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Eurcadanalysis

EURCAD Bounce Incoming!EURCAD has established an upward channel and is now almost at the bottom of that channel. RSI is oversold at 28.9 on the 4Hour, has hit 28 before bouncing back above on the 2Hour and bottomed at 31.8 before bouncing on the 6Hour. Directly below the price we see the lower boundary of the upward channel and a previous good Demand Zone. Price may continue down to touch the lower channel boundary and the demand zone, which will push the RSI further into the oversold range and give us a very advantageous Risk/Reward opportunity.
Long
by HayeTrading
25
EURCADHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions 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 view with Order block Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit day guys
Long
by Bexi03
Wait for the breakout signal and buying opportunity with EURCADH1 time frame. Structure: Uptrend. The price is currently moving in the sideway from 1.44000 to 1.45500 and retesting the Key level of the previous downtrend. Wait for the price to confirm a rise above 1.45500 and appear bullish continuation candlestick patterns, then you can find buying opportunities. The profit target is the 1.47700 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
EUR/CAD BUY NOW 📉Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - We have big push on upside. - EMA's give us BUY signal. - Fib level is reach and reject our 50.00% level. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Long
by TBFinan
3
eurcadEURCAD - Long Why are we entering? - Expecting CAD weakness & EUR strength = EURCAD Long - Keep looking for buys everytime price goes to the bottom What are we waiting for to happen? - Bounce off the bottom - CAD index to become bearish and EUR index to turn bullish What is our confirmation? - CAD index to continue reversing Entry No Safe Entry. Risk Entry: Bounce off the bottom Once entered, where will our Stoploss be? - Below the lows Where do we take profits? - First TP: 1.472 - Second TP: 1.5
Long
by Elrouby
3
eurcadEURCAD - Long Why are we entering? - Price is in a descending ABCDE wedge and we are approaching the weekly structure level (1.43) - Expecting CAD weakness & EUR strength = EURCAD Long - Keep looking for buys everytime price goes to the bottom What are we waiting for to happen? - Bounce off the bottom - CAD index to become bearish and EUR index to turn bullish What is our confirmation? - CAD index to continue reversing Entry No Safe Entry. Risk Entry: Bounce off the bottom Once entered, where will our Stoploss be? - Below the lows Where do we take profits? - First TP: 1.472 - Second TP: 1.5
Long
by Elrouby
10
EURCAD (1HR) OUTLOOKLooking at 1H TF of this pair, the momentum does not look weak, hence suggesting that price might go into consolidation for a couple of hours before turning back up. and there is a possible trap for buyers so i suggest we stay woke with our SL levels. Here is what am thinking (for Educational Purposes only):- BUY: Between 1.43563 and 1.43200 SL: 1.42901 Target 1: 1.44444 Target 2: 1.45535 Target 3: 1.46467 Risk Management: 2% max!!!‼️ PLEASE LIKE, COMMENT AND FOLLOW ME 🙏🙏🙏🙏🙏🙏
Long
by Kingsley_lotanna
4
EURCAD - is this turning bullish? 05 Nov 2021Is the bearish trend coming to an end? I have no idea, but I do know that: - 1.4300 is a solid S/R area - price has been consolidating in a tight structure since 13 Oct. - the bears made at least 2 major attempts to break below but failed. - we seem to have made a higher low and for now the price action seems restricted to the top half of the structure. Ideally a break above this corrective structure followed by a pullback would be a signal to take a long trade. If price gets there, I would also consider taking a long at the bottom (1.4300) with a tight stop loss. Before that happens, I will be monitoring the price action on the H4 chart, to try and determine if the bulls or bears are likely to take control of this market. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Long
by Trading_Vista
2