Get started

Eurcadsell

Approaching Key Resistance Sell Off Towards 1.43 Next ??Looking to SELL this pair on a final push up towards 1.51 here's why. This level is very strong Weekly & Monthly resistance level and is the top of a sideways range that has been in play since 2021 each it has come to the top of this range there has been a strong reaction see the daily chart image below. Price managed to push above 1.50 on Monday before selling off slightly the last couple of days buyers have again entered the market today, I expect one final push up to 1.51 before selling off. The plan for this setup is very simple wait for price to rally back above 1.50 towards 1.51 monitor the lower timeframes look for evidence of slowing momentum with sideways price movements or MACD divergence signals. If this price action is happening then I will simply enter a sell setup target for this setup is the bottom of the range seen in the daily chart above around 1.43. If we do not see the final push back above 1.50 towards 1.50 then I will wait for the first pull back and use my TRFX indicator for signals on the 4hr to daily charts to get in on this move. Hope you enjoyed the post :)
Short
by TheFxAce
10
EURCAD - Long from bullish order block Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I wait price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Next week on Tuesday will be released monthly CPI, if the result is negative, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
EURCAD LONG TERM SELLING TRADEHello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
EURCADAs the price approaches the Quantitative Median Line (QML) area, there is an expectation that it may experience a downward movement. This anticipation is based on the analysis of quantitative data and market trends. If you share this viewpoint or find this analysis plausible, your support can be expressed by liking or endorsing this statement. The concept here is that a collective show of support through likes indicates agreement or acknowledgment of the predicted price movement within the QML area.
Short
by HUMCRYPTOCLUB
2
EURCAD - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.46000. Fundamental analysis: Next week on Tuesday and Friday we have news on CAD, will be released monthly GDP and Unemployment Rate. Pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content
Long
by Snick3rSD
EURCAD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
EURCAD Trade IdeaThe EURCAD has currently reached a pivotal support level following a significant downtrend. It is evident that the price has become over-extended, signaling a potential retracement in the near future. Our trading strategy entails establishing a short position should the price retrace into our predefined selling zone. I adhere to a prudent approach when determining position sizes, typically allotting approximately 0.2% of my account balance to each trade, with a maximum exposure of 2% at any given time. It is essential to emphasize that this information should not be construed as financial advice, as trading carries inherent risks. Emphasizing the implementation of robust risk management techniques is of paramount importance.
Short
by fxtraderanthony
Bearish Outlook: EurCad's Potential 500 Pip Drop AheadSince the beginning of 2023, EurCad's price has been trading above 1.4250, a level that became a very important line in the sand, with a test in January, February, and back in June, Recently, the price came back to this level and after only one day of consolidation, yesterday broke under. This is a very important break for the pair and opens the door for further losses. As we can see from the chart, yet another important break happened at the beginning of the month- The ascending trend line support- and also the price action from the past 12 months resembles an H&S. All in all, I expect a drop of around 500 pips in the coming months and a positional trader could take advantage of such a trade.
Short
by Mihai_Iacob
9