EURCAD SELL SETUPEC broke structure and even closed with a bearish engulfing on the weekly. Also here on the daily we have a nice close below structure. I'm looking for continued sells on the pull back or retest!
EURCAD.PRO.OTMS trade ideas
EUR-CAD Will Grow! Buy!
Hello,Traders!
EUR-CAD is trading along
The rising support
And the pair is about to
Retest it and after that
We will be expecting
A local bullish rebound
Buy!
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EURCAD - Potential short idea !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look only for short position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone.
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EURCAD Analysis Across Multiple Time FramesIn the weekly time frame, EURCAD is forming a bullish flag pattern and appears to have been in a distribution phase for some time.
On the daily time frame, EURCAD is following a bullish trend line and is currently near the bottom part of this trend line.
In the hourly time frame, the trend has been bearish, but it shows divergence, indicating a potential shift to a bullish trend. Based on this analysis, we will take a trade with the following parameters:
Entry Point: 1.47542
Stop Loss: 1.46847
Take Profit: 1.48450
EUR_CAD POTENTIAL LONG|
✅EUR_CAD is trading along the rising support
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above at 1.4720
LONG🚀
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EURCAD ONE MORE SELL OPPORTUNITY Breakout and Rejection on Retest= SELL Opportunity
Follow risk management
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EURCAD: Your Trading Plan Explained 🇪🇺🇨🇦
EURCAD looks quite exhausted after a strong bearish movement in the morning.
The price is currently testing a key daily support.
I think that the price may pull back from that.
Your confirmation to buy will be a bullish breakout
of a neckline of a double bottom pattern on 1H time frame.
An hourly candle close above 1.4723 will confirm a violation.
A bullish movement will be expected to 1.4745 level then.
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EC is oversold presenting a long opportunityAfter a few days of heavy selling, EC is presenting a long opportunity.
EURCAD: Trading Signal From Our Team
EURCAD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry Level - 1.4718
Sl - 1.4679
Tp - 1.4792
Our Risk - 1%
Start protection of your profits from lower levels
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shortprice testing drop base drop and significant support and resistant on timeframe h4 and make setup candlestick revearsal pattern. its time to sell
EURCAD: Long Signal with Entry/SL/TP
EURCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURCAD
Entry Point - 1.4816
Stop Loss - 1.4792
Take Profit - 1.4856
Our Risk - 1%
Start protection of your profits from lower levels
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EURCAD: One More Oversold Pair 🇪🇺🇨🇦
One more EURO pair that looks oversold to me is EURCAD.
The price formed a triangle pattern on an hourly time frame.
Its resistance was broken and an hourly candle close above that.
We may see a correctional movement now.
Goals: 1.4790 / 1.4803
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EURCAD - Long ?IDK if im wrong about this analyse but im gonna follow my idea.
feel free to coment your opinion.
EURCAD: EURO is weakening with French ElectionsHey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.48000 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.48000 support and resistance area.
Fundamentally the EURO is weakening with the French election risk.
Trade safe, Joe.
EURCAD - Bearish ContinuationContinuation Pattern with Bearish trend. Cup and handle pattern. Entry at Fib level of 0.38 on retracement.
What if price goes up to Sell ZoneAnticipating a further decline when the price reaches the selling zone.
SELL EURCADI have noted a retracement on the hourly chart and followed it through. We have only just broke a very important support zone and I am hoping the price will continue going down. I'm looking to place the SL at the retracement area.
Thanks
Don
EURCAD Sell Breakout, 1hrEURCAD is in an overall uptrend but we can still profit from those selling opportunities.
We have a uptrend in the 1hr timeframe which has broken out of its trend making opportunity for sellers to be in control. We have a very strong resistance at 1.48240 where our retest was made with a double confirmation Horizontally and vertically.
Therefor we can conclude that a break below of our previous LL is could push lower to 1.47160
EURCADPrice Action Trading
Daily Bias Bullish.
Price retraced back into Daily Support level where price have not broken through. Once arrived at the support level, H4 candles rejected from that level and broken a H1 horizontal level and bearish trendline.
Set long trade at broken resistance level targeting Daily Swing high 1:3 RR
High Risk trade.
EURCAD - Sell StopEURCAD - Sell Stop
EURCAD has a 92% short sentiments of forex factory. The chances are that when the price breaks the previous higher low, it will continue a downward trend.
Bearish reverse off 38.2% Fibonacci resistance?EUR/CAD is rising towards the pivot and could potentially reverse to the support which has been identified as a pullback support.
Pivot: 1.48381
1st Support: 1.47755
1st Resistance: 1.49088
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