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Eurcadsetup

SELL STOP SHORT EUR/CAD at 1.4713EUR/CAD has been carving out a sideways channel since Friday and the bottom of this channel coincides with the 200 EMA on 15M time frame which is also the 50EMA on H1. A break out of this channel and a break of the supporting EMA's would suggest we are headed lower. If we look at the H4 time frame we can see where the 200 EMA has supported the price and this looks a natural target for EUR/CAD BEARS should the 1.4716 support break. Price ALWAYS returns to the 200 EMA eventually and of course this happens more frequently on the lower time frames. On H1 we last saw the 200 EMA hit last Friday so we can expect to see the price gravitate to this key support level before long and a break of 1.4716 could see the start of a move south. There is no scheduled news expected from the EURO zone and the next CAD news is Fridays CAD Unemployment Change and Unemployment Rate so the the price should drift lower over the next few days as long as the channel is broken.
Short
by forextraplaces
EURCAD Short Trade Setup A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 1.46000 psychological level and possibly testing the strength of the 1.45782 horizontal support level. As always, please apply appropriate risk management. Happy trading! #crosspair
Short
by charles-okoukoni
3
I'll tell you the exact rebound spot for #EURCADHello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the bottom of the red short-term downtrend line or BOX, and candles will go towards touching the top of the BOX.
Long
by EAGLE_S_S
4
EURCAD Trading Plan - 18/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
3
EURCAD Trading Plan - 15/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. I am biased for taking the recent low once again before giving a bigger correction upside. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
EURCAD→ Trade Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURCAD long ! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
9
EURCAD I It will keep dropping and bounce from channel support Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
by BKTradingAcademy
1
EURCAD LONG - The Trend is Your Frie..Happy Wednesday Everyone! Hope you are all well and blessed! This is a swing trade for the rest of the year - Ideally, I would only like to be buying this pair. Analysis 12M - Bullish structure & candle stick forming 6M - Still bullish. 3M - March is the last 3rd Candle to complete this candle stick. I'd like to see this push up more so we can start looking around 1.50 1M - This will form a strong bullish candle stick for March. W - Continuation - Forming a strong weekly Bullish candle D - Price is currently bouncing on a strong Daily previous resistance - now support line. Continuation after Monday retest on the Daily support line. Tuesday Forming a clear bullish candle stick suggestion continuation. Just have to be cautious of any strong wicks. No heavy news EU or CAD this week, so this should be a bless trade. Happy Trading/Investing Please feel free to share your view God Bless.
Long
by Spokentrvth
11
EURCAD → Day Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURCAD long ! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1
EURCAD I Potential long from support zone Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
EURCAD I Potential intraday short to 50% fib of impulse candle Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
3