After breaking the set level, the price drops to the previous floor by 150 pips. Also, R:R = 2. Are you agree?
According to my analysis this currency pair inshallah move bearish for the upcoming week 1-Strong nice downtrend 2-Nicely repeating its key levels towards downtrend Note: For bearish move it is suppose to hold trend line
#EURCAD Hello trader, I hope are good and safe. Today I opened the chart of #EURCAD for 15 MIN and analyzed it then I see that this chart has made a DOUBLE TOP PATTERN, So I hope #EURCAD will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
Yesterday the bearish movement of EURCAD took us to an even more interesting and noteworthy area. A new low was reached, but without triggering any buy signals on the MCS, even though the channel has really narrowed a lot. I think the signal is close, and maybe reaching a new low at 1.4052 is a good entry point, but we still don't set any buy limit, we wait for...
Since November, EurCad is trading in a range, with a low of around 1.42 and a high above 1.4550. Yesterday the pair visited the lower boundary of the range and reversed (Pin Bar on Daily chart) At this moment there is a high probability of continuation to the upside and traders can look to buy dips under 1.43 with a target at 1.45 A daily close under 1.42 negates...
#EURCAD Hello trader, I hope are good and safe. Today I opened the chart of #EURCAD for 15 Min and analyzed it then I see that this chart has made a DESCENDING TRIANGLE , So I hope #EURCAD will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/CAD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
Hello 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.
Hello. If the pullback is completed and the price is returned, you can buy with 2 targets
After a false break under 1.43 support, EurCad reversed strongly on Friday, putting in an immense bullish engulfing on our chart, which engulfs almost 2 months of trading. 1.4450 provides support now and dips towards that zone should be bought. Bulls target can be 1.5 zone resistance and only EurCad under 1.43 would negate this scenario
Hello 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 - 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:...
Hi fellow traders, EURCAD will be ready to sell from the blue box area as the correction is completing. Goodluck!
Looking 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...
Hello traders, EURCAD has formed a double top on a weekly resistance with a bearish engulfing pattern. It is highly likely that this instrument will move down from here to continue its downtrend.
EurCad is in a downtrend for 15 months now, with the price dropping 1700 pips, from 1.6 to 1.43. At the beginning of October, the pair has made an important break under 1.46 support and dropped pretty fast to the up-mentioned low. At this moment looks like EurCad is preparing to test the new 1.46 resistance for confirmation and traders can look to buy dips against...
we're waiting this pair to close a momentum candle over our last touch of the descending channel so we can take a buy position if anyone have a comment on my analysis please share it Good luck
EURCAD reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information...