Euro / Canadian Dollar EURCAD

Currency Pair: EUR.CAD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short EUR.CAD updates will be available in the comments section below. The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

After a good retracement the cross may start to move long again The daily market pressure continue to mantain a positive bias. This analysis is based on market pressure. To know more about market pressure and receive a free daily hints for all crosses visit my twitter profile. You can find the link in my tradingview profile at ...

Another Sell opportunity is occurred as identifying an Elliot`s 4th wave is ending. We can short here putting SL above 50.0 fibo level. Stoch also confirms overbought and turning down

not a trade call

Expect ECAD to drop to at least the wedge level before deciding where to go from there. Stop Loss set @ 1.57637. Let's see how this trade progresses. Happy trading people :) Stellar KK stellarxtrading.

Equal length to wave 1 would take it exactly to next major support/resistance from where it began to drop.

Hey mates, Eur/Cad is heading towards the lower trend line of up channel on Daily, price took a breath for now and making a good sell opportunity on the break down of the trend line till the pair reaches at the channel's bottom where a good buying opportunity waiting for us. Lets see how it goes...

Nothing is guaranteed in trading but this looks like a worth while risk. I don't often give trade set ups but this one was too good to miss. Naturally it can go up from here so trade it at your own risk - good luck Steve If you find this interesting please give me a like. Why not have a look at my site logicfxtrading. I'll update my ideas as they develop ...

SHORT IDEA

DAY 2 DOWNTREND CYCLE - Expecting a false move up followed by the drop averaging about 100 PIPs down on the day

EURCAD Buy Idea @Monthly Demand Zone (1.48257 - 1.52898) Buy Limit: 1.52963 Stop Loss: 1.49851 Take Profit: 1.56835

After reaching bearish trendline resistance, could we see another drop for EURCAD? Trade: Sell EURCAD 1.57 TP1 1.56 TP2 1.5490 SL 1.5810

We see that the market was falling and then the reverse pattern showed up, a double bottom, now the bulls are winning this battle......!!!!

EURCAD is about to breakout of an Inverted Head and Shoulders pattern. Cheers!

Price currently forming a Hammer candle at the POC from 3 days worth of data in a High Volume Accumulation region. Looking for longs

EURCAD next month movement prediction

Reason to trade: Resistance stops price Stop Loss: Setup will be active as long as current resistance stops the price (~1.56849) Take Profit: Possible take profit area are last lows (~1.55900; ~1.55447)

Reason to trade: Support stops price + pinbar + channel border Stop Loss: Setup will be active as long as current support stops the price (~1.55870) Take Profit: Possible take profit area are last highs (~1.56746; ~1.57404)