$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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-Vik
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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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EURCAD
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.
EURCAD - Long active ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: As I said in my previous analysis we are bullish and I look for long from discount zone if price rejects from bullish order block. I opened a long position and my target is the imbalances higher.
Fundamental analysis: Next week we have news on CAD, on Tuesday will be released CPI, pay attention to the result in order to validate the anaylsis.
Like, comment and subscribe to be in touch with my content!
EUR-CAD Will Fall! Sell!
Hello,Traders!
EUR-CAD broke the rising
Support then went up
To retest the line which
Is now a resistance and
We are already seeing
A bearish pullback
So I think that the pair
Will go down to retest
The target of 1.4635 below
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
EURCAD - 4hrs ( Buy Trade Target Range 200 : 320 PIP ) 💲Pair Name : EUR/CAD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↗️ Long )
Type : Mid Term Swing
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🔰Bullish Reversal
1.47200 Area
Reasons
- Major Turn level / W
- Visible Range Hvn / Lvn
- Pattern Lower Band
- Fixed Range Poc Area
- Week low / Year High Area
🔰Bearish Reversal
1.50500 Area
Reasons
- Major Turn level / M
- Pattern Upper Band
- Month High + Quarter High Area
- Fibo Goldne
EURCAD - 4hrs ( Buy Trade After Retest 1.46700 area ) 💲Pair Name : EUR/CAD
🗨Time Frame : 4hrs Line Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↗️ Long After Retest )
Type : Mid Term Swing
———————————
🔰Bullish Retest
1.46700 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Price Action Pattern
- Golden Zone
- Fixed Range Lvn
🔰Bearish Reversal
1.50000 Area
Reasons
- Missing Retest Area
- Bearish Turn level / M
- Pattern Full Target
- Month High Area
EURCAD 1.47143 -0.06 % SHORT IDEA 🐻📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/CAD INTO THE LONDON SESSION
1. ASIAS BSL TAKEN.
2. LOOKING FOR A PUSH INTO THE -OB / FVG.
3. Looking at momentum heading into the PD arrays.
4. Looking at that unfilled FVG as a possible entry with the bears.
5. TARGET would be the the SSL & THE DAILY +OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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LOVELY TRADING WEEK TO YOU!