CADEUR trade ideas
Take a bowAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
I will continually update all trades.
Two analytical ideas related to DXYEsteemed analysts and traders,
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As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
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Bearish market scenario
Bullish scenario
EURCAD- SHORTThere is a clear trendline on the 4hr chart and a clear LH and HH, so I believe we could find a 50pip worth of bearish movement to the downside, if the market breaks the trendline the bearish momentum will continue.
Will EURCAD pop higher?EURCAD EASYMARKETS:EURCAD
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EURCAD LONGPRICE REJECTED FROM A DAILY Bullish Order Block.
Price has formed a new higher and close about the previous swing high. Confirming a market structure shift towards upside.
Entering into H1 TF, looking for extreme lower PD Array in discount zone to enter the market.
Setting a buy order at order block
✅EUR_CAD SHORT FROM RESISTANCE🔥
✅EUR_CAD surged again to retest the resistance of 1.478
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
CATCHING THE HTF MASSIVE SELL CONTINUATION ON EURCADEURCAD has a weekly bearish structure and we see a nice sweep of buy sides liquidity on higher time frame... Just right after this sweep we got nice bearish confirmations showing that institutions are possibly ready for a sell program on HFT. Enjoy the green promising ride traders
EURCAD The Target Is DOWN! SELL!
My dear friends,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4767 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.4715
Recommended Stop Loss - 1.4800
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.465 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
EURCAD Major SellPrice is on a major resistance as you can see on the chart, RSI is also overbought.
Stop loss and Take profits are on the chart.
This will be affected by major economic news.
Stay updated.
EurCAD sell this week SL above previous high of last weekWe are expecting EURCAD to sell this week,
A good bearish move to 146.200 price before bullish move... Last week candle end with a reversal candle indicating possible SELL on EURCAD this week... Stop loss should be place above the previous week a little.
Good luck traders.
EURCAD LongHere is a good opportunity to buy guys: Let's se how it will go and plazy out!
I hope I can book you some new profit!
Enjoy it!
EURCADWe looking for buying opportunities as we are still inside the bullish trend we will be looking to form a reversal pattern that will be confirming buys
short I am expecting a bearish market but with few buyers, strength aware of the wicks at the top.upcoming USA session with end up in bearish market
EURCAD - NEW BREAKOUT 📉Hello Traders !
After a Huge Bullish Move, The EURCAD Reached a Strong Resistance Level (1.47460 - 1.47800) and Failed To Break it !
At The Moment, The Higher Low is Broken (Change of Character).
So, I Predict a Bearish Move📉
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TARGET: 1.46665🎯
MAY 8th 2024 - EUR/CAD SHORTOVERALL GAMEV PLAN
* I decided to re-enter in EUR/CAD due to the fact that we reached the highs and a pull back is necessary (I mention re-enter because on MAY 6th I entered in it, but close it at breakeven because I didn't like how the pair moved up)
ANALYSIS IN MY FAVOR
* The pair reached the highs and now it needs to have a pullback in order to continue
ANALYSIS AGAINST ME
* Overall bullish sentiment lately on the 4hr
Below we goAll ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice.
I will try to update my positions frequently.
EURCAD - BEARISH REVERSAL BUTTERFLY PATTERNEURCAD chart in 4h time frame is printing Bearish Reversal Butterfly Harmonic Pattern but there is no any divergence observed yet. But price is at Potential Reversal Zone of this Pattern.
Hence I'm taking short entry with Sell Stop Order on the breakdown of last Higher Low Level with stoploss above at last Higher High level.
EURCAD @ BUYING, Breakout the strong resistance..(READ CAPTIONS)📈🚀 EURCAD Market Analysis: Bullish Breakout and Targets Set! 🎯💼
Forex Traders, a significant update on EURCAD:
OANDA:EURCAD
📈 Bullish Breakout: EURCAD has successfully broken out of a strong resistance level, indicating a bullish continuation in the current uptrend. The pair has also moved past a consolidation range, further confirming the bullish momentum.
📊 Golden Crossover Confirmation: The golden crossover of the 200EMA and 50EMA has occurred, reinforcing the positive trend and providing additional support for the bullish outlook.
🔊 Volume Increase on Buying Side : Accompanying the breakout, there's been a significant increase in volume on the buying side, suggesting strong market participation and backing for the upward move.
🎯 Technical Targets: With the breakout, we are now targeting 1.4830 and 1.4950. These levels are identified based on the continuation of the trend and expected areas of resistance turned support.
📈 Trading Strategy: Maintain a positive outlook on your trades, monitoring the progression towards the target levels. Consider adjusting your stop-loss orders to protect gains as EURCAD advances.
Stay alert and keep a close watch on price action and potential resistance-turned-support levels as EURCAD progresses. Let’s capitalize on this upward trajectory for potential profitable outcomes! 🌟📈 #EURCAD #ForexUpdate #BullishTrend
