EURCAD SELL Position4HR TrendBroken / Under Resistance / Candle close under trendline confirms actual break .
SL and TP positions indicated in chart
Eurcadshort
EURCAD - SHORT SETUP (WATCH VIDEO)ALL INFORMATION IS PROVIDED IN THE VIDEO. TRADE SMARTLY. !!!!!DONT FORGET TO SMASH THE LIKE BUTTON!!!!!
EURCAD foaming bearish pennantsHello Guys Welcome back to another profit week
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURCAD in a bearish pennants, the price is still consolidating more buyers or sellers usually decide to jump in on the strong move, forcing the price to bust out of the pennants formation , I think there will be a buy entry for long , lets watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
EURCAD approaching 1st resistance, potential for a reversal!Price is approaching 1st resistance, which is in line with 38.2%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal pullback resistance. We could potentially see a reversal at this level and further downside towards 1st support, in line with 61.8% Fibonacci extension and horizontal swing low support. Price is also holding below the Ichimoku cloud and descending trendline resistance, showing signs of bearish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCAD SHORT POSITION SELL STOPThis is NOT financial advice . Simply TA for opportunities in the market .
—Break in structure on the 4HR but waiting for candle to close . Looking for a short position once we break minor support on the higher low . Mobile at the moment so SL and TP are on screen.
EURCAD is approaching resistance, potential reversal|10 May 2021Prices are facing bearish pressure from our descending trend line and resistance where we could see a reversal below this level.
EURCAD is approaching resistance, potential reversal|10 May 2021Prices are facing bearish pressure from our descending trend line and resistance where we could see a reversal below this level.
EURCAD Will Continue Its BEARISH Movement!!After seeing a great BEARISH movement, EURCAD managed to make a substantial BULLISH retracement followed by a BEARISH continuation. If we look at today candle, we see a great BULLISH candle which I classify it as a "deception" candle. This candle form as a short term retracement candle for EURCAD and retest the broken level. I will be expecting a BEARISH continuation till the support at 1.4470.
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EURCAD is facing bearish pressure | 7 May 2021Prices are facing bearish pressure from our resistance where we could see a reversal below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well.
POTENTIAL BEARISH CYPHER ON EURCADWAITING FOR TRADE TO TRIGGER AT THE %78.6 LEVEL OF THE X to C LEG. TP1 = %38.2 OF C to D TP2= %78.6 OF C to D (TARGETS WILL MOVE HIGHER IF D PUSHES ABOVE ENTRY STOPLOSS= 1.13% OF A to X STOPLOSS MOVES TO BREAKEVEN ONCE TP1 IS HIT AND HALF THE POSITION IS REMOVED
EUR/CAD New Analysis And 2 Setups Available To Catch 300 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 - BEARISH BIAS=====
MARKET OUTLOOK
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EUR - BEARISH
1️⃣ Eurozone preliminary GDP for Q1 of 2021 show the bloc is still in recession despite a little better than expected data. The bloc entered a double-dip recession in Q1, as COVID-19 lockdowns continued to hammer the services industry.
CAD - BULLISH
1️⃣ Bank of Canada leaning towards a more hawkish message such as CAD. The loonie also was supporting by rallied oil prices.
2️⃣ Canada has started to expand its vaccine distribution, currently vaccinating as many individuals as the United Kingdom and the United States every day. This helps to bolster the Canadian economy positive growth narrative.
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TECHNICAL
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- We're shorting this pair at SBR on M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
EURCAD_ShortEURCAD is currently at a high probability reversal ZONE. We are expecting the pair to move bearish from the current ZONE. This could potentially make a decent return on investment. The trade is supported by a number of technical and fundamental analysis.
Risk vs Reward: 5:1
Good luck!
*Updates to follow!
EUR/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
EUR/CAD: Day-Swingtrade-Preparation
Market-Sell: 1.49560
Stop-Loss: 1.50490
Point of Risk-Reduction: 0.71920
Take-Profit: 1.47350
Stop-Loss: 90 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURCAD: nice intraday short opportunity on 15mHi Traders,
This is my view on this pair for the next few days.
#EURCAD
SELL 1.50195
SL 1.5047
TP 1.4939
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
———————————
Pietro from Trading Kitchen
EUR CAD SHORT ENTRY IM GOING SHORT ON THIS MARKET , DUE :
- RSI DIVERGNCE ON 15 MIN
- BROKEN RESSISTANCE
- 0,61 FIB RETRACEMENT
CONCULSION :
BETTER TO YOU TO FIND SHORT ENTRY BUT KEEP ON MIND THE REVERSAL , DUE THE SOLID TREND & THE H&S PATTERN !
EURCAD is approaching support, potential bounce | 21 Apr 2021Price is approaching our support where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
** EURCAD ** will it be 2 out of 3 Morning traders, happy Wednesday, hope your all having a good week.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Strategy Report
OverviewPerformance SummaryList of TradesExport
2010.40 ¥
2.01 %
Net Profit
2
Total Closed Trades
100 %
Percent Profitable
0 ¥
Max Drawdown
1005.20 ¥
1.01 %
Avg Trade
21
Avg # Bars in Trades
Bearishness in Eur/Cad at the channel topEur/cad is dropping after reaching the top of the channel.
So, expecting a decline to the support line.
This is a good sell opportunity for the short-term traders
EURCAD facing bearish pressure, potential for further downside!Price has just seen a bearish breakout from the ascending trendline support-turned-resistance, and is now holding below the descending trendline resistance. We could potentially see further downside below the 1st resistance, in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal pullback resistance, towards our 1st support, in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. MACD is also holding below the 0 line, in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCADPotentially a good trade brewing, I recommend a wait to see how market will choose to move
Like and follow for more, thanks
EURCAD Bearish Pattern DetectedHere are my Technical Analysis for EURCAD
I expect the price to touch the resistance line and continue its fall down journey, This price predication will be terminated if it breaks resistance line.
