EURCAD LONGPrice just took support from this year's AVWAP and pushed back up.
PD buyers pushed price up.
Sentiment line in perfect buy zone.
entry if and when price clears current POC zone and opens above it with good MACD.
1:1
note - not tagged in the position yet.
will add note once in the position.
Eurcad!
AUDCAD I Watch for this 🎯Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
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EURCAD: My Plan to Sell 🇪🇺🇨🇦
EURCAD is trading on a key horizontal resistance.
To short the pair with a confirmation, watch a descending triangle formation on 1H time frame.
If the price breaks its neckline, that will give us a trigger to short.
To confirm the violation, we will need an hourly candle close below 1.4607.
A bearish continuation will be expected to 1.4579 / 1.4555
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EURCAD Buy TF H4. TP = 1.4701On the 4-hour chart, the trend started on May 18 (linear regression channel).
There is a high probability of profit. A possible take profit level is 1.4701
But do not forget about the SL = 1.4511
Using a trailing stop is also a good idea!
Good luck!
Regards, WeBelieveInTrading
EURCAD I It will land at support Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
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EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.458.
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EURCAD ____ INCOMING BULLISH RALLYHello Traders,
I am here again to update you on my view of EURCAD.
This pair is currently trading inside a weekly demand zone (yellow box). Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour timeframe which it has swept. It has also cleared the low of last month's candle close.
Now we have to watch and wait for the exhaustion of the price before we start looking to buy.
I can't say how deep the price will go into the weekly demand zone but I sure expect the BULLS to step in soon.
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Cheers,
David
EURCAD I Pullback and more downside Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
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EURCAD H4 | Falling to overlap supportEURCAD is falling towards a key overlap support and potentially reverse from this level. Price could hit our buy entry at 1.45853 and bounce up from here. Our stop loss will be at 1.45231 which is an overlap support just beyond the -27.2% Fibonacci expansion. The take profit level will be at 1.46657 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement.
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