EUR/CAD AnalysisI think EUR/CAD will go down from the 30-minute Oder Block.
You guys can short it from here by managing your risk.
Eurcadshort
EURCAD Bearish ContinuationEURCAD price seems to exhibit signs of overall Bearish momentum as the price action may form a credible Lower High on key Fibonacci levels which presents us with a potential short opportunity.
Trade Plan :
Entry @ 1.484
Stop Loss @ 1.4982
TP 1 @ 1.4698
TP 2 @ 1.4556
Move Stop Loss to Break Even if TP1 hits.
EURCAD - Look for a short !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. Price almost filled the imbalance and formed hidden divergence for sell.
On H1 we have regular divergence in waves, short after BOS
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EURCAD IdeaEURCAD has formed:
- on H4 timeframe: has formed a descending channel in red and now its retesting it on or the third touch so we're searching for a short (sell) trade on a lower timeframe
- on M30 timeframe as you all can see it formed an ascending trendline in blue with more than 3 touches so we can consider it as a valid trendline so we're waiting for a M3o candle to close below the last touch so we enter a short (sell) trade
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EURCAD - Short active !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price rejected from bearish OB + institutional big figure 1.49000.
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EURCADLooking at this chart, short term trades signal a sell towards the two previous supports. Currently trading around the composing bearish continuation flag, once the support breaks, we look to sell and use the flag's resistance as the SL with open ended targets, I prefer scalping method for such analysis'.
#EURCAD 1DAYEURCAD (1D Timeframe) Analysis
Market Structure:
Support Trendline Breakdown: The price has broken below a key ascending trendline support, indicating potential weakness and bearish pressure.
Forecast:
Wait for Retest, Then Sell: A retest of the broken trendline as new resistance could provide confirmation for a selling opportunity.
Key Levels to Watch:
Entry Zone: Look for price rejection at the retest of the trendline or near resistance areas before entering a sell position.
Risk Management:
Stop Loss: Placed above the retest zone or recent swing high to limit risk.
Take Profit Zones: Target nearby support levels or Fibonacci extensions for potential downside moves.
Market Sentiment:
Bearish Bias: The breakdown suggests sellers are gaining control, but waiting for a retest offers a safer entry point to confirm the trend reversal.
EURCAD sell setup updateOn our last analysis on EURCAD we are Bearish for the long haul, we were waiting for price to push up till our area of interest to look for selling opportunities to the downside. Price eventulally reached our area of interest after a long wait and we were able to place sell positions and as we can see price is rallying down with us.
EURCAD BUY| Idea Trading AnalysisEURCAD is moving in an ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
eurcad sell opportunity.broke stracture to the downside my bias is bearish now. i am waiting for my entry point to be triggered.
#EURCAD 2HEURCAD (2H Timeframe) Analysis
Market Structure:
Channel Pattern: The price is moving within a defined channel, respecting both support and resistance levels. Currently, it is near the upper boundary of the channel, signaling potential resistance.
Bearish Engulfing Area: A bearish engulfing candlestick pattern has appeared near the resistance zone, indicating possible selling pressure.
Forecast:
Sell Opportunity: The price is positioned at the channel resistance with bearish candlestick confirmation, suggesting a potential downward move within the channel.
Key Levels to Watch:
Entry Zone: Near the upper boundary of the channel or at the bearish engulfing area.
Risk Management:
Stop Loss: Placed above the channel resistance or engulfing candle high to protect against invalidation.
Take Profit Zones: Target the midline or lower boundary of the channel as potential downside levels.
Market Sentiment:
Bearish Outlook: Sellers are likely to dominate as long as the price remains below the resistance area, maintaining a downward channel trend.
EURCAD BUY | Idea Trading AnalysisEURCAD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line..
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
#EURCAD 4HEURCAD 4-Hour Analysis
The EURCAD pair has formed an ascending triangle pattern on the 4-hour chart, but the price has broken down below the triangle's trendline support. This breakdown signals potential bearish momentum, making it a viable sell opportunity.
Technical Outlook:
Pattern: Ascending Triangle and Breakdown Trendline Support
Forecast: Bearish (Sell Opportunity)
Entry Strategy: Enter a sell position following confirmation of bearish momentum, such as a retest of the broken support acting as resistance or continuation of lower highs.
Traders should look for additional confirmation through bearish candlestick patterns and supporting indicators like RSI or MACD. Proper risk management is crucial, with stop-loss orders placed above the retest level and profit targets set at the next key support zones.
EURCAD Resistance , All eyes on SellingHello Traders
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EURCAD is in a Bullish Pattern After Testing daily SupportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
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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
EUR/CAD - My projectionI think that this is what will happen to EUR/CAD. It could bounce up further finding resistance at the previous resistance but could also be forming a new support and resistance from the break low. Resistance could be current price. I think that this is the case for this weeks open.
Watch for the price to decide direction then make your play responsibly.
Bearish on $EURCAD1. We have a run on stops
2. We have price beyond 50% on the daily chart
3. We are currently on the daily chart orderblock
4. We are selling off from the mitigation block
EURCAD shortMy favorite 200dma stands on guard as I attempt to short this down to the next support.
This is not a trade recommendation, it is merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
SELLING EURCAD NOW!! (SWING THIS)Hey Traders,
I'm selling EURCAD now, trading with a 1:1.5 risk to reward.
CONFLUENCE:
1. SOW FORMED= SIGN OF WEAKNESS
2. PRICE FORMED OUR BEST SETUP (V SHAPE)
3. CLOSE TO THE KEYZONE (NUMBER ALGO.)
GOT A NICE RISK!!!
LETS GO!!!!!!!!
EURCAD is in a Bullish Pattern After Testing daily Support Hello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD 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 Momentum in PlayHello Traders,
Trust trading has been awesome for you.
Please find below my analysis of the EURCAD currency pair from H4 perspective.
Trend & Sentiment
The pair remains bearish, forming lower highs and lows. Sellers maintain control, though the current consolidation suggests temporary indecision, even though price is facing resistance around the 1.48591.
Key Levels:
Resistance: 1.48591
Support: 1.47211
Possible Movement
A break below the equilibrium at 1.47993 could accelerate bearish momentum toward 1.47211 and 1.45831. A short-term pullback to the resistance at 1.48591 is possible (as we saw the buyers temporarily pushed above this region and closed back below it) but likely to face renewed selling pressure.
Short-Term Target: 1.47800
Medium-Term Target: 1.47211
Long-Term Target: 1.45831.
This trade may last from now till 22nd November or beyond to fully unfold.
Conclusion
The bias remains bearish, with a focus on the downside targets unless the price breaks above 1.48898 to challenge the trend.
Cheers and happy trading!
EURCAD Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
Until the two strong resistance zones hold my short term view remains bearish here.
EURCAD - Potential short !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from bearish OB + level 1.49000.
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