EURCAD Update! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
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EUR-CAD
Harmonic With Consolidation Means A Bullish Setup Happening?Beautiful trade setup happening here.
We got a harmonic.
We got a multi-day consolidation.
And we're on a daily key level.
This is gonna be AMAZING!!
Looking forward to collecting pips from this pair.
BULL TPS:
• 1.53709
• 1.54582
• 1.54626
• 1.56354
BEAR TPS:
• 1.52140
• 1.50998
• 1.49809
EURCAD next move - next entry point
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 EURCAD technicaly based idea, this pair technicaly on higher TFs is still to exepct bearish continuation. Expecting to see push till above trend line and revers from her, expecting there next good point for next sell entry.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
PERFECT SELL ON EURCAD (with TP and SL)Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair started going down after hitting the resistance zone. Also it did not break the Trendline Resistance line.
TP-1.50165 and SL- 1.53477
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Ryan.R.Lopes.
Eurcad, waiting for bullish rejectionCurrently developing falling wedge pattern. It is expected a rejection at the mark area (Fib 61.8) . Upon rejection, will enter a buy position towards the mark resistance level. With previous bullish momentum, it is expected to break the resistance level towards fib extension.
EURCAD technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 EURCAD technicaly based idea, technicaly indicators showing we can expect higher push down in price, we can see strong bearish candels formation, technicaly picture good, expecting to see push down in price till FIBO 0.6
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
EURCAD envie d'un rebond?Comme nous pouvons le voir la zone des 0.5500 joue comme rebond pour cette paire.
je vois une hausse potentielle jusqu'aux 0.55100 mais premièrement venir chercher la trendline blanche.
attention si il retourne sur le niveau support car nous n’avons pas finis d'avaler ce gap haussier.
EUR/CAD A Great Scalp Opportunity Directly After Market OpenThe price of EUR/CAD follows this fib retracement nicely. We see that the zones of .786, .618, .5 are incredibly strong supports, but even the .382 and the .236 zones seem to play a role here.
For scalping the price today, I suggest trading near these areas and expect support or resistance on the fib levels.
It is important to note that there are two more levels that are important, shown by the black horizontal lines. These mark support and resistance based on earlier price action.
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My previous idea on EUR/CAD:
Can Remain Bullish If CAD Stays StrongBoth this pair and GBPAD will be bearish as long as the Canadian dollar continues to show strength. Here are the TPs for both. My aim is for it to be bearish. But you I move where the market moves.
BEAR TPS:
• 1.52947
• 1.52680
• 1.50998
• 1.49798
BULL TPS:
• 1.53960
• 1.54582
• 1.55656
• 1.56602
EURCAD Bullish Confluence on RSI Bullish Divergence and SupportThere are multiple interesting things going on here on EURCAD from a techncial analysis perspective.
The price has hit this horizontal support zone three times earlier already, and all times resulted in a bullish continuation.
Furthermore, a Bullish RSI Divergence has formed, indicating a bullish continuation of the price.
Now that we achieved confluence through an RSI Bullish Divergence, and a fourth hit of this support zone, I will suggest a LONG position.
The price has immediately confirmed both the support zone and the RSI Divergence by printing a nice green candle on the 1h.
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- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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EURCAD Big Short Side Trade.EURCAD Is forming a diamond pattern at top which indicate trend might reverse on downside once the price breakout from pattern in visible one can trade short side trade on EURCAD for possible target zone as in chart.
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