eurcadAccording to the strategy I used, eurcad fulfilled all the rules and I set the SL to be 20pips and the TP to be 30 pips. Shortby caliccilmi111
EUR/CAD SELL ENTRY LOOK HEREIn one day time frame price is at supply zone a good area to sell the market.at the moment all we can do is to wait for price to confirm that now it's good time to sell,By waiting for price to break our previous high low,then we can start to look for sell entry after a pullback complete.follow for more have a good day.Shortby farajamwambagi224
EURCAD: Bulls Will Push The analysis of the EURCAD chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
Heading into overlap resistance?EUR/CAD is rising towards the resistance level which is an overlap resistance that is slightly below the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.48814 Why we like it: There is an overlap resistance level that is slightly below the 61.8% Fibonacci retracement. Stop loss: 1.49977 Why we like it: There is an overlap resistance level that aligns with the 127.2% Fibonacci extension. Take profit: 1.47138 Why we like it: There is a pullback support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets4
EURCAD - The Perfect Flat Correction. 700pip Move Coming!EURCAD is in a nice 335 Flat Correction. Wave A = 3 waves Wave B = 3 waves Wave C = 5 waves. Wave C We are currently in wave C (5 waves). We have seen wave 1, which was a leading diagonal. Wave 2 was a simple abc correction. Wave 3 a strong bearish impulsive move. We are now in wave 4. It's important to note wave C can follow either an ending diagonal format or an impulsive schematic format. In the latter format, wave 4 cannot go beyond wave 1 completion, making our invalidation level 1.48725 for a risk entry. Trade Idea: - Look for an entry with with stops above 1.48725 (Small stops needed) - Hold position to 1.416 (700pips) If we break above 1.48725, it means wave C is in an ending diagonal format. If this happens, we can look for a lower timeframe trendline break or BOS. See below for our last setup: EURCAD 4H - Entry on break of risk trendline for a more confirmed entry Goodluck and as always, trade safe! by WicktatorFX3328
EURCADShorts look good from this daily supply zone. We grabbed liquidity from the previous 4h high and got an entry signal. So I think we could see a nice move down to the equal lows for a 1:3 rrShortby Jsmoove_trades2
Do You Trade Gaps? Here's What You Need to Know!📈 Trading gaps can provide some of the most reliable opportunities in the market—if you know how to handle them. 🔍 What is a gap? A gap occurs when the price "jumps" between two levels, leaving an empty space on the chart. Gaps usually reflect strong market sentiment, news, or low liquidity during off-hours. 💡 Key points to consider: 1️⃣ Types of Gaps: Breakaway Gap: Signals a new trend. Continuation Gap: Often occurs mid-trend. Exhaustion Gap: Marks the end of a trend. 2️⃣ How to Trade Them: Identify if the gap is likely to fill or expand. Use support and resistance around the gap. Always keep an eye on volume—low volume could mean a false move. 3️⃣ Risk Management: Gaps can be volatile! Use tight stop-losses and wait for confirmation before entering. What’s your favorite strategy for trading gaps? Let’s discuss below! 👇by Safaric25
Tarrif tension is over. Buyers are backPrice got at a discount value with a confirmation of buyers entering the trade.Longby dudikushal7110
A Bearish OpportunityThe market has been forming a series of higher highs and higher lows, but with weaker broken highs. An hourly liquidity sweep led to a swift bearish movement, clearing the swing low at 1.47490. Anticipating a flip to level 1.48000 for a bearish entry. Trade Plan: - Entry: 1.48000 - Stop Loss: 1.48500 (50 pips) - Target: 1.45912 (over 200 pips) - Risk-Reward Ratio: Market Analysis: - Market structure: Higher highs and higher lows, with weaker broken highs - Liquidity sweep: Hourly sweep led to a swift bearish movement - Swing low: 1.47490by tokelohomi6
EUR/CAD Daily AnalysisAfter breaking through horizontal support/resistance at 1.4900, price was faced with the rising trendline originating in February. After a pullback and retest of the 1.4900 zone, we have now seen an impulsive drop in price, closing below the trendline. Tuesday saw a retest of the trendline and a rejection, however with the daily candle having a bullish close, we wait to see if sellers can break the low for a further drop in price.by FusionMarkets1
EURCADThe potential sell scenario for the pair this week: The pair is to be monitored as it approaches the designated sell zones on the chart.Shortby charaf_eltrader2211
EURCAD Short updatePrice ended up ripping through the other supply zones I had marked up and stopped at the daily supply zone and is now having a perfect rejection from itShortby Jsmoove_trades2
EURCAD ViEW!!Deutsche Bank has released a matrix of potential market reactions to various US election scenarios, while admitting that its own team is divided and the reactions are highly uncertain. "We see the most bullish dollar outcome as a red sweep and the most bearish dollar outcome on a blue sweep, but the magnitude of the moves is likely larger in the former," the report says. "We see short EUR/CAD and long MXN/ZAR as the two most asymmetric trades in FX heading in to the election."Longby FXBANkthe80550
EURCAD short positionTechnical Analysis: The pair recently reversed from a resistance level of 1.4885 and is likely to fall to the support level of 1.4750.Shortby Lepat_pisang1
DayEURCAD pairs day time frame is indicating that it will form a reversal pattern, two strong resistance zones have been formed and a strong support zone has also been formed, this is my original opinion Resistance 1.48600--1.49500 Support 1.44700Longby khatrikumar19830
Bullish rise?EUR/CAD is falling towards the pivot and could bounce to the 1st resistance which is an overlap resistance. Pivot: 1.4712 1st Support: 1.4708 1st Resistance: 1.5008 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets117
Overlap resistance ahead?EUR/CAD is rising towards the resistance level which is an overlap resistance that is slightly below the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.48814 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.5078 Why we like it: There is a pullback resistance level that lines up with the 88% Fibonacci retracement. Take profit: 1.45564 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets5
EURCAD may enter into may bullish phaseEURCAD may enter into may bullish phase Historically, seasonality data supports a bullish outlook for the EURCAD currency pair. However, the COT report on non-commercial positions does not align with this bullishness, showing a reversal trend against EUR relative to CAD. While CAD exhibits stronger endogenous positive sentiment than EUR, which challenges the bullish outlook for EUR, overall endogenous factors still favor EUR due to a significant rise in retail sales. Conversely, CAD's sentiment is improving due to a notable increase in manufacturing data and number of orders. Overall, a combination of leading economic indicators, along with endogenous and exogenous factors—supported by growth in real GDP aligned with global GDP—supports a bullish stance on EURCAD.Longby ammadbashir14110
update on eurcad,the eurcad buys played out as anticipated. NB : the analyses update on the eurcad sells was based on the potential of market reversing . tp on the iniatial buy was hit , we got out at tp one and sell limits were activated . the sells SL was hit proving the initial analysed based on todays buys was correct. the take away is ; constantantly be pattient and trust your setup . do not make unnecessary analyses and trade updates when market is moving on your direction . eurcad trades ended in break even as the sl was measured on the R:R from the initial profit from the buy tp one . no loses incurred .Longby charterprice112
update on the eurcad trade trade conditions updated due to strong bearish side. overall if in profit , adjust to take profit and look to sell under the following conditions. If price reaches the 1.4630-1.4650 zone and shows rejection (e.g., bearish engulfing candle, break of structure), consider selling near this level. Aim for 1.4550 (previous OB-daily) as the primary target. Place it above the buyside liquidity zone at 1.4665-1.4670. Allow price to reach key liquidity zones before making trading decisions. 1.4630-1.4650 Zone (Buyside Liquidity): This area could act as a significant resistance where price may seek liquidity. you should watch for bearish rejection here. 1.4550 Zone (Previous OB-Daily/Internal Liquidity): This is a critical support zone where buying interest could emerge if the price continues downward. Shortby charterprice1
eurcad pontential buy trade .The chart shows a strong bearish movement overall (downtrend), with some signs of a potential corrective move to the upside (green arrow pointing toward liquidity above). If price remains above the internal range liquidity and begins moving upward, the gap fill scenario could play out, targeting higher levels. If price forms bullish confirmation (e.g., bullish candlestick patterns or breaking a key intraday resistance), consider buying around 1.4600-1.4610. Wait for price action to show clear signs of rejection (bearish) or momentum (bullish) in the identified zones. Check for any high-impact events (e.g., central bank speeches, economic reports) that could affect EUR or CAD pairs. Monitor related pairs (e.g., EUR/USD, CAD/USD) to align directional biases. Longby charterprice0
EURCADThis is a huge downtrend, and after a huge tanking, I am observing some slight consolidations and pull back. speculating to see it tank even more from here.Shortby Trade_ologist1