EURCAD Idea H1Happy new year 2023! Here is my view for EURCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Eurcadshort
EURCAD shortwe must wait for reaching the target sell place.
Entry at this point only shown in the graph with putting stop loss and take profit.
divide the target into two parts and change the stop loss and put it on the entry level .
EURCAD LONGPrice formed the second leg of the W formation on Wednesday, and since then it has been bullish and now it has broken the previous resistant zone and use that same spot as support zone and buy to the 1.45930 zone.
Short EURCAD d1: the price fall down from strong supply zone with some bear pinbar
h4: the price break the key level of up trend wave
h1: the price is on down trend, after break the key level of uptrend h4, the price had made retest and creating double top pattern
then open a short position
R:R target
1:9.14
EURCAD ANALYSIS.Currently it is in ranging,
Going Short for small chunk but feeling confident that it has not touched its Top yet.
More can be seen on chart.
HAPPY TRADING FOLKS!
EURCAD, waiting for sell signal on H4I am waiting for the confirmation of the declines, i.e. the breakout of the support. If this doesn't happen, setup is canceled.
TP around 1.428, around 200 pips.
GG
P.S. This is not financial advice of course, just my idea.
EURCAD IDEA FOR SHORTWell we saw some bullish momentum,who took a trade from start of the move,it was a 300 something pip move,as always patience pays the bills.
Now for this week my bias is bearish if we see rejection or some kind of a reversal pattern,expecting to make a pullback from 1.46140,but if the price breaks above 1.46140 then i will be looking for a buy opportunity,if we put fib retracment,we can see 0.5 fib is where my tp is set.Happy trading guys and good luck.
EURCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of EURCAD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fiil the imbalance lower and then to reject from bullish orderblock.
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[UPDATE] SELL Trade Triggered Quick update on this trade idea on Friday the TRFX Pro indicator give a couple of signals on the 8hour which was the green light to enter this position read my related post on the reasons behind this setup.
As the position moves in our favor will trail the stop and take profits at certain points ::)
All Systems Go Go Sell Sell ??The CAD pairs across the board have been grinding higher recently and are all extremely over extending and a SELL off is to be expected pretty soon.
In my previous idea where I was waiting for a signal on my TRFX KING above 1.40 on a chart ranging from the 8hr to the daily so I could enter a trade no signal has occured on any of these charts yet and price blew straight up through this level
The EURCAD has now entered the Monthly SUPPLY/SELL starting at current price and is slowly grinding higher, you can see buyers are running out of steam and a correction down towards the 1.37500 area is on the cards.
We may get 1 final push up towards 1.45 though I will be entering the first signal on my TRFX king indicator that happens between the 8hr and daily chart this is a great setup.
Again it's simply waiting for the entry signal then all systems go
EUR/CAD, in a downtrend ?Since August 2021, the price of EUR/CAD seems to be changing its trend and forming a new downtrend channel.
Several areas are to be monitored, in particular the 0.61 points of the fibonacci and the first supply zone at the level of 1.5050 - 1.5250 which is at the intersection of the 2 channels.
Then the second supply zone seems to be a strong resistance, to be monitored as well if EUR/CAD continues to progress. A long-term objective would therefore be to return to the low point of August/September 2022 at 1.2880 PIPS, then to continue on the second demand zone.
EURCAD, i am short in D1In EURCAD, i am short in D1 because there is an POI available and i think that market will fall from here till unmitted POI
Should You SELL EURCAD Now ??We have now entered a Weekly SUPPL/SELL zone and approaching the 1.40 level which is a previous strong weekly & monthly support level so will so we will expect some resistance here.
I am now activily looking for SELL signals using my custom indicator on timeframes 4hr to daily the first easy target for this setup if iit occurs is the 1.37 area which is the previous HIGh in the current leg up and a further drop down towards 1.35 could be on the cards as that is a nice Weekly DEMAND/BUY level.
Let's see how we go please booast and comment :)
EURCAD has a short position.EURCAD is ready to start DOWNWARD to next resistance. This is just an analysis. If you feel it helps you and this analysis is correct, you can enter the trade at your own discretion with the appropriate volume and SL.
Short EurCad (Short Term)EurCad recently attend a peak of a bullish impulse, I believe it's now time to go for a short, at least not for too long.
The 1.35334 level looks very attainable before pulling back to become bullish again. While, if it goes below 1.34212, I will start watching out for a continuation of the bearish trend by looking for a short position.
NOTE:
This is not a financial advice but just what I am trading.
Enjoy the movement and good luck.
EURCAD Short-term Pullback ShortMarket Structure is KING!
Hey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURCAD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next support area .
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
EURCAD - ShortMy Dear Friends,
My technical analysis on this pair is below:
BIAS: Bearish
ENTRY: 1.38110
TARGET: 1.34400
STOP LOSS: 1.41800
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WISH YOU ALL LUCK
EURCAD shortHi traders this is my view of EURCAD right now.
We see a nice triple top in a uptrend before the corection will start.
So this pair give us a good option to earn with a good risk reward esay money.
If we see a lower low we have the comfirmation for a short.
I wish you a good weekend.
EURCAD Hrly short | Algorithm tradingEURCAD hrly short
shortstop @ 1.38091
TP #1 @ 1.37693 74.55% wr
TP #2 @ 1.37247 50.91% wr
SL @ swing high 1.3862312.22% hr
WR and HR determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on Bifrost Trades.
EURCAD - 60 MINS TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
EURCAD Trend Continuation 4HHello the current price for the EURCAD is a good seller investment.
Take profit at 1.3120
The stop around 1.3520
Ratio 1/3.14
good trade to you friends
