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!
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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EURCAD ____ INCOMING BULLISH RALLYHello Traders,
I am here again to update you on my view of EURCAD. I have also done my best to mark the chart so you can train your eyes to see certain things in the market.
This pair is currently trading inside a weekly demand zone. 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.
My expectation was for it to sweep the sell-side liquidity as speculated in my previous analysis of this pair (I will insert it for reference). It has occurred as speculated.
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.
Kindly give me a like and follow for more content like this.
See previous analysis on EURCAD
Cheers,
David
EURCAD Is Breaking The TrendlineWe covered EURCAD per request in our latest webinar here on trading view and mentioned that pair can be looking for a top after five waves up on a daily. So far, we can see nice reversal down on 4h as well, with five waves, with a current drop below the trendline support. As such, we think that more weakness can be seen within the current downtrend, especially after wave B rally.
GH
GBPCAD I Potential long channel support
Welcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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$EURCAD Can Rise Now #EURCADTraders, EURCAD has been falling nicely and gave us a very good short trade. Now it has completed an M pattern in a medium time frame. When the M pattern completes the market goes up. So we can expect this market to rise up any time.
Beware that this can still form an extended M pattern as we have a trend lines cross. So trade what you see and only with a confirmation.
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📌 DISCLAIMER
The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
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EUR/CAD On The Rise! BUY!
My dear subscribers ,
Please, find my technical outlook for EUR/CAD below:
The market is trading on 1.46010 pivot level.
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.47021
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
EURCAD ____ INCOMING BULLISH EXPANSIONHello Traders,
I am here again to give you my take on EURCAD. I have also done my best to mark the chart so you can train you eyes to sell certain things in the market.
This pair is currently trading inside a weekly demand zone. Not only that it created relative equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1hour timeframe.
As you can see on my chart, I am expecting it to take the sell-side liquidity first which will give it the momentum it needs to make the bullish expansion.
I'm also expecting a bullish expansion on EURGBP, I will insert my analysis on the pair below.
Take a look at my profile and see other reviews that I''m sure will be of interest to you. And if you like what you see, kindly give me a like or follow.
See the EURGBP analysis below.
Cheers,
David
EURCAD - fading out?OK, dont hate me for trading this. Its my guilty pleasure. We just click & SHE RUNS
I am also Canadian - that can be my excuse.
Looking to hit up from the lower 1.46xx area & hedge into a short swing - too early to tell exactly where but somewhere above 1.0485
On the grand scale we are at a point of potential trend change - If things line up, this could be a good runner for the shorts.