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Eurcadanalysis

Filling the inefficiencyAfter the one directional bearish move price tapped into the internal liquidity pool, pushed upwards in a corrective manner followed by a huge bullish candlestick to violate the order block. Price was slightly rejected then shortly pushed up to collect the liquidity there, then dropped to fill up the inefficiency. After filling the imbalance, the market pushed up to the supply zone, now we the price being reluctant to go bearish, so the instant expectation is for price to push up and activate this internal liquidity pool before dropping to the demand zone…
by tokelohomi
EURCAD - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: We are here in bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.46000, as well 0.786 level of FIBO which is discount zone. Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
EURCAD Trading Plan - 30/Mar/2023Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
Getting Ready To SELL On Approach To This Level....This pair has just popped a new HIGH on the Monthly charts and took out a previous MONTHLY SUPPLY SELL zone and looks like it has it's sights set on the 1.50 price level which sits nicely inside a MONTHLY SUPPLY/SELL zone which starts around 1.48 which is marked in red on the chart. Inside the Monthly level sits a nice WEEKLY SUPPLY/SELL also which is around the 1,50 mark this where I expect sellers to come back into the market. I will use my TRFX indicator to start to look for a daily sell signal as price moves above the 1.48 mark target for this trade will be the newly formed DEMAND/BUY level which is around 1.43. This is a great swing trade idea will keep you updated when I get the entry trigger happy trading.
Short
by TheFxAce