Share your idea in the comment section about this pair and let's debate
Happy New Year, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the EUR/CAD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are...
EUR/CAD is forming higher highs and higher lows on the daily timeframe now. Buy at current price i.e. 1.44129.
TP 1: Top of the trendline
Tp 2: 1.45559
Stoploss: 4h closing below ema21
after the full multi-timeframe analysis, we decided to buy
but at first, we should wait for clear price action on smaller timeframes.
like and follow :))
Buy: EUR / CAD
SL @ 1.43180
TP @ 1.45190
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
EURCAD has established an upward channel and is now almost at the bottom of that channel.
RSI is oversold at 28.9 on the 4Hour, has hit 28 before bouncing back above on the 2Hour and bottomed at 31.8 before bouncing on the 6Hour.
Directly below the price we see the lower boundary of the upward channel and a previous good Demand Zone.
Price may continue down to...
eurcad is sitting on a strong support! if we look back it failed to break this area! from here i think it will shoot up! disclaimer Trade wisely! its just an idea
Welcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
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We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Hello My Friend :)
EURCAD is in a range again on the HOURLY TIME FRAME, and although the price movement isn't as "clean" like how I prefer it to be, I would still take it. It might not be an A+ setup, but it can pass off as a B, and if B setups print money too, why sit on it?
Depending on how price moves after it triggers the Limit Order, we might look forward...
For EURCAD we see a strong breakout of the previous resistance and now it has become a support for a long position of this pair. There is also the EMA 33 cross over the EMA 200 at 30 min that we also use as an indicator to support this long position. There is also the support of the 0.382 Fibonacci level which the pair respected and indicates a possible long...
+OB with FVG lying and liquidities lying above
RRR at least 1:20
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Hello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
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...
MN TF: reacting from Demand (longs)
W1 TF: reacting from Demand but reaching W1 & MN Supply zone
D1 TF:
D1 Demand zone to buy from if price retraces before continuing uptrend to opposite zone
H4 TF:
H1 TF:
2 buy zones identified
Technically we can see the bounce back from 1.42560, we had spike bullish candle follow of that beside we break a strong resistance on 1.44690 and now I am expecting a pullback from here and in accordance with incoming volume we can expecting continuing uptrend.
Don't forget the money management.
comments your ideas below thank you(:
