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Eurcadtrade

EURCAD Short Trade Setup A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 1.46000 psychological level and possibly testing the strength of the 1.45782 horizontal support level. As always, please apply appropriate risk management. Happy trading! #crosspair
Short
by charles-okoukoni
3
EURCAD Trading Plan - 18/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
3
EURCAD Trading Plan - 15/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. I am biased for taking the recent low once again before giving a bigger correction upside. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
FX Wars Episode 2 - Attack of the CAD clones!Round 2, Fight! Result Round 1 see here: After my first EURCAD short hit the target and the EURCAD made a nice retracement to the upper edge of the range, I basically enter the same trade again: I split the trade into 2 positions: I short the EURCAD once here directly and at the same time place a limit order at the current range high of 1.51000. I place the take profit at 1.41000. A tasty 1000 pips profit awaits me :) I have already explained the reasons for this in detail in the 1st episode. A summary: Once upon a time, a long, long time ago, there was a confused rebellion by the European Central Bank (ECB). It erred in almost all important matters and plunged the European economy into a severe crisis. The beneficiaries are the renegade followers of the CAD empire, including myself. They are (once again) profiting from the sheer ignorance and short-sightedness of the ignorant ECB Council by shorting the EURCAD. - As predicted back in July, inflation in the eurozone fell far faster than the ECB and the market had expected. - At the same time, eurozone GDP was also far worse than expected (as I had predicted, see commentary of 6 September. - The ECB is (once again) wrong on all counts and is reluctant to utter the forbidden words "interest rate cuts". The most important ECB members do not see the possibility of considering interest rate cuts until the end of 2024 at the earliest -> This is a fallacy and the market will already be discussing interest rate cuts with the ECB at length in Q1 -> I see a high probability that we will be very close to the ECB's first rate cut as early as April 2024. More will of course follow in 2024. To be continued...
Short
by PrimeTrading
10
EURCAD H1 / POTENTIAL SHORT TRADE EXECUTION Hello Traders! This is my forecast for EURCAD H1. I expect the price to take the OB level after that, I will wait for a short trade confirmation as I see the structure continuously bearish. Wait for confirmation! Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. ____________________________________ www.tradingview.com
Short
by GoodTradeST
EURCAD Technical Analysis And Trade IdeaRecently, the EURCAD has exhibited bullish momentum, primarily propelled by the robust performance of the EURO. This video delves deep into dissecting this trend, scrutinizing price action, and exploring a potential trade opportunity through an analysis of scenarios on the 1D daily timeframe. Expect comprehensive insights into price dynamics, market structure, trend evaluation, and pivotal technical analysis elements. It's imperative to stress that the information presented is purely educational and should not be misconstrued as financial counsel.
Long
by fxtraderanthony
EURCAD I Trend line break and now bearishWelcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
3