Long EURCAD
Took a long on EUR/CAD, the market seems to have broken the down trendline, I do have 1 area of concern for a possible resistance (1.56345)
Entry 1.55958
Stop LOSS 1.55545 (41 PIPS)
Take Profit 1.57601 (164 Pips)
Eurcadtrade
EURCAD long confirmationEURCAD long position confirmed with a head and shoulder formation and a RR 1:2
EURCAD / SHORTWe can see price fell from a key level of resistance, its now retracing
We will wait for a break of structure before shorting this pair.. im expecting price to bounce off of one of the fibo levels then break structure
Once thats done we can look to short
EUR/CAD Technical Analysis
The counter is currently sliding down in a descending channel.
It hit the upper parallel and is coming down strongly.
Further, the RSI indicator has formed a head and shoulder pattern.
Hence, we expect the pair to be bearish in the near-term.
Eurcad Buy Setup! LongDISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
EURCAD Long SetupEURCAD is now in an uptrend. Price seems to be exhausting and looking for a pullback for an entry. Look for price to do a retest at the last level that was broken or look for price to make a double bottom at the higher low. These zones also are in line with the fibonacci levels.
EURCAD, MORE SHORTS?!ENG:
- EURCAD might be forming a retest at our supportive zone (ex), all the setups are described at the analysis.
PT:
- EURCAD a formar um possível retest na nossa ex zona de suporte, todos os setups possíveis estão descritos na análise acima.
Golden Zone -- EURCAD Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
_______________________________________________________________________________________________________________________________________________________
Thank you for your support!
EUR/CAD LONG SET UP & SIGNALTITLE/(DATE)- EUR/CAD
ASSET- FOREX
PLATFORM-MT4
ORDER TYPE- BUY LIMIT
Time Frame-4hr
ENTRY PRICE 1- 1.57080 (pending)
ENTRY 2- 1.56880 (pending)
STOP LOSS- 1.56680(40 PIPs)
TAKE PROFIT 1- 1.57580 (50 PIPS)
TAKE PROFIT 2- 1.58080 (100 PIPS)
TAKE PROFIT 3- 1.58580 (150 PIPS)
TAKE PROFIT 4- 1.59080(200 PIPS)
TAKE PROFIT 5- 1.59580(250 PIPS)
STATUS: ACTIVE
DROP A LIKE AND COMMENT FOR MORE SIGNALS
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 / SELLWe can see a trendline break and a retest of the area, once price breaks this line again I anticipate a big drop
EURCAD NICE DROP Daily support is highlighted, once the zone is broken we will sell to the target area
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.
EURCAD / BEAR / BIG DROPEURCAD has been ranging for a while, it is now at the top of the range on the 1H chart and there is an area of support just below it, I am waiting for price to break and then selling to the next level of support
I expect price to pull back before the trend continues, if the trend continues we can hold the position or enter another sell
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.54200 where it could potentially rise further to 1.54965.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Euro/Canadian: EURCAD: ForecastHi,
I have analysed the EURCAD, current price came from the Triple Top, as it was on implusive phase, now the price is in large corretion, inside the large correction there is sell pattern with two touch already been played out, now i am waiting for the third touch on the trendline then wait for SELL confirmations like Engulfing candle, evening star and candle rejection
This is the H4 TFM
this is just my opinion.
Kind regards
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.53314 where it could potentially rise further to 1.53568.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
