EURCAD has been correctively moving within an ascending channel which in nature is considered a reversal structure. Price is moving towards a double top area of interest which I'm monitoring for a short opportunity. Follow your trading plan to find an entry that meets your criteria. Thanks Trade Safe
EURCAD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
THE Euro has been trending UP against the Canadian Dollar for sometime, and will soon hit its resistance level. From here I'm expecting the market to reverse and continue down trending, as the bigger picture timeframe suggests. Soon the Euro will be ready to short at around 1.445. GOOD LUCK! OANDA:EURCAD
Hello,Traders! EUR-CAD went up to retest The horizontal resistance So after the retest I think We will see a local move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Head and shoulder formed from a support level, will look for an entry for long if price breaks the neck line in confluence with breaking the psychological level of 1.4400, to target 300 pip
H4 - Bearish trend pattern. Currently it looks like a correction is happening. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
Hello,Traders! EUR-CAD is trading in a Local uptrend and the pair Is about to retest the key Horizontal level so I think That we will see a rebound And a move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
We have a support zone under price and after a little correction price can move up to tp1 .
✅ EUR CAD is trying to gain a foothold above the support level. The chart has successfully bounced off the support area. The price will continue to rise. ✅ 🚀 BUY scenario: long to 1.445. 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
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.
Due to the previous fall in EURCAD chart and the way it's coming up, We could see that the buyers don't have much power. also there is a time divergence plus a hidden divergence in MACD, We could expect another fall in its chart. . . what is your idea about this chart?
Hello traders! ‼️ This is my perspective on EURCAD . Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. We are near the point of interest, I wait price to fulfill the imbalance and to reject from bearish order block to open a short position. ‼️Attention!!! Due to the fact that we have news on CAD upcoming week,...
Hello traders, we want to check the EURCAD chart in the 4-hour time frame. The price is moving in a range channel and when it has reached the bottom of the channel, it is making a price correction in a downward channel and has reached the key level of 1.44000 We expect the price to continue its downward trend and test the bottom of the range channel again and fall...
good momentum position for some sells here on eurcad
Pair : EURCAD ( Euro / Canadian Dollar ) Description : Rising Wedge in Long Time Frame acting as a Corrective Pattern and Rejecting from the Upper Trend Line Divergence Break of Structure Bearish Channel and Rejection from Upper Trend Line Completed " wxyx " Corrective Wave Breakout of S / R Level with Retracement
EURCAD is approaching a solid horizontal resistance cluster. The price formed a double top, testing that. Its neckline was broken then. I expect a bearish move to 1.4333 / 1.4319 levels now. ❤️Please, support my work with like, thank you!❤️
💲Pair Name : EUR/CAD 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↘️ Short After Break ) Type : Mid Term Swing ——————————— Bearish Break...
Pair Name : EUR/CAD 📉Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : / Short ➕ Educational —————**- 🔰 Update - VIP Opportunity ———— 🔰 Down + 70 PIP. Target Hit ( 1 ) Account Growth 5 %