After what looked like a breakout to the upside out of the consolidated zone, price found resistance on the descending channel and has quickly moved back into the range. From here we can expect a new low be formed thereby testing previous level of support on the Daily and Weekly timeframe
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CAD Sell. Enjoy the day all. Cheers. Jim
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.
Hi traders, EURCAD is setting up for a downside move watch a sharp move to the downside in a lower timeframe and look for short GOOD LUCK.
Eurcad is ready for a big drop don't miss the Drop. Weekly time frame is down daily time frame is down trending .market break the HL and gave supply zone .market already retest now I m little late but risk reward is great this reason I m inter in sell trade best of lucky
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...
This signal is seen in 4 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
A bearish opportunity recently presented itself on the euro-loonie trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.33000 psychological level, indicating a rejection of the level. A stop loss above the 1.34000 psychological level and a profit target anywhere between your entry and the swing low of 1.28777 could...
As mentioned on my Monday Overview, it's time to SELL EURCAD. I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment...
Waiting for a retest of 1.34000 to short EURCAD back down to swing lows at 1.28753 with the 1st target at 1.32000. If you agree drop a like and if you have any questions leave a comment :)
EURCAD has been testing its breakout level for a while now. We are expecting an upside rally if price manages to close above it. 1.32000 level can be use as a stoploss level for upside position Anything below the rising trendline can be game over for bulls. Trade your levels accordingly.
EURCAD has been testing the trendline and the top resistance for the past month most likely it'll break the lower trendline and fall
eurcad is possible for short sell to retest our trendline before we will be able to go long
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
Hello Traders in today session i sell Eur /CAD target 1 H demand
Hi traders, EURCAD is setting up for a downside move watch price action and look for short and one more up move is possible GOOD LUCK.
For the last couple of months, the EUR has maintained a weak position against many of its trading partners. This includes the Canadian dollar. The Canadian dollar has benefitted immensely from the high cost of crude, in addition to the Bank of Canada (BoC) moving much faster than the European Central Bank (ECB) to start hiking interest rates in the face of...
Hello traders! ✅ This is my trade on EURCAD . Here I expect bearish price action as price filled the imbalance and rejected from bearish orderblock + institutional big figure 1.31000. My target is sell side liquidity. Like, comment and subscribe to be in touch with my content!