Eurcadanalysis
Swing longAs we all know price as been on a overall down trend and price is getting to my key zone where I be watching actively how price is going to react at my key zone am expecting a trend change to the upside soon either next week. This is going to be a swing trade for me and a good risk reward trade cheers traders. Hit the like button 🥂
EURCAD SELL/SHORT till 1.41635Technical Analysis
1. Clear Ascending Triangle has been formed
2. Failed Head & Shoulder (Expect the built momentum above the shoulder at 80% of the Head Size)
3. Huge Bearish Candle Stick (Without forming a candlewick at the bottom also at the top provides us indicators that there'll be a continuation of this momentum)
4. Fibbonacci retracement expected to hit Key Level which is also on 0.618 (Golden Zone)
5. Fibbonacci Expansion simulates the potential growth and limit of the rise of expansion to 1.618 which is also near the point of failed Head & Shoulders take profit level
Take note that the market is also sitting on the trendline of an ascending triangle. So if a candlewick starts forming we could see a possible rise
Expecting the market to form something of a Hammer, Pin or Dragonfly doji to form similar to what I've arrowed and circled
Bearish on EURCADClean bearish channel forming.
Price was able to break previous support level, wait to sell on the retest.
EUR/CAD Running In 60 Pips And New Entry Avialbe 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
EUR/CAD At Very Important Area Now , It Will Break 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 – New Week Analysis – 29-Mar-21
📈 BUY ZONE – 1.47953 to 1.47453
🔷 Take Profit 1 - 1.48153 (20 Pips)
🔷 Take Profit 2 - 1.48453 (50 Pips)
🔷 Take Profit 3 - 1.48953 (100 Pips)
⛔ Exit / SL - 1.46953
Breakout setting up EURCAD The pair is in a downtrend and an opportunity to join is likely to present itself this week (starting 29 Mar, 2021).
My chart shows what I am seeing, just pure price action supported by 20 EMA.
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As always, please use sound money and risk management in all your trades.
EURCAD: short opportunity on h4Hi Traders,
This is my view on this cross for the next few days.
#EURCAD
SELL 1.48550
SL 1.4904
TP 1.473
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
Eur /CAD Eurcad has touch my 4 hr trendline as well as touch the resistance level it has also created a new low for the daily
I think we should be going up from this point
Also due the the fact that the weekly is on and up trend and we are nearing the end of the week
EUR/CAD Technical Analysis.Hello traders, EUR/CAD is trading at 1.4850. The Pair is trading in ascending resistance and support wedges from some time and the price just touched support level. As the price has touched support level it will give a small pull back and then it can come down to break the support level. If the price breaks the support level then its target price will be at 1.4721.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
EURCAD ANALYSISwait for breakout !
EURCAD ANALYSIS
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Idea is not the financial advice!
Possible buy setup for EURCADTo support my previous EURCAD setup post, this is the 1hr chart. Price has broken resistance (now new support) and retested that level. I think this pair will be good for a buy during London session.
EUR/CAD New Trade 1:5 R:RThis 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 Buy SignalHey traders, here is the analysis for the EURCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
EURCAD buyEURCAD is forming a falling Expanding triangle. It is buying from the support zone towards the Resistance zone 1 and it will potentially reach the Resistance Zone 2 and the Trendline.
EURCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
EURCAD short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
