EURCAD Trade IdeaEURCAD moving in range now wait for breakout to trade or place your buy stop and sell stop.
Manage risk according to your account size.
Eurcadforcast
EURCAD Analysis 13July2023the analysis of this pair is still in line with the last analysis. the price is heading to the SnD area and is stuck. there is a possibility of sideways before the price continues the bullish trend again.
EURCAD Bullish Breakout!EUR-CAD broke the key
Horizontal level of 1.45216
And the breakout is
Confirmed so I think
That we will see
Bullish continuation !
EURCAD Risky Long!EURCAD is trading in a
Rising channel and the
Pair made a nice rebound
From the rising Support which confluences
With the horizontal support Of 1.44330
I think we will see a move up !
EURCADAlthough I hardly trade EURCAD, I will not pass up an opportunity. Lol
Either side is possible, I may want to see market pulling up however a down side is equally very possible
EURCAD | Bullish Harmonic Reversal PatternBullish harmonic Bat reversal pattern formed and The price has rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from here. Will it continue its trend or Reverse the trend by respecting the PRZ.?
EURCAD TradingView H1Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURCAD Short Daily ChartReasons for selling:
Trendline breakout
Risings wedge breakout
Key level breakout
Change from bullish to bearish market structure.
The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities
inline with the bearish higher time frame trend.
Long Position Opportunity on EURCADfundamentally,
we had today US Retail Sales Data that came out negative for the Dollar
on the technical side,
we had a great pull back on a key level
in the 15min:
-RSI divergence
in the 1h:
-hammer on a demand zone
in the 4h:
-strong trend
in the D :
-great correction on the 50% fib
EURCAD Retesting the Trend and the 50% Fib levelEURCAD rallying up continuing its up trend , we got a pretty good opportunity for a buy setup
-break of a trend line + retest
-correction to the 50% Fib level
-on a support zone
EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 BUY IN POIThis is for short term
And this is risky too.
Please DYOR before entering the trade.
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.
EURCAD Next Possible MoveEURCAD ( Euro / Canadian Dollar )
Description :
Consolidation
Break of Structure
Bullish Channel acting as an Corrective Pattern in Long and Short Time Frame
Divergence
Completed " 1234 " Impulsive Wave making its Last Impulsive Wave " 5 "
Rejecting from S / R Level
EURCAD - Ascending Channel StrategyWe have an ascending channel on the 4H timeframe showing that price has been decelerating as it approached the daily resistance level. We also have bearish RSI divergence.
I expect to see a small 40 pip move to the downside.
EURCAD- A nice SELLING Opportunity!Dear Traders, EURCAD has developed a nice distribution cycle when we talk about smart money concept. We have identified a potential area where we can see a nice sell off; our approach on EUR long term is bearish and CAD somewhere stronger currency index when we compare these two.
-ENTRY SHOULD BE EXACTLY AT THE OB AREA.
-STOP LOSS NO MORE THAN 50 PIPS
-TP 200-300 PIPS.
Buying $EURCAD hereTrade type AAA
Reasons for taking this trade:
We are longterm bullish hence it would make sense to take buys here.
The liquidity pool at 1.43300 has already been filled.
1HR candlestick has closed bullish and its engulfing (the better)
We have had the 3 touch move already in which our bias is supported by the liquidity pool as explained above.
We are 2 hours past London open hence there is liquidity.
I am targeting to areas for TP.
Trade type glossary
Trade type AAA - Very good
Trade type BBB - Nice
Trade type CCC -🧐
This trade is based on the analysis of my previous idea:
Buying $EURCAD here (second trade entry)Trade type AAA
our previous idea: hit the first TP💦 hence confirmation enabling us to get a second entry for the second trade.
Reasons for taking this trade:
Our first tp was a very sensitive price level hence after hitting that price we have receeived confirmation for continuation by:
1hr candlestick is a bullish engulfing candlestick hence that is good.
We are close to London (2 mins approx) open hence volume will be available.
You see the blue line? price level - 1.44088 Price did not close below that area. That is good
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
EURCAD Short IdeaPrice broke through the 200ema and showed strong rejection at resistance zone, also there is a price imbalance around the the 1.428 area. Bias is sell
SL 1.4463 or according to your equity
TP1 1.4350
TP2 1.4300
TP3 1.4275
EURCAD is about to fall down!Due to the previous fall in EURCAD chart and the way it's coming up, We could see that the buyers don't have much power.
also there is a time divergence plus a hidden divergence in MACD, We could expect another fall in its chart.
.
.
what is your idea about this chart?
EURCAD Next Move Bearish ??Pair : EURCAD ( Euro / Canadian Dollar )
Description :
Rising Wedge in Long Time Frame acting as a Corrective Pattern and Rejecting from the Upper Trend Line
Divergence
Break of Structure
Bearish Channel and Rejection from Upper Trend Line
Completed " wxyx " Corrective Wave
Breakout of S / R Level with Retracement
EURCAD Trading Plan - 15/Feb/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.
EUR/CAD SEEMS BUY CORRECTION THEN LONG SELL ....
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data, quotes, charts and buy/sell signals.
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Traders, if you like this idea or have your own opinion about it,
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