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!
✅EUR_CAD price grew again to retest the resistance of 1.4764 But it is a strong key level So I think that there is a high chance That we will see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
H4 - Bullish trend pattern. Strong bullish momentum. Until the strong support zone holds I expect the price to move higher further after pullbacks.
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Hello,Friends! We are now examining the EUR/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.462 level. ✅LIKE AND COMMENT MY IDEAS✅
We got a bearish trend change for EC. Now looking for trend continuation to take a short trade. We got the 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! The 50% retracement and FVG are in line with previous support turned resistance- thus adding another...
HTF Analysis as always - 12M, 6M, 3M & M LTW Entry - 4H & 1H S/R on the D and the W. I see price heading towards 1.50
Hello traders, we want to check the EURCAD chart. The price is moving in an ascending channel, but it has reached a certain resistance level that the price has reacted to several times in the past. We expect this level to stop the upward trend of the price and the price will fall to around 1.46700. Good luck.
OANDA:EURCAD Analysis Pinned two weeks ago A valid trading zone has been activated
(Based on the 1H Curve) -SL3 @ 1.5045 🚫 (conservative) -SL2 @ 1.4910 🚫 (moderate) -SL1 @ 1.4765 🚫 (aggressive) SLO3 @ 1.4750 ⏳ (suggested by P2P INDi) SLO2 @ 1.4719 ⏳ (suggested by P2P INDi) SLO1 @ 1.4695 ⏳ TP1 @ 1.4662 TP2 @ 1.4613 TP3 @ 1.4578 TP4 @ 1.4523 TP5 @ 1.4485 SUPPORT @ 1.4475 Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of...
💵Pair Name EUR/CAD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 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 ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
hello everyone, price has reached major resistance level where price has tested several times including on weekly tf, weekly tf is consolidating but it is slightly toward bearish direction. So I think it made a weekly correction at the moment and price could go bearish.. Good luck
OANDA:EURCAD A short position can be taken on the specified levels There is no position before reaching the surface
The currency is purposefully moving towards the resistance at 1.4728, which plays the role of the upper boundary of the flat. Accordingly, the global trend is downward and the resistance area in this context plays a key role before further decline. Reasons for further decline: 1) Counter-trend correction 2) Liquidity and resistance areas at 1.4728 are strong...
Please, check our technical outlook for EURCAD. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.465. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.467 level. P.S The term...
I see a nice bearish reaction to a key daily horizontal resistance on NZDCAD. After a test of the underlined blue area, the price started to consolidate and formed a horizontal range on a 4H time frame. Its support was violated and for us, it is an import sign of strength of the sellers. We can expect a bearish continuation now at least to 0.83 ❤️Please,...
I see a nice bullish confirmation after a retest of a broken structure on EURCAD. The price formed a falling wedge pattern and violated its resistance on an hourly time frame. We can expect a local bullish movement to 1.4675 ❤️Please, support my work with like, thank you!❤️
Sell after BOS, In small TF trend is bearish If close below target is swing Low