Eurcadshort
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 (SHORT) 🔥🔥🔥BULLISH PENNANT FORMATION.
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
EURCAD SELL ENTRY - BACK TO MA100SELL ENTRY for EURCAD
Stop Loss : 1.4100
Entry : 1.4070 to 1.4080
TP1: 1.3858
Time Frame: 1Hr
Price getting back to MA100 at 1 Hour will signal massive selling.
Strong OIL - Strong CAD
EURCAD: Expecting Bearish ContinuationHey Traders,
Here is our forecast on EURCAD .
The price is trading at a peculiar level where we are expecting the price will most likely retrace from that.
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EURCAD ShortHey traders. in today's trading session we are monitoring EURCAD for a selling opportunity around 1.404 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCAD ShortHey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.396 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURCAD POSSIBLE BUY TO SELL 11TH MARCH 2022EURCAD has shown a significance strength in the bears direction meaning that the CAD will gain further in the coming weeks and therefore we look too sell this trade generally but having dropped from an area of supply by the financial institutions we look for a retest back into that zone which has formulated our idea of a buy from the big banks before the sell to the downside. Note we are bearish overall!
EURCAD | BUY ON DIPEURCAD is trading in a bearish parallel channel and has taken a support from the bottom of the channel. Currently its price has reached to first resistance zone, which has now become the support zone. It is testing the support area and we are expecting bulls to take over from here again.
To negate this view, the bears must push the price below the support area and price should be trading below it.
Trade your levels accordingly.
EURCAD Sell Opportunity!Let's take another small risk. Everything is on the chart.
TP 1: 1.8066
TP 2: 1.37604
TP 3: 1.37141
TP 4: 1.36679
EURCAD Locking In +300pipsIn this update we review the EURCAD short position and update the trade management process.
EURCAD Will Go Up!EUR-CAD is trading in a falling channel
And the husband re-tests Channel support level and horizontal support at 1.392
I think it's followed by a bounce from existing areas
By the bullish correction is possible
So we will be waiting for the reversal signs
To be able to enter a long trade BUY
EURCAD Risk Free Running +150pipsIn this update we review the recent price action in EURCAD and update the trade thesis from the prior analysis.
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.
Short EURCADThe first 2 consolidation leads to a massive short and we can see that the third consolidation latest weekly candle MIGHT close below the Market Structure Low (MSL) which was formed on 24/01/22 (daily chart). If is does, price will most likely short towards the next MSL which is 1.37839.
EURCAD 4Hr Multiple Opportunities Short
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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.
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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: Is This The Rise Of The Bull Era?
I have uploaded the EURUSD Elliott projection on 4th January 2022.
The price had started creating the last leg, and I had mentioned two scenarios.
Click Here to read the Previous article:
Article 1 : EURCAD: Sentiments are short-term bearish, but
Result - Price has reached all the bearish targets by creating the low of 1.4100.
After creating a new lower low, the price was ready for an upward move. So I had activated the bullish scenario with upside targets.
Click Here to read the Previous article:
Article 2: EURCAD: Bullish Scenario Is Active!
Result - Price has reached all the targets by creating a high of 1.46345.
Use Play-button to check the results.
What's next?
Price has taken support from the lower band of the base channel.
According to the wave principle, price movement confirms its trend by breaking the corrective wave four of the lower degree. Price will face some resistance because wave 4 is the wave that holds the power of the current trend, and the breakout of these levels is the result of the trend reversal. If the price breaks the corrective wave four at 1.46393 , the price will start its upward move.
Please note that the price can take support on the parallel channel.
I will update further information with target and invalidation soon.
