EURCAD ShortRanging channel
Setup;
1st Step - 3rd touch on resistance based on 4H TF
2nd Step - 1H TF Reversal Candle Pattern
3rd Step - 15M TF CoCH (Change of Character)
EURCAD trade ideas
EUR-CAD Potential Short! Sell!
Hello,Traders!
EUR-CAD is trading in an
Uptrend and the pair is locally
Overbought so after the pair
Hits the horizontal resistance
Of 1.5050 we will be expecting
A local bearish correction
Sell!
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Check out other forecasts below too!
EUR_CAD SHORT FROM RESISTANCE|
✅EUR_CAD has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 1.5050
Price decline is to be expected
SHORT🔥
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EURCAD Key Level Test exampleKey Level Test at EURCAD.
A suggestion to sell.
A signal to SELL or to BUY can occur at any time(up to 16-00 GMT), be ready to trade.
EURCAD SHORT TRADE PLANEURCAD creates higher highs and higher lows. But RSI shows a bearish Divergence, indicating the trend reversal to the bullish side. So we can wait and watch and set up the trade plan. Trade value is mentioned in the chart.
New Key Level formationOANDA:EURCAD
the blue horizontal line above symbolizes a new Key Level.
Resistance Key Level, a.k.a. "KUS1".
EURCAD Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Below MALO (2 Red Color Lines) in 4H and look for possible reentry again (if possible ) in the same direction again
* 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
Lingrid | EURCAD divergence at the RESISTANCE. ShortThe price action has rebounded from the resistance zone and formed a divergence at this level. Currently, the price is testing the key resistance at 1.5000, having recently formed a false breakout by taking liquidity above it. On the weekly timeframe the market reached the supply area where the price bounced off twice. I anticipate a retest of the main resistance before rolling back toward the support level. My goal is the support level at 1.49520
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
EURCAD in bullish trend EURCAD in bullish trend, bearish RSI diversions can be seen sell with a sell stop at breakout.
EURCAD OutlookContext 30m: EURCAD moving very nicely and one of the few bullish 30m context pairs that is trending nicely and showing strength. reaccumulating above the emas and could show some setups tomorrow Friday or next week. Keeping an eye on this forex pair for longs
EURCAD SELL#eurcad
Near the Horizontal resistance and price almost hit the two major vertical resistance of descending and ascending channel. Price has done a Good bullish impulse towards the top high within a channel. And near the mentioned zone chances are higher we may see a good reversal towards the bottom end of vertical channel. Price is moving channel within a channel and expected price may not Break the cluster of resistance and drop towards the vertical support.
EUR/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
EUR/CAD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.495 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EURCADPair : EURCAD ( Euro / Canadian Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
Resistance Level
EURCAD downward trendEURCAD has broken upward trend line and submitted low high and lower low that is an indication of downward movement price is currently in correction mode, short sell entry near the trend line is recommended.
EUR-CAd Long after completing triangleIt seems wave B is rollinhg out as a triangle which after it completed we can expect a strong up move for wave C
EUDCAD Sell opportunityPotential H/S forming but this markert has been on a bull run for awhile.
therefore this would be a counter trend in my opinion.
EURCAD H&S There may be a H&S forming on this pair on the intraday chart.
On chart is a suggestion for a short trade from the neckline break.
Go to lower time frame ie 15 min and check for confirmation of the shorting opportunity.
RR = 1.6
Trading Signal: EURCAD Sell OpportunityWe have identified a promising Sell opportunity for the EURCAD currency pair.
- Direction: Sell
- Enter Price: 1.49598
- Take Profit: 1.49292333
- Stop Loss: 1.49925333
This forecast is generated using the sophisticated EASY Quantum Ai strategy, which analyzes multiple market factors to determine the best trading opportunities. Here are the reasons for this Sell signal:
1. Technical Analysis: Our advanced indicators suggest that the current price level is near a resistance zone. Historical data indicates that EURCAD often reverses from this point.
2. Market Sentiment: Trader sentiment analysis shows a majority inclination towards selling, suggesting bearish momentum.
3. Economic Indicators: Recent economic reports from the Eurozone have been weaker than expected, contributing to the downward pressure on the euro.
Please ensure you implement proper risk management techniques and adjust your trading plan accordingly.
Trade wisely!
EURCAD - In Bullish TrendThis pair is in bullish trend with a weak divergence. A trend line is drawn and chart has tested the trend line on various occasion. Weak divergence may affect the chart to go sideways and the chart has also broken its R1 level. Looking at their indices (EXY & CXY), EXY is is bullish and the latter one is bearish which is an indication of LONG trade option. I have done this analysis on 1H time frame.
The Signal is:
EP: 1.49911
SL: 1.49481
TP: 1.50770 (1:2)
RR: 0.25%
Lots: 0.07
EURCAD Buyers In Panic! SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4943 pivot level.
Bias - Bearish
My Stop Loss - 1.5018
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBearish continuation.
Target - 1.4844
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURCAD: One More Bullish Pattern 🇪🇺🇨🇦
EURCAD formed a bullish flag pattern on a 4H time frame.
The upper boundary of the flag was broken during the NY session yesterday.
I think that the pair has a nice potential to go higher.
Next resistance - 1.501
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new operations in EURCADD In my daily analysis of the EUR/CAD pair, it's clear that we are currently on the verge of a significant bullish breakout. The Euro has reached the 1.49 Canadian Dollar level in the early hours, and it seems to be attempting to break above the short-term resistance we observed.
If successful, the market might head towards the next logical target, the 1.50 Canadian Dollar level. This is a big, round, and psychologically significant figure, likely to attract attention due to options markets and the general appeal of large, round numbers.
