Eurcadshort
EURCAD Short Trade IdeaHello traders, here is the analysis for EURCAD. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EUR/CHF Wave Analysis
The counter has completed a bear cycle and is due for a correction.
It formed an inverted head and shoulder pattern in the lower timeframes and has broken out.
Hence, we expect the counter to be bullish in the near-term.
ERUCAD LOOKING TO SELL SOONEURCAD has hit the KEY LEVEL where it also reversed before multiple times if you look in the D1 Chart, wait for Bearish price action to confirm and place SL Just above the Key Level Shown in this Snippet.
PLEASE NOTE : This is Just personal preference I will not be responsible for any loss.
Tell me your views on this in the comments.
Eurcad setting for a downtrend Eurcad is setting for a reversal, watch price action to add on corrections, we are at the top on this pair
Good luck everyone
EURCAD H1 SHORT PRICE ACTION FORECAST Euro has been showing a bearish pressure across the board, finding resistance towards the descending trendline, it allows the setup of a short entry if the price doesn't manage to get support in the current level.
The order:
Type: sell-stop
S/L: 47 pips - R:R | 1:2 -
T/P: ascending trendline
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EUR/CAD entering resistance area💡Hello traders,
Hope you all have a fantastic day !
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EUR/CAD has made a strong move up, but now faces first major hurdle. Will momentum continue and price breaks through this key resistance ? We will closely monitor price before opening any short positions.
Let us know what you think about this idea.
Trade safe !
Come Through Chart PatternsOn the 1H and who do you see ... Head & Shoulders (chart pattern).
If you enter now, you're looking at 22 pips which is good for a scalper assuming there is no retracement back up to 1.55. I'll rather enter below the 1.54 on a good bearish price action. (Alerts Set)
With this move you're looking at a good 83 pips if you land on the trendline.
EUR/CAD Short setup.Hey, back with another Forex idea, EUR/CAD Short.
EUR/CAD has been a good trade for me in long direction, posted two days ago
This time, still in same range, just shorting, take profit is in the middle of the area, because the pair is in uptrend, but has seen a strong peak, bearish div, resistance testing...
Short entry
1.55300 - 1.55490
TP level
1.54845
SL above
1.55747
Good luck with your trading! Hit me up with any questions.
EURCAD / SELLWe can see a trendline break and a retest of the area, once price breaks this line again I anticipate a big drop
EUR/CAD show a bearish movement to find down Money profits!!!Hello guys, in this technical analysis we wil go on short position in this technical analysis, because EUR/CAD show a nice chartist pattern called tripple top, that is a bearish siganl so that Euro is going to drop, specially the Euro vs. Canadian Dollar show that.
So, that is the analysis that I make it.
Now, look in Daily, we see that there are many candlestick that showed a possible drop, specially that we are in this bearish rising wedge to entry here
That is the key analysis in H4 timeframe. That show that we have a tripple bottom marketd in these blue arrow.
I hope that this analysis is support you!!!
So, in the H1 timeframe we see that movement is so bearish soon
So, I put a sell order limit at $1.5540 CAD and the SL at $1.5601 USD, that is 60 pips, because calculated the risk in US Dollar is $4.44 USD, that is considerable within of my risk 10%, because in the last days I earn in EUR/USD and EUR/GBP recently when I Closed up my position, now I have the USD/CAD activate in short as Canadian Dollar is strenghten.
Eurcad Downtrend beginningBeen short in this pair, after all this bullish movements I believe euro starting big downtrend, has been in accumulation phase for more than 4 months creating a bullish sideways movement overall, but this usually its bearish in Long term
Oil Bullish / Cad bullish, Euro Last push on Monthly chart (EURUSD) , still downtrend on Monthly chart
All entries explained and re Entries
Final tp 1.45
this will take months! have patience
EURCAD NICE DROP Daily support is highlighted, once the zone is broken we will sell to the target area
EURCAD SELLBoth the 4 hr and 8 hr time frame are now in a confirmed downtrend. There was strong rebound from the 12H trend line however the 12th time frame also shows a huge bearish engulfing candle that has not been superseded. I am also seeing a potential head and shoulders and this could be the right shoulder that is forming.
Remember risk management is key and STICK TO YOUR TRADING PLAN
EUR/CAD Technical Analysis.Currently, EUR/CAD is trading at 1.5479. The pair is consolidating in the resistance and support wedges. Previously, the pair was trading in resistance and support wedges by making higher high lower low pattern. It may start a new down trend if it breaks the support level and neck line at 1.5392, then its first target price will be at 1.5284 and the second target price will be at 1.5218.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and ideas.
Thank you,
Rishikesh Lilawat
EURCAD - SWING - 21. JULY. 2020Welcome to our weekly trade setup ( EURCAD )!
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1 HOUR
Very bullish price action and takeout.
4 HOUR
Expecting another push to the downside taking out several long holders.
DAILY
Overall bullish market turning right now, good short entries!
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FOREX SWING
SELL EURCAD
ENTRY LEVEL @ 1.54650
SL @ 1.55330
TP @ 1.53640
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
EUR/CAD going lower 💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
EUR/CAD will go lower after breaking ascending channel.
Let us know what you think about this idea.
Trade safe !
EURCAD Sell Trade Plan Hello traders, here is the trade plan for EURCAD. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURCAD TRADE IDEAEURCAD - Bit of a triple top before rejecting the resistance with a big bearish candle. Should see a further push to the downside, and then potentially break the trendline.
