supply and demand liquidity grabafter the liquidity grab during asian session . market grab liquidities at ny session and now goaing into above supply
EURCAD trade ideas
EURCAD | Short D1 | Market Exec |Oil Over EuroTechnical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions.
- Price action is at last month's Resistance Trendline
- Price action is in a Consolidation zone
- Targeting the 38.2% Fibo retracement
Fundamental Confluences for Trade:
- ECB plans to cut interest rate next month would weaken the EUR
- Oil price should sustain with all the ongoing geopolitical risks; supporting CAD economy
Suggested Trade:
Entry @ Area of Interest 1.4760 - 1.4790
SL @ 1.4820
TP 1 @ 1.4709 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.4664
Risk-to-Reward @ Approx. 2.34 (Depending on Entry Level)
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✅EUR_CAD WILL KEEP GROWING|LONG🚀
✅EUR_CAD is trading in an uptrend
And the pair was making a bearish correction
But is now about to retest a horizontal support level of 1.478
From here I am expecting the pair to go up
LONG🚀
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EUR/CAD still bullish but..EUR/CAD still bullish on internal own canal line but in 1.47820 zone has support Needs to retest that zone + clear liq 1.495-490 be patient
EURCAD: Bullish Accumulation & Breakout 🇪🇺🇨🇦
After quite an extended bullish accumulation within an ascending triangle formation,
EURCAD bounced yesterday and violated its resistance.
It opens a potential for a further bullish continuation.
Next resistance will be 1.486
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DeGRAM | EURCAD has grown between the trend linesEURCAD is moving in an ascending channel between the trend lines.
The chart has successfully confirmed the dynamic resistance line four times.
The pace of movement has slowed down near the upper boundary of the channel.
We expect a pullback upon reaching the channel boundary.
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view on EURCAD1.EURCAD already retested from the trendline Liquidity.
2.EURCAD still on the Resistance zone and hasn't broken yet. once its broken the resistance we may take Long.
3.If EURCAD broken the support zone we may take a short after the retracement.
EURCAD- ABCD Harmonic PatternEURCAD is making ABCD Harmonic pattern on 1h Timeframe. At point D there is a possible reversal one. Trade will be valid only if there is bearish divergence on RSI at point D. Wait for confirmation to enter in the trade.
EUR-CAD Bullish Breakout! Buy!
Hello,Traders!
EUR-CAD broke the key
Horizontal level of 1.478
And the breakout is confirmed
So we will be expecting
A further move up
After the potential pullback
Buy!
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Eurcad bearish forecast I think eurcad reversa trend is going to start soon just waiting for sell conformation
EURCAD - LongLooking at EURCAD, it's in a 4 hour FVG, I'm bullish on the pair. Not looking for any entries until CPI news is over.
Take a bowAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
I will continually update all trades.
Two analytical ideas related to DXYEsteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
Bearish market scenario
Bullish scenario
EURCAD- SHORTThere is a clear trendline on the 4hr chart and a clear LH and HH, so I believe we could find a 50pip worth of bearish movement to the downside, if the market breaks the trendline the bearish momentum will continue.
Will EURCAD pop higher?EURCAD EASYMARKETS:EURCAD
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EURCAD LONGPRICE REJECTED FROM A DAILY Bullish Order Block.
Price has formed a new higher and close about the previous swing high. Confirming a market structure shift towards upside.
Entering into H1 TF, looking for extreme lower PD Array in discount zone to enter the market.
Setting a buy order at order block
✅EUR_CAD SHORT FROM RESISTANCE🔥
✅EUR_CAD surged again to retest the resistance of 1.478
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
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CATCHING THE HTF MASSIVE SELL CONTINUATION ON EURCADEURCAD has a weekly bearish structure and we see a nice sweep of buy sides liquidity on higher time frame... Just right after this sweep we got nice bearish confirmations showing that institutions are possibly ready for a sell program on HFT. Enjoy the green promising ride traders
EURCAD The Target Is DOWN! SELL!
My dear friends,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4767 pivot level.
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 - 1.4715
Recommended Stop Loss - 1.4800
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.465 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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