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Eurcadshort

EUR/CAD Multi-Timeframe analysis (03/02)Hi Traders EUR/CAD Multi-Timeframe analysis (03/02) H1 Chart (Bearish) Target 2 at 1.52525 has been reached. We closed the remaining 50% of our position and now we are looking for the next opportunity to enter the market. Support & Resistance 1.53327 1.53548 1.53030 1.53833 1.52898 1.53965 H4 Chart (Strong UP) The market is approaching the support at 1.52821 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.52619 level. Support & Resistance 1.52821 1.53124 1.52619 1.53498 1.52092 1.53833 Daily Chart (Strong Down) The market is approaching the resistance at 1.54016 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.55924 level. Support & Resistance 1.52666 1.54016 1.52092 1.55924 1.51065 1.57096 Weekly Chart (Neutral) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistance 1.52666 1.59912 1.50518 1.62060 1.47707 1.64871
Short
by Avramis
2
EUR/CAD Multi-Timeframe analysis (Update)Hi Traders EUR/CAD Multi-Timeframe analysis (Update) H1 CHART ( Bullish ) A medium probability, entry signal to go LONG was given at 1.53623 after the market found support at 1.53317 . Only the downward break of 1.53317 would cancel the bullish scenario. Support & Resistances 1.53328 1.53548 1.53030 1.53735 1.52898 1.53975 H4 CHART ( Neutral ) Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop. Support & Resistances 1.53124 1.53498 1.52619 1.53782 1.52092 1.54414 DAILY CHART ( Strong Down ) Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level. Support & Resistances 1.52660 1.52666 1.50744 1.54016 1.47486 1.55924 WEEKLY CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistances 1.52666 1.59912 1.50518 1.62060 1.47707 1.64871
Short
by Avramis
EUR/CAD Multi-Timeframe analysisHi Traders EUR/CAD Multi-Timeframe analysis H1 CHART ( Strong Up ) The market is approaching the support at 1.53258 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.53039 level. Support & Resistances 1.53258 1.53486 1.53039 1.53548 1.52678 1.53719 H4 CHART ( BEARISH ) Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop. Support & Resistances 1.53124 1.53498 1.52619 1.53782 1.52092 1.54414 DAILY CHART ( NEUTRAL ) Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level. Support & Resistances 1.52660 1.52666 1.50744 1.54016 1.47486 1.55924 WEEKLY CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistances 1.52666 1.59912 1.50518 1.62060 1.47707 1.64871
by Avramis
1
Short Opportunity on EURCAD (4hr)A short opportunity can be found on the EURCAD (4hr chart), please see rationale below: 1) Long term down trend (Daily chart) 2) Short term down trend (4hr) Black line 3) Recent historical price shows good opportunity to sell near 50 EMA Amber line (4hr chart) Ideal for swing and day opportunities. I could be a little early on the entry. But those who wish to wait for confirmation can wait for price to close below the EMA before entry. Hope this idea helps you gang! Happy Hunting!
Short
by Piphunter1887
EURCAD - To short to 1.51500, then long to 1.52800As you can see on the chart, price is currently in a downtrend. Price has been rejected by the resistance line (upper trendline). Therefore, I expect price to first sell to 1.51500 before an uptrend to 1.52800. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓
Short
by PetrockFxTrading
2
EUR/CAD Multi-Timeframe analysisHi Traders EUR/CAD Multi-Timeframe analysis H1 CHART ( BEARISH ) Waiting for a retracement higher towards the 1.53175 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.53780 level. Support & Resistances 1.52790 1.53175 1.52213 1.53780 1.51227 1.54766 H4 CHART ( BEARISH ) A medium high probability, entry signal to go SHORT was given at 1.53151 after the market found resistance at 1.53804 . Only the upward break of 1.53804 would cancel the bearish scenario. Support & Resistances 1.53120 1.53782 1.52821 1.54414 1.52255 1.54980 DAILY CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistances 1.52666 1.54016 1.50744 1.55924 1.47486 1.57096 WEEKLY CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track. Support & Resistances 1.52666 1.59912 1.50518 1.62060 1.47707 1.64871
Short
by Avramis
2