In the past the pair has always rebounded from this particular price. Am waiting for a clear breakout and retest as shown......entry on retest.....quick 2:1RR.
Short Idea With the oil prices rising and CAD being highly related to crude oil there is a high probability this time to break the resistance after testing it 5 times. A short opportunity can also be supported by the 50/200 EMA crossing. Long Idea Testing the price at a psychological level of 1.34000 for 5 times we can't dismiss the idea of bouncing back the...
It is obvious that: This pair is in a down trend, Recently, price has been in a range (consolidating) between 1.3750 and 1.3390. Taking a short at the top of the range would be a high probability trade that is in line with the major trend. This what I intend to do with target just above 1.3390. Even with a generous stop, this has the potential to provide a +3R...
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
EUR/CAD have been really bearish since 24th of June , there was a wyckoff distribution before the fall down to the current price at 1.3523. so the general trend is obviously down and with the bearish market structure still being respected , I'm on the bearish mode with this pair of $EUR/CAD . if we look thoroughly to look for some other bearish confirmations ,...
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
EURCAD has broken the range and moving downside. We are expecting the price to move back to its daily support zone of 1.33800 level. However, a break above the range will be a bullish sign. Trade your levels accordingly.
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 am looking for a sell opportunity on EUR/CAD if I can see price come into this area within the new york session & show a bearish confirmation signal. I won't be going over the technical reasons for the trade idea.
Break and retest of pattern....looking for bearish continuation to support.
Head and Shoulders Pattern with fair value gap to 4 hour demand zone. Appears to be going down all the way 1.34700 area.
This is for short term. Wait for breakout. Use Minimal stop loss to avoid huge loss. Before entering the trade do your own research.
Hey guys, I'm bearish on this pair. BSL was taken out. Looking forward to that price imbalance at that shaded level to be filled. Bias will be invalidated incase that H4 high is violated. Happy trading.
Trade Idea: EURCAD Sell Reasoning: Head and shoulders top? I think (hope) so Entry Level: 1.3615 Take Profit Level: 1.35350 Stop Loss: 1.3641 Risk/Reward: 3.08:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
We have seen a clear bearish structure overall on the higher timeframe on this pair and we have currently tested a clear supply zone and we currently are seeing sellers in control of the market but this pair might get to reverse during london session to take out the asian highs but we will see use good risk management. Note consequent updates on this pair will be...
EURCAD has Left The Imbalance Behind , Which Should need to Cover, Also there is A Equal Lows Liquidity Downside , so that's why EURCAD is Looking to Move To the Downside