Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EUR-CAD is breaking the falling resistance After retesting the horizontal support AT 1.38800 Will retest the broken line now From where I expect husband To go up to retest the main level above AT 1.42107
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
Pull from Daily Demand 1.39000. We are expecting that it will go to the Supply Level 1.43937. Then we can re-sell from the Daily Supply 1.43937 using Confirmation in Low TF, We expect for sell because this Supply Level 1.43937 removes the Demand Level 1.42100. so we can say that the Supply Level 1.43937. is Strong. We can Buy EURCAD in low TF till the Supply Level...
In Weekly TF market is still expected to Bearish, We can sell long from Weekly Supply 1.44271 to Weekly Demand Level 1.32512 .The reason of bearish in market is that market break the Demands Level 1.43633 and the Demand level is retested and this Demand level 1.39067 is Weak, so we will use confirmation to buy from this current Demand 1.39067 to Weekly Supply...
EUR-CAD is trading in a falling channel And the husband re-tests Channel support level and horizontal support at 1.392 I think it's followed by a bounce from existing areas By the bullish correction is possible So we will be waiting for the reversal signs To be able to enter a long trade BUY
The first 2 consolidation leads to a massive short and we can see that the third consolidation latest weekly candle MIGHT close below the Market Structure Low (MSL) which was formed on 24/01/22 (daily chart). If is does, price will most likely short towards the next MSL which is 1.37839.
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Price was in a strong bullish momentum in January and beginning of February 2022. Price got rejected at the December 2021 high and began to consolidate in a bullish flag formation. Just at the start of this week we saw price breaking out of the flag pattern. I expect price to rise with the possibility of reaching 1.461. Traders, if you enjoy this idea please do...
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
I'll be expecting this pair to long towards 1.50200 as price has reached the neck of the double-bottom. In addition, the second bottom of the double-bottom is a third test of the major support level which started in Feb 2020, which rejected price all the way to 1.59963 (17,305 points).
EURCAD is forming a downtrend channel. Price is forming a final sub-wave 5 of wave (5). In my previous idea, I have mentioned that, If the price breaks down channel C, the following targets for Wave 5 will be 1.4313 - 1.42520 - 1.41652- 1.41156. Price reached all the targets of wave (5). Click Here to check the previous idea: Currently, the price is heaving...
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
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
After breaking the set level, the price drops to the previous floor by 150 pips. Also, R:R = 2. Are you agree?
According to my analysis this currency pair inshallah move bearish for the upcoming week 1-Strong nice downtrend 2-Nicely repeating its key levels towards downtrend Note: For bearish move it is suppose to hold trend line
#EURCAD Hello trader, I hope are good and safe. Today I opened the chart of #EURCAD for 15 MIN and analyzed it then I see that this chart has made a DOUBLE TOP PATTERN, So I hope #EURCAD will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..