Eurcadanalysis
DeGRAM | EURCAD consolidation marketEURCAD broke and closed below the ascending channel.
The market is consolidating. It created a bullish harmonic pattern.
We expect a bullish move, a retest of the resistance, and a further move up.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD Daily Short | Technical Analysis TradingEURCAD daily short
Shortstop @ 1.45639
TP #1 @ 1.44627 66.67% wr
TP #2 @ 1.43041 39.22% wr
SL @ swing high 1.51122 17.65% hr
All trades on this pair, and on this timeframe are produced by an algorithm. Winrate is based on Winnings trades on this pair, on this timeframe, from this algorithm.
Find more trades like this on my profile for consistent wins.
EURCADHello everyone,
My ideas are base on my understanding only on charts with volume.
If you like my ideas and analysis you can comment it.
To all my followers i dont recommend trade in every post I made here.
Just pick 1 of your choice.
Focus only on 1 pair. you cant make more moneeee if you trade all of this ideas.
I know all of you here in tradingview know the basic strategy and fundamentals of charting and volume.
lets escape the box. pick one then grind that pair you like.
Reminder NO FOMO, NO GREEDY.
if youre goal on trading is longterm then trade longterm, Scalping is too squishy specially if you have other things to do.
Longterm traders or weekly traders are doing great. as I observed and base on my own trading experience.
Yes before I usually do the daily and intraday trades, and most of it are loss.
Now I learn my mistakes .
Longterm or the weekly trades might be a High stoploss or high risk stops because of the timeframe.
but I can assure the benefits of it, its totally not the same on scalping or intraday trades.
I hope you all have a great weekend ahead.
Crypto is still open..
Ciao..
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 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
DeGRAM | EURCAD consolidation marketEURCAD is moving sideways following the bullish momentum; it created a consolidation zone.
The market is creating AB=CD. The price broke and closed above the descending channel.
We expect a breakout of the consolidation zone.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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 - Bearish Divergence
Overview
FX:EURCAD was in a bullish trend, however price formed bearish divergence and hence there was possibility of a bearish trend formation!
Analysis & Plan
Bullish trend of FX:EURCAD was showing weakness due to bearish divergence. Our plan was to observer the market and expect a bearish trend formation. Our entry was on break of the last two HL which gave us a good indication of a bearish trend formation and continuation!
DeGRAM | EURCAD bearish move EURCAD pulled back from the resistance by creating divergence.
Bulls could not push the price higher. The market reached the daily resistance level.
On the left, we can see a sell-off from this level, and most likely, the price will go further down.
We expect a bearish move or consolidation.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.48000.
Fundamental analysis: Next week we have news on EUR, will be released Interest Rate which is expected to increase, followed by ECB Press Conference. Increased interest rate means strength in currency which could support our analysis.
Like, comment and subscribe to be in touch with my content!