Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This is for short term And this is risky too. Please DYOR before entering the trade.
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
EURCAD ( Euro / Canadian Dollar ) Description : Consolidation Break of Structure Bullish Channel acting as an Corrective Pattern in Long and Short Time Frame Divergence Completed " 1234 " Impulsive Wave making its Last Impulsive Wave " 5 " Rejecting from S / R Level
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.
Dear Traders, EURCAD has developed a nice distribution cycle when we talk about smart money concept. We have identified a potential area where we can see a nice sell off; our approach on EUR long term is bearish and CAD somewhere stronger currency index when we compare these two. -ENTRY SHOULD BE EXACTLY AT THE OB AREA. -STOP LOSS NO MORE THAN 50 PIPS -TP 200-300 PIPS.
Trade type AAA Reasons for taking this trade: We are longterm bullish hence it would make sense to take buys here. The liquidity pool at 1.43300 has already been filled. 1HR candlestick has closed bullish and its engulfing (the better) We have had the 3 touch move already in which our bias is supported by the liquidity pool as explained above. We are 2 hours past...
Trade type AAA our previous idea: hit the first TP💦 hence confirmation enabling us to get a second entry for the second trade. Reasons for taking this trade: Our first tp was a very sensitive price level hence after hitting that price we have receeived confirmation for continuation by: 1hr candlestick is a bullish engulfing candlestick hence that is good. We...
Price broke through the 200ema and showed strong rejection at resistance zone, also there is a price imbalance around the the 1.428 area. Bias is sell SL 1.4463 or according to your equity TP1 1.4350 TP2 1.4300 TP3 1.4275
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?
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
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
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Hello Guys, Happy Sunday trust you are having a Blessed Day, Let’s Focused on EURCAD Sell Movement so Basically I do not have much to say on this analysis but I would probably advise you to save this picture and wait for it to play out before taking a sell because lot of money coming in on EURCAD. We broke our trend line and price went to a support lvl and what...
Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
In the current situation, according to the negative divergence formed between 3 and the ceiling of the side range, we can expect a decrease to the range of 78.6 Fibo projection of the area of 1.44012, but before that, we have the important resistance area of the pivot point, which must be broken. In the next stage, with the breaking of the pivot area and touching...
Previous price pattern (Double bottom) was respected and price rally up to the resistance level @ 1.46405 tested and validate it to form a double top. I'm waiting for a retracement before the major moves begins. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.