As you all know, this analysis has been done time and time without number right here on this channel and every single time, price keeps delivering massive profits on EURCAD and today is any different !. Our Head and Shoulders pattern got invalidated but that doesn't mean our sell Bias is invalid. New Signal Alert 🚨 EC PAIR: EURCAD (EURO/CANADIAN DOLLAR) SIDE:...
so i take this trade swing for Daily TF for Short The EURCAD currency pair is showing signs of a possible opportunity to enter shorts. FX:EURCAD This zone has been tested thrice before and also strengthened by the strong trend line resistance at the same level. Key market levels 1.4600-1.4620 have held as resistance in the past and we could see another bearish...
We have an ascending channel on the 4H timeframe showing that price has been decelerating as it approached the daily resistance level. We also have bearish RSI divergence. I expect to see a small 40 pip move to the downside.
Eurcad has created a rising wedge and has a strong rsi divergence. In h4 price reached a strong supply area and now I think that price could drop to tha take profit level. Do your own research before investing! Francesco
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What do you think?...Is this complete?....how would you look for confirmations?
Looking at the H4 chart, we are looking for a sell entry at 1.4639, which is a very strong resistance level. If the price were to break through, it could potentially push up to the next resistance level, which is our stop loss at 1.4686. Our take profit will be at 1.4550 which is an overlap support Any opinions, news, research, analyses, prices, other...
✅ EURCAD is moving in a range. The chart continues to move in an uptrend. The price will continue to rise. ✅ 🚀 BUY scenario: long to the resistance area. 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Aggressive Market Outlook! This is not a Signal but a Probable Market Overview. Market Balancing the Imbalance left over in Past. Risk Disclaimer: Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation...
Welcome back! Let me know your thoughts in the comments! **AUDCAD 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...
In this update we review the recent price action in the EURCAD and identify the next high probability trading opportunity and price objectives to target
This week features some key macro events from Canada. The BoC rate decision on Wednesday and Canadian jobs report on Friday will be the highlights. Earlier today we had a disappointing Ivey survey. The BoC is not expected to hike rates further after a total of 425 basis points worth of interest rate rises. The central bank signalled at its previous meeting that...
Hey Traders! Overall market direction is bullish and there is still space for movement about 60 pips before we reach higher timeframe sensitivity, if that breaks we reach further highs if not you bank 60 pips.
Hello traders! ‼️ This is my perspective on EURCAD . After change of character here I am looking for shorts. We can see a rejection from bearish order block, so I expect bearish price action continuation ‼️Attention!!! Due to the fact that we have news events on CAD next Wednesday and Friday, the analysis can be invalidated. Like, comment and subscribe to be...
Hello, Based on my analysis of the chart my idea for EURCAD is: TREND: Bullish ENTRY: 1.43360 TARGET:1.46294 STOP LOSS: 1.42274
Market is pushing upwards giving a bullish push. Seeking to get some rejection for another long position if price action warrants a continuation of bullish push for about 100-150pips from possible demand zone.
My long term forecast for EURCAD over the next couple of months. We've got a clear H&S forming at a peak level with price failing to break above. Should this chart pattern be formed and price close below the neck line, we should see a nice trip back down south.