk-Reward: 6,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURCAD short Again!!Watching EURCAD for a Head and Shoulder pattern and waiting for a break of the neckline of 1.42320 so we can get into another sell!!
Trading Idea Regarding EURCADAccording to my analysis this currency pair inshallah move bearish for the upcoming week
1-Strong nice downtrend
2-Nicely repeating its key levels towards downtrend
Note:
For bearish move it is suppose to hold trend line
Short signal As you can see on the chart, we have a descending channel and the price now testing the resistance line.
If the price doesn’t break the resistance it will go down.
Always use a stop loss
EURCAD Down Trend.!#EURCAD Hello trader, I hope are good and safe. Today I opened the chart of #EURCAD for 15 MIN and analyzed it then I see that this chart has made a DOUBLE TOP PATTERN, So I hope #EURCAD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
EURCAD SetupEURCAD is trading in a bearish parallel channel. It has taken support from base trendline and bulls took control from there. We are expecting bulls further push the price upside.
Trade your levels accordingly.
EURCAD Descending Triangle Pattern#EURCAD Hello trader, I hope are good and safe. Today I opened the chart of #EURCAD for 15 Min and analyzed it then I see that this chart has made a DESCENDING TRIANGLE , So I hope #EURCAD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
