Eurcadshort
EURCAD | SUPPORT ZONEEURCAD has been trading in bearish paralllel channel with trend looks fadding away now. Currently price is at the strong support zone, which has been reached in the past as well.
We are expecting bullish reaction from here and the risk reward favors the bullish position here.
Trade your levels accordingly.
EUR/CAD Full Analysis And My Direction Opinion For Next Days This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCAD Bearish Flag and BoC Hiking Rates tomorrow.Hey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.372 zone, once we will receive any bearish confirmation the trade will be executed. Keep in consideration also BoC Rate statement this week where we expect a hike of 0.50 which gonna contribute to CAD strength.
Trade safe, Joe.
Bearish Trade EURCAD 4HBearish trade idea on the EURCAD 4H...
Price has been in a downtrend for months.
Price is now in a descending wedge and has recently broken most recent outside return to the downside.
Price has touched the upper support trend line 3 times and respected on the third touch.
Price was rejected at the 618 Fibonacci retracement from the most recent swing high.
Price is also at previous level of structure resistance.
Price also put in lower low, lower close candle.
Entry price was at 1.38953
Stop loss set at 1.40070
Take profit 1 set at next obvious level of structure (conservative profit taking) 1.37741
Take profit 2 set at lowest close of most recent outside return 1.36878
I will remove half my position size at TP 1 and move SL to breakeven.
EURCAD | BREAKING CHANNELEURCAD has been trading in bearish parallel channel from the start of this month. It has defined the bottom around 1.35900 where we witness consolidation. Recently price has broken the consolidation box and trading above it.
We remain watchful of the falling channel resistance zone and will be bullish if the price break and sustain above it.
EUR/CAD Bearish Price Action Give Us Short Setup To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD | BREAKOUT AHEADEURCAD has produced a breakout from the falling trendline and is trading above it. Recently price action is consolidating in a box as highlighted on the chart. We are still bullish in this pair with two strategies;
A buy on dip till falling trendline
Or
Breakout above the resistance zone will be safe enough for long positions.
Trade your levels accordingly.
EUR/CAD Finally Closed Below Our Supp , Time To Sell It ? This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCAD LONG IDEAHello Traders,
Hope you are having an amazing week.
Above is my analysis on EURCAD , overall perspective is very BULLISH
Expecting this level of supply to hold !
Always move stops to breakeven after +25 pip moves
Looking forward to see how this plays out.
Thank you for your support,
ETGL TEAM 💛
EURCAD | BUY ON SUPPORTEURCAD after being in a symmetrical triangle, gave a break below on 18th March.. Since then we see a decline in the price sharply.
The current price is approaching to the support zone which gave a good bounce of more than 400 pips when it lasted tested on 7th march.
Trade your levels accordingly.