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🟢 Forex Pair :
EUR/CAD
⚪ Technical Analysis :
In the weekly time frame, since August 2012, the price has been following a really strong...
Hello, This is my analysis for EURCAD at TF 1H.
Reason Sell : Hit Resistance
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Plan: wait for the price to bounce off from trendline or 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.
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Hello Traders, here is the full analysis for this pair
Watch strong price action at the current levels for Buy. GOOD LUCK! Great SELL opportunity in EURCAD ..
I still did my best and this is the most likely count for me at the moment.
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/CAD
⚪ Technical Analysis :
In the weekly perspective, since March 2020, the price has been moving creating a nice...
Hello Fellow Traders, Here is a Full Updated Analysis on EURCAD
Conditions -
1. Wait for confirmation(Wait For Price Action Confirmation / Break of structure )
2 .Use Risk Management (Risk 1% of your capital)
3. Do your Own analysis!
4. Entry on The 4H Timeframe!
5. Show some support Below!
Let Me know if you have any Questions or Comments Below
Happy Trading &...
EURCAD has arrived to a support zone at 1.535, and formed the hammer pattern on the daily chart on the last day of the week. Here the price can break this support and fall to the next support around 1.5, or the price will turn around and continue the sideway moves between 1.535 and 1.575
👋 Hello and welcome traders to another trade
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In this analysis, we see that EUR/CAD it's continue down toward the $1.51 CAD. So, at the moment, we can see a good opportunit of over 200 pips.. We see how the EUR/CAD it's make a drop to continue downtrend.
In the H8 timeframe, the trend it's so clearly to continue sell EUR/CAD, Also, there's an interesting key point...
Euro/Canadian Dollar it's continue downtrend and we see that we can to get a big opportunity to trade this par. As we break down this simetric triangle of distribution, EUR/CAD it's going to down and we hope that going to end the formation of this ascendent triangle that we formed in monthly timeframe.
Another possibility...
Today's candle shown us a weak BULLISH movement with no clear rejection at 1.5320 support level. As of now, it seems likely a breakout rather than a fakeout. We can see that today's candle is retesting the broken support level @1.5320 which is now the resistance level. I am expecting BNEARISH movement to continue for this pair bring price towards the demand zone...
We chose to sell hard this pair because the price is hardly failing to maintain an upward move every moment it tries to do so. We target a 5R on this pair.
