The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to...
Hello,Traders! EUR-CAD has reached a Horizontal resistance level Of 1.4779 and the pair is Locally overbought so I will be expecting a Local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_CAD is going up now But a strong resistance level is ahead at 1.4780 Thus I am expecting a pullback And a move down towards the target at 1.4748 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Price is on a major resistance as you can see on the chart, RSI is also overbought. Stop loss and Take profits are on the chart. This will be affected by major economic news. Stay updated.
All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice. I will try to update my positions frequently.
EUR/CAD: A Short-Term Trading Scenario Price broke out from a small structure indicating an increase in the bullish momentum. 4 hour chart is still dominated by a bullish trend rising the chances for further growth. Be careful as the risk is high considering that the Economic calendar is empty and the market may not move too much. A decrease in the bullish...
We looking for selling opportunities as we are below the resistance zone resulting in sells
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Next week on Friday we will see results of Unemployment...
EURCAD triangle formation, the price consolidating between support and resistance zones about 2 months
Hello You can see the EURCAD chart, which, according to the previous analysis, was able to touch the target beautifully and with minimal loss
EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal. Trade Plan: Short Entry: 1.46732 SL: 1.47302 TP1: 1.46162 TP2: 1.45590
📈🚀 EURCAD Market Analysis: Bullish Breakout and Targets Set! 🎯💼 Forex Traders, a significant update on EURCAD: OANDA:EURCAD 📈 Bullish Breakout: EURCAD has successfully broken out of a strong resistance level, indicating a bullish continuation in the current uptrend. The pair has also moved past a consolidation range, further confirming the bullish...
Hello You can see the EURCAD chart in the one-hour time frame In my opinion, the best entry point is at the price of 1.46637, observing the loss limit of the specified area
My dear friends, My technical analysis for EURCAD is below: The market is trading on 1.4677 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4644 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Sell this pair , liquidity grab on HTF and down we go. Benn following this pair for quite awhile.
Price of EURCAD is inside a Daily FVG. there has been a liquidity sweep and a change in the state of price delivery. Now we expect to see higher prices up to 1.4780. hopefully, the NFP news will fuel this price movement.
I think eurcad reversa trend is going to start soon just waiting for sell conformation