Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CAD Sell. Enjoy the day all. I forgot to draw the red horizontal line for the new Sell trade...
H1 chart is indicating the potential for EurCad to test belo 1.3 again. Ichimoku is indicating besrish pressure. For this trade I would stop a bit ABOVE SMA 50. The potential take profit area is around 1.2960-1.2910.
Trade well and wisely…
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.
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.
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURCAD
We can see a market break its strong support in...
Hello traders!
⁉️This is my analysis on EURCAD .
Here we are in a range for couple of weeks, I expect price to continue down move and then to reject from support zone + institutional big figure 1.30000.
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EURCAD swiftly reacted to the strong bearish wick and pushed down to a short term support level. I expect price to have a small bounce here so I took partial profits and moved my stop to breakeven in case a bigger reversal happens.
EURCAD has continuously failed to breach a strong resistance level and has recently broken and retested an uptrend line with a large bearish wick. I expect price to fall to the 1.3 support area before any reversal occurs. Remember to use proper risk management.
EUR/CAD - Ongoing Short Break
> Bullish Trendchannel broken to the downside
> last higher low invalidated
> POC above current price
> Small bearish trendchannel established
EUR/CAD is the mirror image of CAD/CHF (which in turn looks long).
The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
Hi Traders,
EURCAD has been moving within a massive descending channel for almost a year now, looks to be setting up for the next bearish run expecting to break previous lows. Best level to buy around 2780 for target range at 3400 (600 PIPS).
Trade Safe
Thanks.
After breaking my trend line completely, I’m expecting a 50 pip move downside for ECAD.
N : oil prices are rising and rising Oil prices positively affects CAD
Hello traders!
⁉️This is my analysis on EURCAD .
Here we can see how the price broke the structure with a strong bullish momentum. Now we are in accumulation phase, so I have 2 scenarios, first one the price will go to manipulate sell side liquidity and then to distribute higher and second one price breaks out the range, re-test it and then higher.
Like,...
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURCAD
We can see market is stuck in range and testing its...
