A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward...
Hello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the...
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
H1 - Downtrend line breakout. Bullish convergence. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. I am biased for taking the recent low once again before giving a bigger correction upside. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do...
Round 2, Fight! Result Round 1 see here: After my first EURCAD short hit the target and the EURCAD made a nice retracement to the upper edge of the range, I basically enter the same trade again: I split the trade into 2 positions: I short the EURCAD once here directly and at the same time place a limit order at the current range high of 1.51000. I place...
The ECB is (once again) on the wrong track: It is stubbornly sticking to its hawkish view and justifying this with the fact that inflation in the euro area will remain stubbornly "sticky" and will probably not reach the target range of 2% until 2025. The ECB is wrong (once again), as inflation will hover around 3% as early as December 2023 and reach the 2% target...
Entry : Price broke through the trend line and the swing high of trend line. Will be looking to take longs from the bullish zone if the market taps it. Stop Loss : Will be below the swing low. Take Profit : TP1 will be at the bearish Zone, TP2 will be at the High.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello Traders! This is my forecast for EURCAD H1. I expect the price to take the OB level after that, I will wait for a short trade confirmation as I see the structure continuously bearish. Wait for confirmation! Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hi fellow traders, EURCAD is ready to drop lower from the blue box after completing the WXY correction. Target the 1.43800 level and move your stoploss to break even as soon as we hit the grey 'risk free zone'. The trade will be invalidated if we break higher out of the blue box. Good luck and trade safe!
H4 - Bullish trend pattern. Strong bullish momentum. Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURCAD: With today's data release potentially impacting EUR, consider positioning for a pullback.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR-CAD is going down now But will soon hit a horizontal Support of 1.45667 from where A local bullish rebound Is to be expected !
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.