I think EURCAD will go up as clearly described on the chart. My entry, take profit and stop loss are clearly marked as well. Disclaimer This publication is financial advice but strictly for educational purposes only.
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.
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, 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.
i am expecting EURCAD down because of its liquidity zone is available on its resistance level
In EURCAD, i am short in D1 because there is an POI available and i think that market will fall from here till unmitted POI
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: The trend is bearish side but forms a lower high 2 📆Monthly: a clear downtrend in monthly, but the current price is in a correction phase also taps there recent FVG and continues to upside 3 📅Weekly: inducement and Change chrecttor 4 🕛Daily: clear uptrend also fill out their targets new market may...
EURCAD LONG at 4h TF Entry at CMP TP: 1.42259 SL: 1.34226
26th & 27th daily bars formed two bar reversal for short. after two bar reversal formation each daily bar did not breach previous bar high, even breached low. supply zone for short 1.3430-65, stop loss: 1.3480-90, target: 1.3240.
Hello traders! ⁉️This is my analysis on EURCAD . Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional mid figure 1.36000. My target is imbalance from 1.32640. Upcoming week on Friday we have news about Unemployment Rate on CAD, that is...
It is currently trading at a very important level, so you might want to wait because 1.33900, which was previously a strong support, will now become a strong resistance + trend resistance line. If today's candle can be broken resistance level and closed , maybe long trading plan can be made.
Structure from the price always be a continuation and consolidation. In this case from the EURCAD in time frame, 4h price still in consolidation and waiting for confirmation price will be continuation for falling down or will be bouncing up to the top. in my opinion, this EURCAD will be falling down like what happened before, the chart already makes a flag pattern...
1.3290 strong resistance broke. 20th september daily absorption bar. demand zone 1.3290-75, stop loss 1.3230, target: 1.3440.
EURCAD 4h Has formed strong bullish price action. Currently, price is in a local uptrend as there is a monthly resistance coming up, It is highly likely that EURCAD will continue to rise to test this previous monthly support as resistance. On 4h timeframe, EURCAD has created a bullish engulfer on the support level in the last session signaling the further rise. On...
🔰You can see the analysis of Euro to Canadian dollar in the four-hour time frame (EURCAD _ 4H)🧨🧨 💥As it is clear from the picture, it can be said that the price has a Range behavior❗🧐 If the black🖤 ascending trend line is broken and the price stabilizes❗ below this line and then the price pullback❗ to the trend line, we can expect the price to fall to the first...
EURCAD has retested a local Horizontal resistance level at: 1.32305 And we've already seen some Bearish reaction so a further Move down is possible
EUR-CAD broke the rising trend-line Then went up to retest the broken level and horizontal resistance at 1.31223 From where I am expecting a local bearish reaction And a move down to retest the target below 1.28979
EURCAD $EURCAD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.