Eurcadsignal
DeGRAM | EURCAD down move continiusEURCAD moved out of the descending channel .
The market pulled back to the resistance level with a deceleration.
Price broke and closed above the psychological level at 1.44000.
We expect a retest of the resistance level followed by a bearish move.
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DeGRAM | EURCAD price angulationEURCAD is making lower highs and equal lows, and it's testing the resistance level.
Price action was rejected by psychological level 1.46000, and higher timeframes show divergence.
We might see a short-term pullback because the trend is still bullish.
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10 Reasons for Neutral EURCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: The trend is bearish side but forms a lower high
2 📆Monthly: a clear downtrend in monthly, but the current price is in a correction phase also taps there recent FVG and continues to upside
3 📅Weekly: inducement and Change chrecttor
4 🕛Daily: clear uptrend also fill out their targets new market may give us a strong reversal or correction
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish
6: 2 Pattern Candle Chart: Momentum candle /cup and handle
7: 3 Volume: below the average reversal
8: 4 Momentum UNCONVENTIONAL Rsi: rsi overbought
9: 5 Volatility measure Bollinger bands: double top
10: 6 Strength ADX: strength in bullish
11: 7 Sentiment ROC: this EUR is more substantial than CAD
✔️ Entry Time Frame: H4
12: Entry TF Structure: Bullish, but we are seeking a correction according to daily and weekly TF
13: entry move: Impulse
14: Support resistance base :
15: FIB:
☑️ final comments: Wait for this pair
16: 💡decision: Wait
17: 🚀Entry:
18: ✋Stop losel:
19: 🎯Take profit:
20: 😊Risk to reward Ratio:
🕛 Excepted Duration :
DeGRAM | EURCAD bearish opportunityEURCAD is slowing down while approaching a major resistance.
Candles are getting smaller, indicating that the price is running out of steam.
Price action might make an equal-measured move, aka AB=CD .
We are looking for short-term opportunities around that zone.
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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.
EUR/CAD Need To Buy Contamination .....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
DeGRAM | EURCAD ascending channelEURCAD is moving in an ascending channel .
The market pulled back to the support zone with a deceleration.
Price broke and closed above the psychological level at 1.3500.
We expect a retest of the resistance level .
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EURCAD SHORTStructure from the price always be a continuation and consolidation. In this case from the EURCAD in time frame, 4h price still in consolidation and waiting for confirmation price will be continuation for falling down or will be bouncing up to the top. in my opinion, this EURCAD will be falling down like what happened before, the chart already makes a flag pattern and it will be my confirmation. Remember to use money management if u take a trade!
EURCAD is preparing for a breakout!!EURCAD 4h Has formed strong bullish price action. Currently, price is in a local uptrend as there is a monthly resistance coming up, It is highly likely that EURCAD will continue to rise to test this previous monthly support as resistance.
On 4h timeframe, EURCAD has created a bullish engulfer on the support level in the last session signaling the further rise. On the news announcement, price may have a spike to the upside.
EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a 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.