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.
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Eurcadforcast
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.
EURCAD I It will keep dropping and bounce from channel support Welcome 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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EURCAD LONG - The Trend is Your Frie..Happy Wednesday Everyone!
Hope you are all well and blessed!
This is a swing trade for the rest of the year - Ideally, I would only like to be buying this pair.
Analysis
12M - Bullish structure & candle stick forming
6M - Still bullish.
3M - March is the last 3rd Candle to complete this candle stick. I'd like to see this push up more so we can start looking around 1.50
1M - This will form a strong bullish candle stick for March.
W - Continuation - Forming a strong weekly Bullish candle
D - Price is currently bouncing on a strong Daily previous resistance - now support line. Continuation after Monday retest on the Daily support line. Tuesday Forming a clear bullish candle stick suggestion continuation. Just have to be cautious of any strong wicks.
No heavy news EU or CAD this week, so this should be a bless trade.
Happy Trading/Investing
Please feel free to share your view
God Bless.
EUR/CAD SHORT from 1.4769The shocking CAD CPI news released an hour ago (CPI missed by .3%) has seen a sustained
period of CAD SELLING and now this BULLISH EUR/CAD strength is faltering as it is across all CAD pairs and we look to be entering a period of SELLING in order to unwind overbought RSI readings.
On the H1 time frame we have a potential double top at WR1 though the second candle has not yet completed and there's every possibility that EUR/CAD BULLS haven't finished with this market and may attempt to send the price higher.
We do have a confirmed SELL signal on the Andean Oscillator and the current H1 candle seems certian to be a doji so there are confirming signs that this pair may be headed south.
With a STOP above the recent high at 1.4774 we can get this trade on with a tight 13 pip STOP and hope that we can get a breakeven stop in the next hour if the price does indeed head south.
This is a soft STOP however and it will be adjusted if we get a burst of buying that threatens the STOP but as this buying would be sending the RSI back into o.b. then I expect SELLERS to eventually push the price back south.
Its by no means a done deal this trade and its always risky trading against the news with CAD being overwhelming BEARISH but buyers are certain to enter this market, its just a question of when.
Hopefully its now.
EURCAD SELLHi fellow traders, EURCAD is ready to drop lower from the blue box after completing the WXY correction. Target the 1.43800 level and move your stoploss to break even as soon as we hit the grey 'risk free zone'. The trade will be invalidated if we break higher out of the blue box. Good luck and trade safe!
EURCAD Short Term Buy IdeaH4 - Bullish trend pattern followed by a pullback.
Most recent downtrend line breakout.
Higher highs.
Expecting short term bullish moves to happen here.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURCAD I Bearish breakout and potential continuation Welcome 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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EURCAD I Plan for Trading the Daily RangeWelcome back! Let me know your thoughts in the comments!
** EURAUD 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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EURCAD I Potential intraday short opportunity Welcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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EURCAD Technical Analysis And Trade IdeaRecently, the EURCAD has exhibited bullish momentum, primarily propelled by the robust performance of the EURO. This video delves deep into dissecting this trend, scrutinizing price action, and exploring a potential trade opportunity through an analysis of scenarios on the 1D daily timeframe. Expect comprehensive insights into price dynamics, market structure, trend evaluation, and pivotal technical analysis elements. It's imperative to stress that the information presented is purely educational and should not be misconstrued as financial counsel.
EURCAD I Bounce from 50 MA and support reversal zoneWelcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!