EURCAD H&S There may be a H&S forming on this pair on the intraday chart.
On chart is a suggestion for a short trade from the neckline break.
Go to lower time frame ie 15 min and check for confirmation of the shorting opportunity.
RR = 1.6
CADEUR trade ideas
Trading Signal: EURCAD Sell OpportunityWe have identified a promising Sell opportunity for the EURCAD currency pair.
- Direction: Sell
- Enter Price: 1.49598
- Take Profit: 1.49292333
- Stop Loss: 1.49925333
This forecast is generated using the sophisticated EASY Quantum Ai strategy, which analyzes multiple market factors to determine the best trading opportunities. Here are the reasons for this Sell signal:
1. Technical Analysis: Our advanced indicators suggest that the current price level is near a resistance zone. Historical data indicates that EURCAD often reverses from this point.
2. Market Sentiment: Trader sentiment analysis shows a majority inclination towards selling, suggesting bearish momentum.
3. Economic Indicators: Recent economic reports from the Eurozone have been weaker than expected, contributing to the downward pressure on the euro.
Please ensure you implement proper risk management techniques and adjust your trading plan accordingly.
Trade wisely!
EURCAD - In Bullish TrendThis pair is in bullish trend with a weak divergence. A trend line is drawn and chart has tested the trend line on various occasion. Weak divergence may affect the chart to go sideways and the chart has also broken its R1 level. Looking at their indices (EXY & CXY), EXY is is bullish and the latter one is bearish which is an indication of LONG trade option. I have done this analysis on 1H time frame.
The Signal is:
EP: 1.49911
SL: 1.49481
TP: 1.50770 (1:2)
RR: 0.25%
Lots: 0.07
EURCAD Buyers In Panic! SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4943 pivot level.
Bias - Bearish
My Stop Loss - 1.5018
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBearish continuation.
Target - 1.4844
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURCAD: One More Bullish Pattern 🇪🇺🇨🇦
EURCAD formed a bullish flag pattern on a 4H time frame.
The upper boundary of the flag was broken during the NY session yesterday.
I think that the pair has a nice potential to go higher.
Next resistance - 1.501
❤️Please, support my work with like, thank you!❤️
new operations in EURCADD In my daily analysis of the EUR/CAD pair, it's clear that we are currently on the verge of a significant bullish breakout. The Euro has reached the 1.49 Canadian Dollar level in the early hours, and it seems to be attempting to break above the short-term resistance we observed.
If successful, the market might head towards the next logical target, the 1.50 Canadian Dollar level. This is a big, round, and psychologically significant figure, likely to attract attention due to options markets and the general appeal of large, round numbers.
EURCAD long Opportunity
Uptrend : The EUR/CAD pair is in a strong uptrend, characterized by higher highs and higher lows.
Support and Resistance Levels : The pair has broken a key resistance level around 1.49561, which now acts as support. The next significant resistance is at 1.50450.
Moving Average : The current price is above the 200-period SMA, indicating long-term bullish momentum.
The position aims to capitalize on the continuation of the uptrend following the break of resistance at 1.49561.
The stop loss is placed below the recent support to minimize risk in case of a trend reversal.
The take profit is set at 1.50450, aligned with the next potential resistance zone.
EurCadlooks like a bull flag to me, also a lot of weekly resistance in this area looking to enter buys if the channel is broken to the upside and retested no lower than the line it breaks.
EURCAD BearishEURCAD has formed the rising wedge reversal pattern along with bearish divergence which indicates possible trend reversal. Apart from that the sentiment is also bearish with 97% short positions.
EURCAD Inducement Done, Going LongAfter a rejection candle, it made ABC correction and inducement.
My bias is still long until we see a sign of reversal.
Trade with care.
EURCAD SHORTEURCAD 1.3750-+ tested this point in the daily, my opinion is that it will move down from here.If the channel breakdown occurs, it can add to the sale more
EURCAD Will Keep Growing! 🇪🇺🇨🇦
As we discussed on Friday - EURCAD broke and closed above a resistance line
of a bullish flag pattern.
I bought the pair after the market opening on a retest of a broken trend line.
We can expect more growth and a test of a current high - 1.497
❤️Please, support my work with like, thank you!❤️
EURCAD SELL THE RETRESTMENTOANDA:EURCAD FX:EURCAD FOREXCOM:EURCAD
EURCAD WILL retrestment here , because the wave is finish above
Setup Sunday 21-07Hello Traders,
Another Setup Sunday from my side again!
In this video I will provide you with my setups for the next week and I'll show you my trades and results of the last week + Gold.
Enjoy the video, I hope it will help you in your trading career!
Good luck for the next week!
Happy trading! 😊
EURCAD Can Fall Fall Further DownThe last standard W pattern had failed. EURCAD completed an extended W pattern. It showed some rejection from the top. We have a support level in there. If this support levels is broken and confirmed with a bearish signal, we can see a good short opportunity. Targets are on the screen:
If you found this interesting please consider supporting this analysis by liking, commenting, and sharing with friends, colleagues, traders, and trading communities. Thanks👍🙂
EUR_CAD POTENTIAL LONG|
✅EUR_CAD is trading in an
Uptrend and the pair made a
Breakout and a retest of the
Key horizontal level of 1.4920
Which is now a support and
We are already seeing a
Bullish rebound so we
Will be expecting a
Further bullish continuation
LONG🚀
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EURCAD: Time to Buy 🇪🇺🇨🇦
EURCAD will most likely keep growing.
After a correctional movement to a key horizontal support,
the price bounced and violated a resistance line of a bullish flag pattern.
The release of Canadian fundamentals also strongly support the pair.
The price may reach 1.4957 level soon.
❤️Please, support my work with like, thank you!❤️
Sell EUR/CAD Channel BreakoutThe EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.4932, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.4880
2nd Support – 1.4853
Stop-Loss: To manage risk, place a stop-loss order above 1.4965. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
EURCAD Further Plans Post Exit 1The previous long zone we took on key technical setups (Bottom side of TL, Key price action areas) has warranted an exit.
1) Looking for dips on a tech bias to re-buy and accumulate great deals.
2) Tracking Market sentiment, which supports the same case (EUR buying, no real BOC deviation).
How To Make The Link Between Technical And Fundamental AnalysisWithin Market trading, regardless of the assets involved, you need to form both a technical and fundamental case for your bias.
When you do this, you grip great deals, and you also know where it is likely you will head.
This is simple to learn, when described in a simple format.
