My EURCAD Swing Trade IdeaLooking to short EURCAD as I see further pressure on the EUR with rising cases of the Delta Variant and economic issues surrounding the outbreak.
Eurcadshort
Short20th Aug 2021
Short EURCAD
Touched the given top and made
a Bearish candle (shooting star)
we can open shorts at current level
1.50635-1.50000
for target area 1.49329
2nd target 1.47643 & 1.46612
stop loss 1.51020
EURCAD h1 short idea supply zonePossible bearish movement within the next period to 1.50300. SMI 15 m + 30 m + 1 hour Stochastic momentum oversold.
EUR/CAD SHIRT TRADE IDEAEUR/CAD Signal
Market Sell: 1.50940
Stop-Loss: 1.51600
Target 1: 1.50000
Target 2: 1.48720
Stop-Loss: 66 pips
Risk: 0,5%
Risk-Reward: 3,35
EURCAD and the probable path: bears are dominant (Elliott)As you may see in my previous analysis on this pair the pair retraced to 38.2 fibo ret. You can see the previous analysis here ( ) The nature of the wave tells us that the move was a corrective one, and now we can see that the market is in hands of bears so we can tell that wave 5 is in progress. For wave 5 we can expect 61.8 ext of wave one to three and based on this fact the path forward to the instrument is drawn.
EURCAD Short OpportunityConfluences on the pic. H&S, retest, fib level, nice strong liquid break and slow re-test to the zone. Look out for a potential setup after rejections on the key level
✅✅ EURCAD LONG ✅✅What we see on EURCAD is quite clear and nice, price bouncing between two trendlines,
And for now we are in really strong area which you can see as gray rectangle
❗️ 1st lets wait for price to close above our support then set this order ❗️
2nd: set our 1:5 order and fly with the price
⚠️Take Max 1% of your capital on this trade⚠️
Lets see how price respects our each scenario
👇🏻👇🏻👇🏻 Any question comment bellow 👇🏻👇🏻👇🏻
GOOD-LUCK EVERYONE
EURCAD SHORTUse Money Management
be happy to get advices to my analysis
have nice journey on TRADING ...
VERTEXCHARTS | EURCAD 4HR TIMEFRAME ANALYSISEURCAD continues to rise up in an uptrend channel range
The pair has recently formed a minor support and resistance making it to form a range.
EURCAD 4Hour This is the EURCAD on the the 4 hour time frame, lol and to be honest im lazy to tell you what i think hahaha so LETS JUST WATCH AND SEE HOW THE PRICE MOVES #EURCAD
EURCADOKAY so this is the daily time frame of the EURCAD which i found interesting price action that got me asking myself one question ,IS THE PAIR GOING UP OR IS IT GOING DOWN?
Lets watch and see !!
EURCAD 15min TIMEFRAME ANALYSIS (sell) we consider to sell EURCAD pair because the price has reached a strong resistance level above. Our entry and exits are as indicated on the chart. We know what we are doing and we do what the market is doing. Invest wisely.
EURCAD TO CONTINUE PUSHING?As we have clearly seen, the Canadian dollar has grown weak for quite some time.
This has caused XXXCAD pairs to grow in price.
We just saw a sharp bust through this level with price immediately returning to it.
We do not know if it is a fakeout, so we'll wait for price to comfortably leave the area and return to it before we take on long trades.
eurcad selleurcad sell :
Reasons :
1)my ema lines confirmation(dont ask guys its secret)
2)nice pattern trend
3)naked candles will be appearing
but wait for more confirmations until we update here
take profit : green line
stop loss : red line
EURCAD Sell Trade Opportunity (My View)EURCAD Is Another Pair Setting Up For A Nice Move... Looking For Sell SetUps With This Pair In The Coming Days Might Just Prove Profitable. Move/Trend Up Is Currently Losing Momentum & I Am Expecting The Market To Respect This Levels. Ideal Trade Indicated on Chart With SL & TP INidcated. However You Can Alternatively Look For Your Sell Set Ups.
EURCAD short opportunity live 🤟👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURCAD Has Broken Below Support
Welcome back Traders, Investors, and Community!
Hi Traders, EURCAD on H4 has broken below the Support line and has already done the retest, got rejected with a large red candle. It's expected to go lower to 1.4581
⬇️Sell now or Sell at 1.469
⭕️SL @ 1.4756
✅TP1 @ 1.4581
✅TP2 @ 1.4456
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Eur/Cad headed lowerEur/Cad has bounced off of a key resistance level and should move lower to 1.4572 with a stop at 1.4680.
EURCAD > Possible Way to Sell the EURO Against the CAD!!Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Follow up on #EURCAD
I might have a possible way to sell the EURO against the CAD at a very strong resistance level if the rules are met.
As you can see we have a strong resistance level near 1.4800 good for looking for a sell trade for a possible move to the downside.
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Nice short opportunity on EURCAD 📉💪Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
