I am gonna go SHORT as it tested 4H RESITANCE ZONE and getting REJECTED.as i always have H TWO ENTRIES my second entry has not been confirmed yet.! BLACKBULL:EURCAD
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!
The pair is showing bullish sequences in the cycle from the August 2022 low. Our goal is to reach 1.4921 again. We recommend to avoid selling but keep in mind that we are facing a strong support level at 1.462. If it gonna break that level it could reach a level at 1.4497.
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!
I have a sell stop at the break of the previous 1HR lows. We can see price has come into 1.49000 perfectly and rejected. We all already in a confirmed downtrend using the 20EMA & 50MA as confirmation. My target will be EUR/CAD making new lows.
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.
Reasons for selling: Trendline breakout Risings wedge breakout Key level breakout Change from bullish to bearish market structure. The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities inline with the bearish higher time frame trend.
Weekly-Bullish Daily- Bullish 4H - Bullish Confluences 1. Break and retest of major key level 2. Break and retest of trendline Take profit 1 - 1.47870 Take profit 2 - 1.49059
fundamentally, we had today US Retail Sales Data that came out negative for the Dollar on the technical side, we had a great pull back on a key level in the 15min: -RSI divergence in the 1h: -hammer on a demand zone in the 4h: -strong trend in the D : -great correction on the 50% fib
EURCAD rallying up continuing its up trend , we got a pretty good opportunity for a buy setup -break of a trend line + retest -correction to the 50% Fib level -on a support zone
Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:EURCAD is following structure to my liking, seeing a great opportunity for selling this all the way down. Risking 1% for 13%, I always take amount invested as partial and let rest run. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
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 is making Higher highs, still being a little far from the next Major resistance, so I'm going to try to buy close to the Ascending Daily Trendline as shown by the arrows I drew, the Trendline coincides with the lower recent support so i believe that this support trendline is the perfect place for the Long. I'll update the idea if it gives us the entry we're...
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
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 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.