EURCAD.PRO.OTMS trade ideas
Bullish bounce?EUR/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 1.47874
1st Support: 1.47379
1st Resistance: 1.48459
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EUR/CAD For Bullish after pull-backwait for finish pull-back and then go long
- General Trend is Up
- wait for creating higher low at green arrow or price action between fibo levels 50:61
- RSI say its overbought price mean pull-back will start
have fun :)
EUR_CAD WILL GROW|LONG|
✅EUR_CAD is going up
And the pair broke the key
Horizontal level of 1.4784
Which is now a support
And the breakout is confirmed
So after a potential pullback
We will be expecting growth
LONG🚀
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EURCAD Technical Analysis! SELL!
My dear followers,
This is my opinion on the EURCAD next move:
The asset is approaching an important pivot point 1.4821
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 - 1.4783
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURCAD A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the EURCAD next move:
The instrument tests an important psychological level 1.4776
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.4729
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
BosWhere ever there is break of structure there is liquidity creation, there for the make will sweep all order blocks and return where the movement started
Euro Inflation Data And Its Impact On EUR FX | Analysis Pre NewsRed tag Euro events are about to occur.
This may move Euro pairs, should the reading be higher (bullish) or lower (bearish).
Euro strength lately has been reflective of current ECB sentiment, so it will be interesting to see the Market reaction.
We can study technical levels, as well as the Fundamental impact(s) of such events.
EUR/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.473.
✅LIKE AND COMMENT MY IDEAS✅
EURCAD Trading Signal Alert - Direction: BuyDear Traders,
We have identified a promising opportunity in the EURCAD currency pair, and we recommend opening a Buy position based on the following parameters:
Enter Price: 1.47486
Take Profit: 1.47641333
Stop Loss: 1.47300333
Our forecast suggests a favorable upward movement for EURCAD, supported by several key factors:
1. Technical Analysis: The pair is currently showing a strong bullish trend on the short-term charts, with consistent higher highs and higher lows. The current market price is approaching a significant support level, indicating a potential bounce back.
2. Fundamental Analysis: Recent economic data from the Eurozone has been positive, with better-than-expected GDP growth and improving investor sentiment. Meanwhile, the Canadian Dollar may face downward pressure due to recent declines in oil prices, a key export for Canada.
3. Quantitative Factors: According to the EASY Quantum Ai strategy, there are clear buy signals generated by the algorithm, which takes into account recent price movements, volatility, and historical performance patterns.
We believe that these combined factors justify our Buy recommendation at the enter price of 1.47486, with a take profit target of 1.47641333 and a stop loss set at 1.47300333 to manage risk.
Happy Trading!
Disclaimer
Please remember that trading carries risk. Always ensure to do your own research before making any trading decisions.
EURCADhi everyone
i see this pair , look like a bullish continuation !
and i found another bullish divergent
this is pure technical analysis guys.
and look like have a wedge pattern and already break the resist !
so , what do you think guys?
disclaimer
this is not a signal
be smart
EURCAD - In the supply zone. Short!EURCAD is in the supply zone, in an overall bearish weekly timeframe. We are looking at a potential 1:3 R/R with position trading.
Trade Idea:
- Watch for a bearish candlestick price action on a lower timeframe
- Once entered, SL should go above the highs
- Targets: 1.42899
What do you guys think?
Goodluck and as always, trade safe!
EURCAD, will the price close the gap?It looks like the price has broken out of the ascending channel and performed a retest. The main target is for the price to close the gap.
SL: 1.47686 (35 pips)
TP: 1.46636 (+2)
EURCAD Bullish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist EURCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 3h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
EurCad could visit recent lowsAt the beginning of last month, EUR/CAD tested the waters near the important 1.5 level.
Sellers entered the market, causing the pair to drop to 1.46.
A normal correction followed, and at the time of writing, the price is 1.4750.
The 1.48 level serves as significant horizontal technical resistance, and the recent rise appears to be a corrective move contained within a flag pattern.
All this suggests that a new leg down is probable. I am looking to sell into rallies with a 1:3 risk-reward ratio.
EUR/CAD H8 AnalysisPrice is clearly moving in an uptrend and has pulled back to the 20EMA (blue line) with a bearish close. There is potential for price to find support here and buyers to start entering the market again with a view to creating a higher high in the trend.
Symmetrical Triangle on EUR/CAD showing strong upside once breakEUR/CAD has been forming a large Symmetrical Triangel since April 2023.
And now, the price is moving towards the apex.
Once we get a strong breakout above we could see the EUR/CAD rally big time up to EUR 1.5810
First we wait then it breaks!
EURCADEURCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
EURCAD: Classic Bullish PatternThe EURCAD currency pair has formed a significant inverted head and shoulders pattern on a short-term chart.
We've seen a confirmed break above the neckline, with a 4-hour candle closing above it.
This suggests a potential continuation of the uptrend, with the next targets being 1.4810 and 1.4848.
EURCAD BUY NOW!!!! DOUBLE CONFIRMATION ON BUYSFirstly EURCAD made a breakouts and a retest price is heading towards the buyside to sweep or run liquidity at 1.49333 before a price drop Secondly arc pattern spotted and price is making a possible price retracement at 1,47500(fvg liquidity level) for another buying opportunity
Am in on buys tell us your views or take on this.................
EUR/CAD 1HR // 09 July 2024 AnalysisEUR/CAD has given us another opportunity, looking at the 1HR timeframe, we can see a downtrend with 2 previous touches and a third touch.
Price has also rejected from the marked area of support/resistance.
A good target would be around the 1.4700 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Sell Opportunity EURCAD Wyckoff pattern at play on EURCAD. I would like price to reverse down to 1.45 as we can clearly see price retests resistance after false breakout.
