Eurcadshort
EURCAD BEARISH ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
EURCAD AnalysisMy overall bias on EURCAD is bearish. After a bearish impulse I am now expecting a retracement to test the 61.8 fib level.
There is also a bullish divergence on a lower timeframe which may be the catalyst for the retracement. I am looking for price to make a retracement before then a bearish continuation. I am expecting price to make it's third touch of the trendline.
EURCAD, 1hr tf, sell below kumo cloudHello my friends,
Another trade to take for today is this EURCAD pairs.
The setup looks like EURAUD and i am gonna take a sell position as well.
All the requirement for selling this pair are also met on the 1hr chart so we will sell on a retracement of last 1hr candle close.
Sell EURCAD 1.5530
Stop loss 1.5565
Take profit 1 @1.5495
Take profit 2 @1.5460
RR Ratio is 1 : 2
Use only 1-2% risk
Good luck
EURCAD One more buy before bigger sell?Hi traders,
Keep an eye there for short term buy setup then we have to watch for sell setups.
If the price will drop down earlier watch for continuation to the downside.
EURCAD quick intradayThe price has rejected the resistance line once again, from this point we can open a sell position and set our target profit at around 1.55800 area
Two roads for #EURCADThere are two roads for EURCAD this week, the closest way is with the support that is the lowest level from last week. And the longest one could be to the resistance which is the last week's highest price.
YOO LETS MAKES THIS MONEY EASY DOLLAZ $$<>Hey there Im really going bearish here like if you agree send me your analysis if you like Have a GOOD one <>
EURCAD Sell OpportunityHi traders, in this setup I am looking for a selling opportunities in this zone
EURCAD, 2hr tf, head and shoulders pattern to materializedHello my friends,
Today trade ideas gonna be EURCAD pair.
This pair currenly moving sideways but if you look it closely, there is a shoulders head pattern forming right now.
Price also already broken below the neckline so i am gonna take a sell position with ichimoku confirmation.
1st confirmation is price below the kumo cloud
2nd confirmation is kumo cloud color are red
3rd confirmation parabolic SAR now above the price indicating sell pressure
Sell EURCAD 1.5600
Stop loss 1.5645
Take profit 1 @1.5555
Take profit 2 @1.5510
Take profit 3 @1.5465
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
EUR_CAD STRUCTURE ANALYSIS|
EUR_CAD IS TRADING IN A CHANNEL, FACES HORIZONTAL RESISTANCE.
(1) The pair modestly bullish, after breakout from downward channel
(2) Horizontal resistance seems to be well respected
(3) Good chance it might sink to retest channel support.
(4) IF breaks out higher-wait for confirmation.
(next upward resistance is R2 of a channel)
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EURCAD - BEARISH BIASEUR - BEARISH
1️⃣ The Eurozone consumer prices dropped 0.2% from a year earlier in August 2020, the first decline since May 2016.
CAD - BULLISH
1️⃣ WTI crude futures rebounded slightly to trade above $40 per barrel on Thursday, as investor focus shifted to an OPEC+ meeting later.
2️⃣ Expect positive retail sales tomorrow due to stronger labor data in July.
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TECHNICAL
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- We're shorting this pair on SBR level + SMA100 area on H1 chart.
- EURCAD in bearish zone.
Short Setup on Pullback-Ascending TL breakout, retest and continuation expected
-0.5 fib retracement
-Strong area of S&R
-MA50
EURCAD - SWING - 21. SEPT. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Very bearish price action!
4 HOUR
Looking for further downside movement this week.
DAILY
Market looks like its turning bearish now..
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FOREX SWING
SELL EURCAD
ENTRY LEVEL @ 1.56050
SL @ 1.56500
TP @ 1.55430
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
