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Eurcadsell

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
Long
by Theranasaramd
EURCAD Short: Bearish Engulfing on 1hr at SupportTrend: The overall trend of the script is downwards. Making a series of LL and LH according to DOW theory. Support and Resistance: Blue lines indicate the S/R in the weekly time frame while red lines indicate it in the daily and 4hr time frame. Short Position Justification: Two bearish candles spotted on the LH of the chart, just below the daily resistance which indicates the price will likely move down from here as it is unable to break the resistance area. SL: It is placed just above the LH in the chart. TP1: Placed near the support level. TP2: Placed at the LL in the chart.
by sanasaeed
Higher sell possibility on EURCAD!EURCAD has chosen to trend down. Since April 2022 the market was held in a ranging phase where the market made almost equal swing highs and lows. We are currently witnessing a strong breakout of this ranging market to the downside. This may suggest that bears are taking over and there's high chance that bears will send price lower to April 2015 low. I will consider going short on this pair but first I want to see the market reversing to retest the broken structure and look for strong bearish signs to the downside for selling opportunities and my goals will be 1.3195 and 1.3054. Please support this idea with likes and comment. I will highly appreciate it.
Short
by Forexintelligence_NA
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.
Short
by dinomalik
EURCAD – Short at top of the range – the week of 20 June, 2022It is obvious that: This pair is in a down trend, Recently, price has been in a range (consolidating) between 1.3750 and 1.3390. Taking a short at the top of the range would be a high probability trade that is in line with the major trend. This what I intend to do with target just above 1.3390. Even with a generous stop, this has the potential to provide a +3R trade. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management and stay patient in all your trades.
Short
by Trading_Vista
Jamie Gun2head Trade - Selling EURCADTrade Idea: EURCAD Sell Reasoning: Head and shoulders top? I think (hope) so Entry Level: 1.3615 Take Profit Level: 1.35350 Stop Loss: 1.3641 Risk/Reward: 3.08:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other
Short
by Signal_Centre
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