EUR CAD SHORTRisk 0.5%
TP1 = 1:2 RR
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Eurcadbuy
EURCAD I Wait for pullback to supportWelcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
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EURCAD TRADE IDEA Long (24/07/2023)The price has already broke structure on the way up, after reacting well from the POI, allowing for the break to occur.
For this trade to work out, please wait for the price to tap into the order block - if it doesn't happen, let the trade go.
With an RR of 3.41, this is a trade worth taking - even though I'd prefer more.
NOTE: This is not financial advice, please do your own research and be aware that any risks are being taken solely by you, the individual.
EURCAD - Add new short ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: As I said in my previous analysis here price continue bearish price action, now I add new short position as price filled the imbalance and rejected from bearish order block + institutional big figure 1.46000.
Fundamental analysis: Next week on Friday will be released Unemployment Rate on CAD and if the result is positive it will support our analysis.
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EURCAD Long Term Buying Trading IdeaHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURCAD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: After the change of character here I see price to continue bearish price action as we can see that the imbalance was almost filled and the price rejected from institutional big figure 1.49000.
Fundamental analysis: Next week we have news on EUR and CAD. On Thursday will be released Interest Rate on EUR, followed by ECB Press Conference and on Friday monthly GDP on CAD, that was forecasted to increase, this means strength in currency, which can support our analysis.
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EURCAD - Long from bullish order block ✅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. I want price to make the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.44000.
Fundamental analysis: Next week on Wednesday will be released Interest Rate on CAD which is forecasted to increase by 0.25%, this means strength in currency.
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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
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.
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EURCAD: Buy settupHello, as we can see, from a daily perspective EURCAD is in an uptrend, where the price broke above the daily resistance level and then made a corrective move to retest 0.5% Fibonacci retracement around 1.48500, then make another impulsive move to the upside.
In 1h, the price was moving in a falling wedge pattern before it broke out of the wedge and closed above the daily resistance level.
My bias is bullish, so I wait for the price to retest the daily support around 1.14700 before it can take off to the 1.5100 regions.
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.
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