Eurcadanalysis
EURCAD Bounce Incoming!EURCAD has established an upward channel and is now almost at the bottom of that channel.
RSI is oversold at 28.9 on the 4Hour, has hit 28 before bouncing back above on the 2Hour and bottomed at 31.8 before bouncing on the 6Hour.
Directly below the price we see the lower boundary of the upward channel and a previous good Demand Zone.
Price may continue down to touch the lower channel boundary and the demand zone, which will push the RSI further into the oversold range and give us a very advantageous Risk/Reward opportunity.
EURCAD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD Long Opportunity with 20R Setup+OB with FVG lying and liquidities lying above
RRR at least 1:20
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EURCADHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURCAD view with Order block
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit day guys
Key level broken and selling opportunity with EURCADH1 time frame.
Structure: The uptrend was broken when the price broke the Key Level at 1.44000.
Wait for the price to retrace to form a retest at 1.44500 and give a sell signal, then you can find a selling opportunity with EURCAD.
The profit target is the 1.43000 and 1.41600 price zone.
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Wish you all have a good trading day!
Wait for the breakout signal and buying opportunity with EURCADH1 time frame.
Structure: Uptrend.
The price is currently moving in the sideway from 1.44000 to 1.45500 and retesting the Key level of the previous downtrend.
Wait for the price to confirm a rise above 1.45500 and appear bullish continuation candlestick patterns, then you can find buying opportunities.
The profit target is the 1.47700 price zone.
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Wish you all have a good trading day!
EURCADEURCAD A while ago we analysed the it on 2 days time frame and so far it has been achieved + 380 pips , go and see it below , in short , We are still looking to buy, especially after
A right-angled triangle and a breach of the resistance..expected for the euro cad, a continuation of the rise according to the expected target of the pattern..Stay safe as we move the market with our analysis
EUR/CAD BUY NOW 📉Hello and welcome traders to another trade idea with Fobian
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
EurCad can rise above 1.5After a false break under 1.43 support, EurCad reversed strongly on Friday, putting in an immense bullish engulfing on our chart, which engulfs almost 2 months of trading.
1.4450 provides support now and dips towards that zone should be bought.
Bulls target can be 1.5 zone resistance and only EurCad under 1.43 would negate this scenario
EUR/CAD SELL OPPOTUNITY Creating.....
IF YOU WANT TO PERFECT SELL ENTRY.THEN YOU CAN
USE SELL STOP @1.42276
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
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eurcadEURCAD - Long
Why are we entering?
- Expecting CAD weakness & EUR strength = EURCAD Long
- Keep looking for buys everytime price goes to the bottom
What are we waiting for to happen?
- Bounce off the bottom
- CAD index to become bearish and EUR index to turn bullish
What is our confirmation?
- CAD index to continue reversing
Entry
No Safe Entry.
Risk Entry: Bounce off the bottom
Once entered, where will our Stoploss be?
- Below the lows
Where do we take profits?
- First TP: 1.472
- Second TP: 1.5
eurcadEURCAD - Long
Why are we entering?
- Price is in a descending ABCDE wedge and we are approaching the weekly structure level (1.43)
- Expecting CAD weakness & EUR strength = EURCAD Long
- Keep looking for buys everytime price goes to the bottom
What are we waiting for to happen?
- Bounce off the bottom
- CAD index to become bearish and EUR index to turn bullish
What is our confirmation?
- CAD index to continue reversing
Entry
No Safe Entry.
Risk Entry: Bounce off the bottom
Once entered, where will our Stoploss be?
- Below the lows
Where do we take profits?
- First TP: 1.472
- Second TP: 1.5