EURCAD Bearish Breakout! EUR-CAD broke the rising
Support line and the breakout
Is confirmed so we are
Bearish biased and
We will be expecting
A further move down!
EURCAD trade ideas
EURCAD: Long Trading Opportunity
EURCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURCAD
Entry - 1.4971
Sl - 1.4938
Tp - 1.5035
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURCADOverall structure is bullish, internal structure has been bearish, we've got liquidity area on the left awaiting a market swEEp on the left side. After the swEEp we wait for the break of the previous structure to push price to the upside. 1:12 RR.
Bearish breakout?EUR/CAD has broken out of the support level which is an overlap support and could drop from this level to our take profit.
Entry: 1.50343
Why we like it:
There is an overlap support level.
Stop loss: 1.50851
Why we like it:
There is a pullback resistance level which is slightly below the 50% Fibonacci retracement.
Take profit: 1.49598
Why we like it:
There is a pullback support level which is slightly below the 78.6% Fibonacci projection.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EUR-CAD Will Go Down! Sell!
Hello,Traders!
EUR-CAD is going down
Now after the bearish
Breakout of the rising support
So after a potential local
Pullback we will be
Expecting a further move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
EURCAD - Long after BOS !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. Price fulfilled the imbalance and rejected from bullish order block. On H1 we have regular divergence, so after BOS I will open a long.
Like, comment and subscribe to be in touch with my content!
EURCADHello everyone, EURCAD chart analysis Since the end of the sixth month, an upward wave in price began, which ended on the first day of August Now the price is moving in a descending price channel The MACD indicator shows that the buying momentum has started to decline. We move to a lower time frame and look for a selling opportunity⬇️
⛔️It is not investment advice, for educational purposes only.
I'm expecting for bearish trendwe have H&Ss pattern when you look at our left, prev.. wave 3, wave 5 and our current wave 1 so let see how market plays.
NB:NO REVERSAL PATTERNS NO ENTRY.
EUR/CAD Swing Short positionEUR/CAD Short Position.
Price crossed the Trend Line and created a ChoCh (Change of character). And also failed to sweep the PDH (Previous Daily High). Wait for pullback to entry.
EUR_CAD STRONG BEARISH BREAKOUT|SHORT|
✅EUR_CAD was trading long
The rising support line
But now we are seeing a
Strong bearish breakout
And the breakout is confirmed
So we are bearish biased and
We will be expecting a
Further move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
EUR/CAD potential shortHI Traders.
We see this pair has formed a bigger HnS Pattern at a resistance zone.
We saw the first bearish impulse and a LTF correction forming (Right Shoulder of the HnS Pattern) Today we saw a clear break out of the correction pattern. Now wait for a LTF correction and the break out out of this LTF correction to confirm the bearish move.
Trade idea - EURCAD Long1H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
0.5% risk.
Selling eurcad Last Friday fake breakout due to news data
Now h4 candel forming downside the trend
Trend broekn confirmed overall selling pressure
EURCAD showing bearishnessEURCAD on daily chart is showing weakness rsi showing bearish divergence, short sell is recommended with stop loss at previous high
EURCADM
Retest on the highs
W
Retest on the highs
flet walls
(-) new liq
D
BM and H&S
Impuls & correction
4H
Inv H&S
EURCAD IDEA 26 aug 2024Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.487.
✅LIKE AND COMMENT MY IDEAS✅
EUR_CAD BULLISH BIAS|LONG|
✅EUR_CAD is trading in
An uptrend along the rising
Support and we are already
Seeing a bullish rebound
So we will be expecting a
Further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
EURCAD 4hr Long 4hr Long
EURCAD has been breaking into new highs on our Weekly, Daily and now our 4hr entry time frame. and surfing above our 50/200 EMAs. Price has now had a pullback followed by a valid engulfing pattern. That makes this a good example of the 50ema Valid Engulfing Strategy.
🎯 Entry - 1.51476
💰 Take Profit - 1.52906
❌ Stop Loss - 1.50999
EURCAD - Bullish ReversalThe pair has made a bullish RSI divergence. We are selling it on the break of higher low retracement. The trade plan is set, let's hope for the profit!
EUR-CAD Local Growth Ahead! Buy!
Hello,Traders!
EUR-CAD is trading along
The rising support and now
We are seeing a retest and
The beginnings of a rebound
So we are locally bullish
Biased and we will be
Expecting a further
Local move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
EURCAD SHORT While the pair reversing off the .786 FIB, Canada retail sales this morning also came in strong. I took a short in the pair with short term target at green line.
