EURCAD 1.47143 -0.06 % SHORT IDEA 🐻📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/CAD INTO THE LONDON SESSION
1. ASIAS BSL TAKEN.
2. LOOKING FOR A PUSH INTO THE -OB / FVG.
3. Looking at momentum heading into the PD arrays.
4. Looking at that unfilled FVG as a possible entry with the bears.
5. TARGET would be the the SSL & THE DAILY +OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Eurcadshort
EUR/CAD - Bearish Divergence
Overview
FX:EURCAD was in a bullish trend, however price formed bearish divergence and hence there was possibility of a bearish trend formation!
Analysis & Plan
Bullish trend of FX:EURCAD was showing weakness due to bearish divergence. Our plan was to observer the market and expect a bearish trend formation. Our entry was on break of the last two HL which gave us a good indication of a bearish trend formation and continuation!
Eur/Cad Sell IdeaEur/Cad has printed a double top on the daily time frame!
This is exactly what we wanted to see!!! It has retested resistance on the daily chart!
This is a sell idea because we have a double top reversal pattern on the daily time frame!
This is a swing trade idea and I will have 3 trades open with 3 take profit areas!
EUR/CAD Made A Good Bearish P.A , Short Setup Available ! 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 from discount zone ✅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 from discount zone. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.48000.
Fundamental analysis: Next week we have news on EUR, will be released Interest Rate which is expected to increase, followed by ECB Press Conference. Increased interest rate means strength in currency which could support our analysis.
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EURCAD CHART MONDAY 24 APRIL 2023EURCAD CHART ANALYSIS POSTED ON MONDAY!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Thanks in advance for checking my trade idea.
EURCAD Short Daily ChartReasons for selling:
Trendline breakout
Risings wedge breakout
Key level breakout
Change from bullish to bearish market structure.
The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities
inline with the bearish higher time frame trend.
EUR/CAD Short setupHere is a potential short setting up. I think it will be a while until price gets there if it choses to push up. It looks very similar to GBP/JPY but a few days ahead. I'll break down the similarities in the future. There were levels that were hit and price barely missed this last level before turning down. This level is still in play and I will be paying close attention in the coming days. FX:EURCAD
EURCAD - Sell idea for a RRR of 13:1Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
FX:EURCAD is following structure to my liking, seeing a great opportunity for selling this all the way down.
Risking 1% for 13%, I always take amount invested as partial and let rest run.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 from bullish order block ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: We are here in bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.46000, as well 0.786 level of FIBO which is discount zone.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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SELL Trade Triggered In We Go.....Quick update on this idea posted a couple of days ago as expected we got the move up to create the new high into the Weekly SELL/DEMAND inside the Monthly area above 1.48 and into the 1.49.
As wrote in the last post that I would be looking for a 12hour or Daily signal on my TRFX king to enter the market which has just given the signal so in we go :)
I will keep you updated on the progress of this position Enjoy!
eurcad sellFX:EURCAD
The first trade idea for eurcad didn't pan out as expected, price ended up trickling up to test resistance at 1.47829.
New trade idea, I'm looking to sell only if price fall below 1.47400 and then a 15 min consolidation or if price creates a 3-touch channel as I indicated on the chart, then I can confidently look for a short position