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CADEUR trade ideas

HEAD & SHOULDER PATTERN SPOTTED IN EUR/CADHead & Shoulder Pattern Spotted in EUR/CAD – Bearish Trend Expected The EUR/CAD pair has recently formed a Head & Shoulder (H&S) pattern, a classic reversal signal that often indicates a shift from an uptrend to a downtrend. This pattern, combined with the formation of lower lows, suggests increasing bearish momentum in the market. Current Market Structure Price action has been moving within a secondary (corrective) trend, which appears to be nearing its end. Once this phase completes, sellers are expected to regain control, pushing the pair downward. The recent lower lows reinforce the weakening bullish sentiment, increasing the likelihood of a bearish continuation. Key Levels to Watch - Resistance Level (1.61100): This level is critical for sellers. If price approaches this zone and gets rejected, it could confirm the bearish outlook and trigger a downward move. - Support/Target (1.58000): If the bearish momentum strengthens, the pair could decline toward 1.58000, aligning with the measured move of the H&S pattern. Conclusion With the Head & Shoulder pattern and lower lows in place, EUR/CAD is showing signs of an impending bearish move. Traders should watch 1.61100 for resistance and 1.58000 as a potential downside target. A confirmed breakdown could present a strong selling opportunity in the coming sessions.
Short
by Brillant_Capital
EURCAD – Two Key Levels, One Solid PlanOn this pair, we have two important levels: 🟡 The first level might act as a trap (stop hunting). So don’t rush to buy — wait for confirmation. 🟢 The second level offers a safer buy opportunity. As always, our plan stays firm — we don’t tell the market what to do, we follow it. 🔻 If a clean break and valid pullback occurs on the first level, a short trade toward the lower level is possible. ⚠️ This pullback short scenario is only valid until price reaches the lower level. If price hits the lower level and starts moving up, any short position becomes much riskier. Discipline > Prediction.
Long
by ForexCSP
YOU MUST BE A CONFLUENCE FINDER, let me explain.......All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!! www.tradingview.com
Short
by Simply-Forex
Trends Report#1:Learn How To See Bullish Chart Patterns It's been a wild week.As I am strategy building. So far I have about 3 solid trading strategies. Then I have two more pending to learn more. My dream as a man has always been to learn how to make money. Staying in the financial markets because I went to college to study information and technology. In my academic studies there was nothing close to what I learned on trading. Financial technology software development is what I have decided to study as an academic pursue. The education system is broken. Look at this chart. ☝️The price is above the 50 EMA ☝️The price is above the 200 EMA ☝️The price has reversed on a Bullish Harami Candlestick pattern . This reversal is confirmed by both the positive volume + volume oscillating tool. To learn more 🚀 Boost This Content Disclaimer ⚠️ Trading is risky please learn Risk Management And Profit Taking Strategies.Also feel free to use a simulation trading account before you use real money.
Long
by lubosi
EUR/CAD: Quant-Verified ReversalThe fundamental catalyst has been triggered. The anticipated strong Canadian CPI data was released as expected, confirming the primary driver for this trade thesis. Now, the focus shifts to the technical structure, where price is showing clear exhaustion at a generational resistance wall. 🧱 Our core thesis is that the confirmed fundamental strength of the CAD will now fuel the technically-indicated bearish reversal from this critical price ceiling. The Data-Driven Case 📊 This trade is supported by a confluence of technical, fundamental, and quantitative data points. Primary Technical Structure: The pair is being aggressively rejected from a multi-year resistance zone (1.6000 - 1.6100). This price action is supported by a clear bearish divergence on the 4H chart's Relative Strength Index (RSI), a classic signal that indicates buying momentum is fading despite higher prices. Internal Momentum Models: Our internal trend and momentum models have flagged a definitive bearish shift. Specifically, the MACD indicator has crossed below its signal line into negative territory, confirming that short-term momentum is now bearish. This is layered with a crossover in our moving average module, where the short-term SMA has fallen below the long-term SMA, indicating the prevailing trend structure is now downward. Quantitative Probability & Volatility Analysis: To quantify the potential outcome of this setup, we ran a Monte Carlo simulation projecting several thousand potential price paths. The simulation returned a 79.13% probability of the trade reaching our Take Profit target before hitting the Stop Loss. Furthermore, our GARCH volatility model forecasts that the expected price fluctuations are well-contained within our defined risk parameters, reinforcing the asymmetric risk-reward profile of this trade. The Execution Plan ✅ Based on the synthesis of all data, here is the actionable trade plan: 📉 Trade: Sell (Short) EUR/CAD 👉 Entry: 1.6030 ⛔️ Stop Loss: 1.6125 🎯 Take Profit: 1.5850 The data has spoken, and the setup is active. Trade with discipline.
Short
by MaxellAguiran
EURCAD Breakdown and Retest , All Eyes on SellingHello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD 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
Short
by ForexMasters2000
EURCAD - Weekly Resistance Might Shift The Momentum!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURCAD has been overall bullish trading within the rising channel marked in blue. However, it is currently approaching the upper bound of the channel. Moreover, the red zone is a strong weekly resistance. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance. 📚 As per my trading style: As #EURCAD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
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