My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.4350 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.4413 Safe Stop Loss - 1.4317 About Used Indicators: A super-trend indicator is plotted on either above or...
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FX:EURCAD is in consolidation of the "symmetrical triangle" format. When one or another line (resistance or support) is broken, an impulse may be formed This pattern, indicated on the chart, does not have a clear further direction, as it is a consolidation and the price breakout of one of the borders of the figure will determine for us the further direction in...
Preferred direction: BUY Comment: The US dollar strengthened against the general background and against the Canadian. Now the price is at the level of 1.36545, which most likely foreshadows further strengthening of the buyer. It is excellent to take a long position from this level; one can comfortably place a stop under the level and, in case of a stop loss,...
On one week consolidation in pass price broke uptrend downwards, then retest to HL then dropping to creat LL on week chart. long term trade on sell idea
Hello,Friends! We are going short on the EUR/CAD with the target of 1.437 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 im looking for sells as its stop it hunt previos sellers aleady and structurly shifted to dwon side in small tf ,,wait for proper confirmation before in
#EURCAD UPDATE Hey traders, hope you are enjoying your trading journey and also our trading analysis. Today Anna's team is going to share an updated analysis on #EURCAD. In the HTF, #EURCAD was falling from so long. Now as you can see that it had been done the change of character, which is the symbol of trend reversal. We had three important zones here but,...
EURCAD - Elliott Wave Count EURCAD - The market appears to be in correction. minor degree wave C is expected to start to complete Wave B and then the price is expected to decline with wave C/Y. Once the WXY correction is completed we can expect the next impulse up move. Please note that this information is for educational purposes only, and it is crucial to...
Hello,Friends! EUR/CAD is making a bearish pullback on the 3H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.448 level. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: The Canadian is also prone to fall against the dollar. At the moment, the price is trading at the level of 1.36545, and given this fact, in the near future the price may fall a little further below the level, in the form of a breakout. A deep potential false move down is not expected. The purpose of the purchase here will be...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.44100 zone, EURCAD was trading in an uptrend and successfully managed to break it out. currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
Hello Everyone 🙋🏽♂️ A head & shoulders pattern with a descending channel set the stop loss 1.44692 and take profit at 1.35600 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to...
Watching the level to break above or comeback down. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me...
Hello traders, we want to check the EURCAD chart. The price is moving in a downward trend and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price and the price will fall to around 1.43300. Good luck.
✅EUR_CAD is going up now But a strong resistance level is ahead at 1.4500 Thus I am expecting a pullback And a move down towards the target at 1.4421 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
classic trading 101 break and retest on this pair, A sell confirmation is all is needed