EURCAD - LongEURCAD Analysis - LONG 👆
In this Chart EURCAD H1 Timeframe: By Nii_Billions.
❤️This Chart is for EURCAD market analysis.
❤️Entry, SL, and Target is based off our Strategy.
This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts.
The strategy uses technical and fundamental factors, and market sentiment to predict a BULLISH trend in EURCAD, with well-defined entry, stop loss, and take profit levels for risk management.
🟢This idea is purely for educational purposes.🟢
❤️Please, support our work with like & comment!❤️
🟢🟢🟢🟢🟢❤️❤️❤️❤️❤️MERRY CHRISTMAS ❤️❤️❤️❤️❤️❤️🟢🟢🟢🟢🟢
Eurcadforcast
Is the EURCAD Setting Up for a BUY Opportunity?👀 👉 The EURCAD has made an impressive move off a key support level, showing strong momentum as it approaches previous highs. The question remains—what’s next? I’m closely monitoring for a potential buy setup, specifically if the pair retraces to the critical 50% Fibonacci level. At that point, I’ll be looking for a clear bullish shift in market structure to confirm a high-probability entry. Patience is key here, as waiting for confirmation can make all the difference in achieving consistent results. 📢 Disclaimer: This content is for educational purposes only and is not financial advice.
#EURCAD 1DAY#EURCAD 1-Day Forecast Sell based on a Channel Pattern
On the daily chart for #EURCAD, the price is moving within a clearly defined **descending or horizontal channel**, signaling a potential **sell opportunity**. The price has been respecting both support and resistance levels, forming a continuous trend inside the channel, with a bearish bias dominating the market.
Key Insights:
1. Channel Pattern:
- The price is fluctuating within a descending or sideways channel, where it repeatedly bounces between resistance and support levels.
- The upper resistance line of the channel is holding firm, acting as a ceiling for the price, while the lower support line limits declines.
2. Sell Scenario:
- With the price near the upper resistance of the channel, this is an ideal point for a sell entry, expecting the price to reverse and move toward the lower support.
- Confirmation for selling can come from bearish price action (e.g., bearish candlesticks or rejection at resistance), indicating that sellers are regaining control.
3. Trend Continuation:
- The overall market bias is bearish, as evidenced by the lower highs and lower lows within the channel. As long as the channel holds, the price is likely to continue this pattern, making selling on rallies an optimal strategy.
4. Volume Confirmation: Monitor volume for confirmation. A rise in selling volume as the price nears resistance would strengthen the bearish outlook, while low volume near the support could suggest a lack of momentum for further declines.
5. Stop-Loss Considerations:
- For a sell position, place a stop-loss slightly above the resistance level of the channel, as a breakout above resistance would invalidate the sell setup and suggest a potential reversal to the upside.
Trading Strategy:
Entry: Enter sell positions near the upper resistance level of the channel, anticipating the price to move downward toward the lower support.
Take Profit: Set take-profit targets near the lower support zone of the channel, where the price may bounce or consolidate.
Stop Loss: Place a stop loss above the channel's resistance line to manage risk in case of an unexpected breakout.
This analysis indicates that #EURCAD is currently in a **sell position** on the 1-day timeframe, especially as it nears the resistance of the descending or horizontal channel. Traders should aim for downward movement while managing risk carefully with proper stop-loss levels.
EUR/CAD Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/CAD based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
EURCAD Technical Analysis and Trade Idea👀 👉 EURCAD is showing a bullish trend on the higher time frames, and I'm watching for a potential buy setup, depending on specific conditions discussed in the video. In the video, we break down the essential price action signals to monitor and how to capitalize on the next opportunity. Disclaimer: This analysis is for informational purposes only and is not intended as financial advice. 📊✅
Accumulation, Manipulation and DistributionPrior to overcoming the 4-hour rejection block, price formed a consolidation phase, indicative of accumulation. This was followed by a volatile bullish move that successfully mitigated the rejection block, entering a manipulation phase.
Subsequent price action led to a displacement, clearing the swing. Currently, we observe a bearish sentiment, anticipating a corrective hike to fill the imbalance and respect the fair value gap at 1.51200. The fair value gap shall be our entry with the demand zone at 1.50200 as the target from this expected distribution phase delivery…
#EURCAD 1HEURCAD (Euro / Canadian Dollar)
Timeframe: 1-Hour (1H)
Pattern: Expanding Pattern
An expanding pattern, also known as a broadening formation, has been identified on the 1-hour chart of EURCAD. This pattern is characterized by higher highs and lower lows, indicating increased market volatility and indecision. The expanding pattern shows that both buyers and sellers are pushing the price in opposite directions, but with increasing momentum.
Typically, an expanding pattern suggests that a breakout in either direction may occur, but the broader outlook is leaning towards an upward breakout in this case.
Forecast: Buy
The current forecast indicates a buying opportunity, as the price is expected to rise from the lower end of the expanding pattern towards the upper resistance level. This suggests potential gains as bullish momentum builds.
Technical Outlook:
Support Level: The lower boundary of the expanding pattern, where buyers are expected to enter the market.
Resistance Level: The upper boundary, which could be a potential target for the price to reach.
Key Levels to Watch: A breakout above the recent highs would confirm the bullish outlook, signaling further upward momentum.
Look for confirmation through bullish candlestick patterns or volume increases near support to validate entry points.
Stay alert to economic data and oil-related news that might influence the EURCAD pair, as CAD often reacts to oil price changes, while the Euro is sensitive to broader market sentiment.
EUR/CAD Bank Money Heist Plan to make money take moneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EUR/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EURCAD Technical Analysis and Trade Idea👀👉 Our focus is on the EURCAD currency pair, which has exhibited bullish momentum on the 4-hour timeframe. However, as the price has reached a resistance level, we anticipate a potential pullback to the Fibonacci 50% to 61.8% retracement levels.
Our analysis encompasses key elements of technical analysis, including trend assessment, price action evaluation, and market structure examination. We'll also present a potential trade setup and, crucially, discuss strategies to approach it with an increased probability of success.
It's imperative to note that this analysis is provided for educational purposes only and should not be construed as financial advice. The insights offered are speculative and do not guarantee future market behavior. We strongly advise verifying current price actions before executing any trades.
This presentation offers an in-depth examination of the current trend, market structure, and price movements. However, it's crucial to understand that while this content aims to be educational, it does not ensure trading success. The foreign exchange market carries significant risks, and we strongly emphasize the importance of implementing robust risk management strategies in all trading activities.
Please understand that thorough research and careful consideration should precede any trading decisions. Stay informed, remain vigilant, and approach the markets with a well-prepared strategy. 📊✅
EURCAD I Correction and potential continuationWelcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
It's Time for Buy EURCADGreetings traders, the EURCAD price is nearing its resistance zone at 1.48535, where a potential rejection could occur. If the price surpasses this level, the next target would be 1.49288. Additionally, there is an unfilled imbalance at 1.48185. Share your thoughts in the comments section.
EURCAD Bullish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist EURCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 3h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
EURCAD: A safe 400+ pips selling opportunity! Use Accurate RR! Dear Traders,
Eurcad, long term view remain bearish price rejected at the daily order block also where the premium price zone was located. We can see strong bearish move coming once price reach and reject at our area of entry. Please use accurate risk management.
Team Setupsfx_
EURCAD looks to follow the path of EURUSD IdeaIdea No : 08
this idea is perfectly placed given our EURUSD idea is in profit by now
same thing, same kind of gesture and pattern as is EURUSD doing now
facing trendline support and possibly forming a falling wedge pattern on H4
expect the pair to move towards our green arrow soon
EURCAD (Bearish)Starting your analysis and mapping out your support + resistances level from a higher timeframe such as the weekly or daily will give you a much better understanding of where price may be heading. Remember, to be able to determine the future more accurately, we must study our past. History repeats itself as they say.
*Always remember to let price action develop and use proper RISK MANAGEMENT*
I'll tell you the exact rebound spot for #EURCADHello friends nice to meet you all hope you have a good day
#EURCAD
When you look at the big picture, It is moving sideways, drawing a BOX pattern.
By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line,
a RED short-term trend line was created.
With the current decline, There will be a rebound near the bottom of the red short-term downtrend line or BOX, and candles will go towards touching the top of the BOX.
EURCAD Trading Plan - 15/Apr/2024Hello Traders,
Hope you all are doing good!!
I expect EURCAD to go Up after completing this correction.
I am biased for taking the recent low once again before giving a bigger correction upside.
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.