London Session Recap - EURCAD, OILEURCAD Breakout Continuation Signal Day Setup
OIL Trend Retracement Setup
EURCAD trade ideas
EUR/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are going short on the EUR/CAD with the target of 1.480 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
EURCAD 1HI think EURCAD may fall from here, cause after 4H BoS and price is now retesting back so as long as 1.50000 holds as resistance look for 1.48100 as take profit. Good luck 🤞🤞🤞
EURCAD: Growth & Bullish Continuation
The recent price action on the EURCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
❤️ Please, support our work with like & comment! ❤️
EURCAD
OANDA:EURCAD After the price reaches the specified level,
if you see the Bearish hammer candle in the one-hour ( SHORT POSITION),
and if the desired level is broken, after the pullback buy.
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.
EURCAD OutlookAfter Bearish Divergence EURCAD is making new LLs and LHs with 94% sentiments on sell side,
Bearish Flag at current market price is indicating continuation of Bearish Trend.
EUR_CAD RISKY LONG|
✅EUR_CAD went down but
Then a horizontal support
Was hit at 1.4920 and we are
Already seeing a bullish
Rebound so we will be
Expecting a local
Bullish rebound
LONG🚀
✅Like and subscribe to never miss a new idea!✅
EURCAD-3 PUSHESDAILY TMF: 3 Bar candles retracement, expecting 1 day bullish tmr
4HR/2HR: showing 3 Push divergence on Low time frame off the 17 Months Previous low
Bullish , expecting continuation tmr
EURCAD-ShortEURCAD was trading in bullish trend now has reversed with RSI divergence from Resistance,we will take a short trade at the break of HL
EURCAD - 4hrs ( Sell Trade Target Range 150 PIP ) Pair Name : EUR/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
Bearish Break
1.50000 Area
Reasons
- Major Turn level / M
- Channel Break
- Fibo Ext Golden
- Fixed Range Value
- Fibo Time Zone
Bullish Reversal
1.47500 Area
Reasons
- Major Turn level
- Visible Range LVN
- Pattern Target
- Choch Zone
- Quarter's Area
EURCAD I Correction and potential continuationWelcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Eurcad ShortEurCad has reached a resistance zone on the week time frame and has lower R and S pivots.
The 4hr time frame is in downtrend with lower day R and S pivots.
On the footprint we can see buyers absorption , as there was an increase in buying volume and delta but price moved lower.
0.5% risk aiming for 1:1 or 1:2
This is not financial advice. It is my own opinion and analysis
EUR/CAD mini upward wave to 1.51(07/31/2024)Bears are controlling CAD, in fact, there is no reason to be bullish on CAD neither Fundamental nor technical!
EUR/CAD is on a strong bullish bias. CPI data was positive and made EUR stronger.
We are expecting the price to reach 1.51 where the most liquidity has been placed eventually.
Our technical view has been shown in the chart.
If you like it then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Can we see a bearish movement in the price???Price is approaching a key supply zone which I'm expecting to see sellers coming in. Previously sellers came in and left a key orders block which could be tested sooner.
On the Fundamentals, EUR/CAD sell trade is supported by:
1. Canada's strong GDP growth as released in news
2. Eurozone low inflation expectations as released in news on Monday
3. ECB's dovish stance suggesting at further interest rates cuts
4. Canada's rising producer prices as released on news recently should be 2 days ago
Potential impact:
- CAD strengthens, EUR weakens which means sell EURCAD
MerlionFX | EURCAD down then up!overall, EURCAD is trading in an uptrend & recently touched a resistance area. with market sentiment positive towards the Canadian dollar & rise in oil prices, i am expecting prices to make a move down in the short term.
