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Eurcadlong

EURCAD Expectation Next WeekAfter a strong close daily flip for this pair i think it is fair to assume we can now look for a pullback and retest to buy to trade along with the trend. We can wait on the lower timeframe 1h or 30m which ever u are comfortable with trading for pull back One thing to note is to watch how price action plays if it breaks below the zone as we dont know how deep the pullback would be. its safe to wait for price to come to the zone and breaks out upward with momentum Ultimate target would be the daily key resistance zone.
Long
by Junmadayag
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:
Long
by Sherman_Trades
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%
Long
by Sherman_Trades
EURCAD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURCAD . Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. We are near the point of interest, I wait price to fulfill the imbalance and to reject from bearish order block to open a short position. ‼️Attention!!! Due to the fact that we have news on CAD upcoming week, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
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.
Long
by For3xScalper
New Bullish update on EUR/CADThe EURCAD is currently trending inside an ascending wedge pattern that technical traders take as a bearish reversal pattern. However, the pair just hit an intraday demand area (bottom) which has been consistent for an immediate bullish push-back to touching the pre-existing supply zone (top). The current triple bottom also indicated a divergence in price which technical traders could use in pushing the price a little bit up again. Alternatively, a break below the demand area could initiate a further sell off towards Jan low at 1.4230. Traders may keep a close eye on the EURCAD.
Long
by Adefxc