EURCAD CHART ANALYSIS!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
EUR/CAD ::: The price is in an ascending channel and is currently moving between the two lines of resistance and support, and after moving towards the middle line, it will change its path towards the bottom of the channel .
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!
Clear breakout, ending the long untrend. Waiting on pullback to the 61.8 level before going short.
i am expecting EURCAD down because of its liquidity zone is available on its resistance level
EUR/CAD ::: The price is slowly moving in the downward channel and the orange line has supported it well and it is time to move towards the blue line which is currently playing the role of resistance .
EURCAD was trending bullish from quite a while we shorted it last month from the top and now market is back at the same strong resistance area with also a strong supply zone i am looking for a bearish rally down to the mentioned area look for confirmations on lower time frames and sell EURCAD with your own money management key to remember is both scenarios...
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Down after finishing the current wave. Here, we are expecting a bigger correction as of now & if we get that, the updated idea will be shared for the next potential trade. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. ...
Expecting a sell off on eurcad since it's been breaking structure to the down side,and now the expectancy is selling from the extreme level.
ENTRY OPPORTUNITY Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on...
I saw price show resistance at around 1.43350 area as well as a possible change in trend to the down side. If you take a look at the weekly we see a higher timeframe resistance around 1.45500 area. Down side would be if price were to break our resistance (1.43350) and push higher, reason would be for that strong bullish move on the weekly. Time will only tell! Let...
As long as the EUR/CAD parity remains below the 1.4625 level, I think it can first see 1.4240 and then 1.3950.
Happy new year 2023! Here is my view for EURCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
we must wait for reaching the target sell place. Entry at this point only shown in the graph with putting stop loss and take profit. divide the target into two parts and change the stop loss and put it on the entry level .
Price formed the second leg of the W formation on Wednesday, and since then it has been bullish and now it has broken the previous resistant zone and use that same spot as support zone and buy to the 1.45930 zone.
d1: the price fall down from strong supply zone with some bear pinbar h4: the price break the key level of up trend wave h1: the price is on down trend, after break the key level of uptrend h4, the price had made retest and creating double top pattern then open a short position R:R target 1:9.14
Currently it is in ranging, Going Short for small chunk but feeling confident that it has not touched its Top yet. More can be seen on chart. HAPPY TRADING FOLKS!
I am waiting for the confirmation of the declines, i.e. the breakout of the support. If this doesn't happen, setup is canceled. TP around 1.428, around 200 pips. GG P.S. This is not financial advice of course, just my idea.