EURCAD Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
Until the two strong resistance zones hold my short term view remains bearish here.
Eurcad!
eurnzd h2 long/short +200/+400 pips swing trade plan🔸Hello traders, let's review the 2hour chart for EURNZD today.
Rangebound trading condition recently, currently expecting a re-test
of the mirror S/R resistance overhead and then sellers will take over
from the resistance.
🔸Key levels for EURNZD traders: 7860 s/r bulls, 8050/60 s/r bears,
7659 mirror s/r bulls level will get re-tested by the bears for liquidity.
🔸Recommended strategy for EURNZD traders: the sequence
is long/short so you want to buy low off the s/r bulls at 7860 SL 40
TP +200 pips, this is the bounce play / re-test of the mirror s/r bears
at 8050 then flip short at/near 8050+-10 pips SL 50 pips TP1 +200
TP2 +400 pips final exit bears at mirror s/r at 7650. this is a swing
trade setup, patience required. good luck traders!
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EURCAD next possible moveWe are waiting for our asset to reach our action zone, and based on the reaction, we’ll decide on our next moves.ALWAYS WAIT FOR A CONFIRMATION TO SEE IF THE PRICE VALIDATES THE ZONE.
EURCAD - Potential short !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from bearish OB + level 1.49000.
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EUR-CAD Potential Short! Sell!
Hello,Traders!
EUR-CAD keeps growing
In a bullish correction but
The pair will soon hit a
Horizontal resistance
Of 1.4890 from where
A local bearish correction
Is to be expected
Sell!
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EUR_CAD RESISTANCE AHEAD|SHORT|
✅EUR_CAD will be retesting a resistance level around 1.4900 soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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EURCAD GONE !The EUR/CAD currency pair has recently shown an upward trend driven by divergent monetary policies, with the European Central Bank maintaining a hawkish stance while the Bank of Canada adopts a more cautious approach, increasing euro demand. Declines in oil prices have weakened the Canadian dollar, given Canada's reliance on oil exports. Technical indicators reveal breaches of key resistance levels, signaling sustained bullish momentum. Traders should monitor economic data, oil price trends, and central bank communications closely to adjust their strategies accordingly.
Heading into pullback resistance?EUR/CAD is rising towards the pivot and could reverse to the 1st support.
Pivot: 1.48819
1st Support: 1.47444
1st Resistance: 1.49827
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EUR/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are now examining the EUR/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.472 level.
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EURUCAD TODAYEURUCAD TODAY for me is bearish.
Structure is for sell
I expect 1:1 target
More on telegram
EURCAD Will Explode! BUY!
My dear subscribers,
My technical analysis for EURCAD is below:
The price is coiling around a solid key level - 1.4798
Bias -Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.4912
My Stop Loss - 1.4731
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURCAD: Bears Will Push
The recent price action on the EURCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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EURCAD: Strong Bearish Pressure 🇪🇺🇨🇦
While USDCAD looks strongly bullish,
bears keep pushing EURCAD lower.
The price broke and closed below both a key daily horizontal support and a falling trend line - a vertical support.
It opens a potential for a bearish continuation lower at least to 1.479
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EURCAD - 4hrs ( Sell Trade Target Range 240 PIP ) 🟢 Pair Name :EUR/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Short )
———————————
Bearish Break
1.48750 Area
Reasons
- Major Turn level / D
- visible range hvn
- Fixed Range Hvn
- P m + w low
- Choch Zone
Bullish Reversal
1.46500 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Pattern Target
- Quarter low
- Fibo Golden
BUY ORDER - EURCAD BUY ORDER FROM 1.4930
SL - 1.49000
TP -1.50800
TRADE AT YOUR OWN RISK - NOT FINANCIAL ADVICE
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EUR-CAD Support Ahead! Buy!
Hello,Traders!
EUR-CAD is falling down
To retest the horizontal
Support of 1.4860 and
Despite our swing bearish
Bias we will be expecting a
Local bullish rebound
Buy!
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EURCAD Range Buy Opportunity!EUR/CAD is currently at a key support level within a consolidation range. The pair has been bouncing between support and resistance, offering multiple trade opportunities. With price holding steady at the lower boundary, this could be a great chance to buy, targeting the top of the range. Keep a stop-loss just below support to limit risk in case of a breakout.
EUR_CAD WILL GROW|LONG|
✅EUR_CAD fell again to retest the support of 1.4860
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up 1.4960
LONG🚀
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EURCAD Will Move Higher! Buy!
Here is our detailed technical review for EURCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.497.
Considering the today's price action, probabilities will be high to see a movement to 1.503.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURCAD is in a Bullish PatternHello Traders
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EURCAD next possible moveWe are waiting for our asset to reach our action zone, and based on the reaction, we’ll decide on our next moves.ALWAYS WAIT FOR A CONFIRMATION TO SEE IF THE PRICE VALIDATES THE ZONE.
EURCAD | 06.11.2024BUY 1.49500 | STOP 1.49000 | TAKE 1.50000 | Local correction from massive down moving.
EURCAD The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the EURCAD next move:
The instrument tests an important psychological level 1.5115
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.5050
My Stop Loss - 1.5151
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
