eurcad bearish setupprice has taken liquidity and looking for a bearish run to 1st target 1.48. Price should close below yesterdays low today for this confirmation
EURCAD trade ideas
EURCAD • SHORT TF H4#EURCAD • SHORT TF H4 ,
The trend continues, the nearest support level according to my calculations TP = 1.4846
EUR_CAD WILL GROW|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 1.5091
LONG🚀
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IDEA EURCAD LONG POSITION Pair : EURCAD
Position : LONG ( BUY )
Entry Price : 1.50360 STOP LOSS @ 1.50150
TP 1 @ 1.50580
TP 2 @ 1.50760
TP 3 @ 1.51200 ( Trailing SL
Could EUR/CAD drop from here?The price has reacted off the pivot and could potentially fall to the 1st support.
Pivot: 1.51181
1st Support: 1.50414
1st Resistance: 1.52059
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Eurcad buy position runningYou can buy eurcad.because its in support range.
Eurcad long
Buy:1.50447
Target:1.52065
Pips:161
EurcadI thought I posted this trade here but I did on my group and we are almost on tp we have been on this trade for 4 days
EURCAD: Forecast & Technical Analysis
The recent price action on the EURCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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EURCAD - BULISH BIAS I’m optimistic about a continued bullish run in the EUR/CAD pair. However, always watch for signs of reversal near resistance levels and use proper risk management. If the price breaks the 1.50353 support level, we might need to reconsider the bullish bias. Keep an eye on these levels as we head into the next trading sessions.
Here are the specific price levels for the targets and zones:
Support Level: 1.50353
Resistance Level: 1.52152
Initial Support Zone (highlighted in blue): Approximately between 1.50353 and 1.49952
Potential Target Zone (highlighted in green): Approximately between 1.50800 and 1.52152
#SalahudinSomali #Fxtrading
EURCAD - Bullish from here?FX:EURCAD is in a bullish trend on higher timeframe. Price has found support 0.786 level following a deep retracement. Lower high on one hour has been broken and currently being retested!
EURCAD Bullish if respects the uptrend support 4 h chart shows price supporting the uptrend the Green line! Currently the price at the support green line! Entry is possible only above the non trading zone ! Incase price breakdowns the green line avoid entry for short in non trading zone ! Have a profitable Trade!
EURCAD Supply Demand Long IDeaSee Chart For Analysis
HTF:
-Price inside HTF demand
-Trend on HTF = uptrend
LTF:
-Price broke downward ML
-Price removed opposing pivot zones
-DBR demand created
EURCAD - Long after BOS !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. We have here hidden divergence and on H4 regular divergence, so after BOS I will open a long.
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EURCAD-BULL FLAG BUY1W: Formed a week of Test Reject of the previous 1 year and 2 year Previous High
Note that the wick will normally appear as a flag on small time frame.
-On weekly time frame it appears as First close Below the SMA
-On 2days it appears as 1-2 RTM (Taylor trading Technique)
-Note also 1 day it have a Holy Grail set Up Famous from Linda Raschke Street Smart
So , we are looking a Bullish Play, critical level for entry is 2 days Previous High
EURCAD 1WThe price hitting the resistance area, 1.52000 rand number, R1 weekly and R1 annual pivots, will cause the price to fall further.
EURCAD Possible Long Position BBMA OA ZONE ZERO LOSS4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
Long after the stop hunt1.50 is a massive support zone. Aggressive buyers have been taken out earlier. Now we have an opportunity for a long trade. A wider stop can be considered for conservative traders at the expense of lower reward.
GBP/AUD Short, NZD/JPY Short, USD/CAD Short and EUR/CAD ShortGBP/AUD Short
Minimum entry requirements:
• If area of value tapped into, risk entry after a 1 hour rejection from it.
NZD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Price at key supply levelBased on previous times we can see this level is a key and well respected supply zone. Price consistently behaves the same way when reaching and then dipping below. We can also see a big wick, giving further indication that the sellers are stepping in driving price down. I caan see a 100 pips here for the taking on a sell possibly more.
EURCAD1.EURCAD is on a major uptrend.
2.The trend is forming higher highs and higher lows.
3.The price made a touch on the vertical support trendline, which made a rection from that vertical support trendline, leaving us with a clue for buyers.
3.The price formed a reversal pattern near the vertical support trendline, that is good enough for us to conclude dor buys.
BUY EURCAD
EURCAD Long IdeaMarket broke out of a SnR zone that as been rejecting price on the weekly time frame.
Market broke a resistance zone came back to retest it creating a demand zone. Now market is pulling back into the demand zone at 0.5 fib level and a round number @ 1.49 where buyers can push the market back up.
We will wait for BULLISH CANDLESTICK CONFIRMATION before going long from the zone.
If this zone fails to hold then the next zone to watch out for will be at 0.236 fib level
EURCAD..LONGOANDA:EURAUD
After the price reaches the specified level,
Enter the buy deal with the Hammer candle or Ingulf candle signal
Consider your risk management before entering a trade.
This analysis is for informational purposes only and does not constitute investment advice.
All consequences of using this signal are at your own risk.
