EURCAD BUYEURCAD BUY to the Mention zone tp upper Resistance Level. Retracement Done. Breakout done and Retrace the level.
Eurcadanalysis
EURCAD LONG EURCAD bounced from the MAJOR lower support level on the H4 and WEEKLY time frame, . we expecting the pair to retest the key levels listed on the chart.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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Jamie Gun2head Trade - Selling EURCADTrade Idea: EURCAD Sell
Reasoning: Head and shoulders top? I think (hope) so
Entry Level: 1.3615
Take Profit Level: 1.35350
Stop Loss: 1.3641
Risk/Reward: 3.08:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other
EURCADWe managed to close Below 1.36164, i am expecting retracement to taste prior liquidity level
so what to do is SELL EURCAD @ present market price with 1% RISK ENTRY-1.36101 STOPLOSS = 1.36401, TP= 1.34677
REMEMBER: Be carefull with your risk.
EURCAD 1H PROJECTIONEURCAD has Left The Imbalance Behind , Which Should need to Cover, Also there is A Equal Lows Liquidity Downside , so that's why EURCAD is Looking to Move To the Downside
EUR/CADVery simple ... Very clear
An uptrend in the new step will begin soon.
Two factors related to the imminent increase in interest rates by the European Central Bank and the correction of oil prices, can also help start this upward step.
This is my personal opinion. Please do not trade based on my analysis and data.
EURCAD and CADCHF 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.
DeGRAM | EURCAD channel EURCAD hit a resistance level, like a wall.
And it's channeling now with price divergence.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR/CAD 270 Pips from last analysis new entry added watch the price at 1.36400 to confirmation with engulfing candle or refusal, to continue buying to 1.37550
EUR/CAD Longing for a peakLooking to enter the second swing to make the peak and take profit before the potential top peak. NFA
EURCAD Accumulation for long #EURCAD, eurcad weekly accumulation for medium to longer long. Initial target 1.3890 next target 1.4080 that will take time.
Cloud Worries!Reversal pattern in reverse head and shoulders. If price can overcome the cloud resistance we It can go all the way to 1.4000.
Eurcad for 100 pipsExpecting a bearish flag for EuRcad into 1.33990.
NB: there’s a rise of oil prices too….Canadian dollar will keep on rising till the end of the economic crisis which is about to start
EURCAD is bouncing up from the support level!EURCAD is bouncing up from the support level.
Looking back at history we see that 1.339 level is a very significant one as buyers defended this zone several times in the past. Yesterday price bottomed at this level once again. We are not sure how strong this level is to hold price from falling, but taking a closer look at the level we see that the pair printed dojis or spinning bottom candles which suggest weaknesses on the sellers side. Strong bullish candles are seen on lower timeframe suggesting that buyers may be kicking in. I would like to see price crossing above the falling trendline to have some conviction to go long on this pair with short term targets at 1.34980 and 1.35648.
If you enjoy reading my ideas please be kind to leave a like.
Trade smart!
DeGRAM | EURCAD price angulationEURCAD tested a major support level and pulled back to the resistance area.
Since bears are still intact, we look for a selling opportunity.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR/CAD looking Good hi guys its Kamy, Eurcad after breaking the descending channel with good green candlesticks and giving a Descending flag and breaking this one too, i can see a good confirmation to have a good long position,
Only Buy Positions Now.
EURCAD 45 MIN SELLEURCAD is in A Bearish Trend. So in A Bearish Trend Always Looks For A sell opportunity. We are seeing An ORDER BLOCK AREA Which we had Marked their this is Possible Area from where the Market Could Reverse Again to the Downside
EURCAD LONGDowntrend breakdown and Supdem support -
If you like my analysis and think that successful support that by liking and commenting. don't forget to express your different opinions OANDA:EURCAD
EURCAD Triple bottom formation??#eurcad, until hold support 1.3400 may expect forming triple bottom, 1.3560 need to break for confirmation.
Jamie Gun2Head - Buying EURCADTrade Idea: Buy EURCAD
Reasoning: HIGHLY SPECULATIVE - scalping longer term support
Entry Level: 1.3401
Take Profit Level: 1.3521
Stop Loss: 1.3377
Risk/Reward: 5:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Eurcad textbook setup long?Eucad has approached an important resistance on the 4H which it has respected 2 times.
A descending triangle approaches the key level, an impulsive breakout of the traingle and a minor resistance shld confirm longs.
EUR/CAD LONG SETUPwait to broke a falling trend line at 1.34630 we wait a retest and take a buy postion ,The scenario differs in case closing a 4h candle below 1.33700 It will break the triple support
EURCAD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 1.340 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURCAD is in Downtrend and It is Expected to Continue Downtrend.
