Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/CAD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
#EURCAD Hello trader, I hope are good and safe. Today I opened the chart of #EURCAD for 15 Min and analyzed it then I see that this chart has made a DESCENDING TRIANGLE , So I hope #EURCAD will go downside,
Now Nice opportunity for short.
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IF YOU WANT TO PERFECT SELL ENTRY.THEN YOU CAN
USE SELL STOP @1.42276
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Traders, if you like this...
Buyers have been led to slaughter in this breakout trap! We are so close to the weekly low a breakaway from here seems unlikely.
Price is likely to collapse from here and tackle all the stop losses from people who got caught in the breakout buys trap today.
Once stops have been hunted and liquidity has been created we can swoop in with buys as illustrated.
Hello 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.
We consider selling this EURCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
What we see on EURCAD is quite clear and nice, price bouncing between two trendlines,
And for now we are in really strong area which you can see as gray rectangle
❗️ 1st lets wait for price to close above our support then set this order ❗️
2nd: set our 1:5 order and fly with the price
⚠️Take Max 1% of your capital on this trade⚠️
we consider to sell EURCAD pair because the price has reached a strong resistance level above. Our entry and exits are as indicated on the chart. We know what we are doing and we do what the market is doing. Invest wisely.
eurcad sell :
1)my ema lines confirmation(dont ask guys its secret)
2)nice pattern trend
3)naked candles will be appearing
but wait for more confirmations until we update here
take profit : green line
stop loss : red line
EURCAD Is Another Pair Setting Up For A Nice Move... Looking For Sell SetUps With This Pair In The Coming Days Might Just Prove Profitable. Move/Trend Up Is Currently Losing Momentum & I Am Expecting The Market To Respect This Levels. Ideal Trade Indicated on Chart With SL & TP INidcated. However You Can Alternatively Look For Your Sell Set Ups.