EURCAD pulling back to the confluence level. Price is making lower lows and lower closes. The market dropped from this resistance before. It made approximately the same pullback as before. We expect a trend down from the level where the price dropped. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Here is my analysis for EURCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
in the left area I see the price forming an FTR in the middle of this month. then currently the price looks bullish with indications of price responding positively to the trendline below. Most likely, the price will rise more from the SnD area
EURCAD broke and closed below the consolidation zone. Price is creating an AB=CD pattern. Price action is pulling back to the consolidation zone, which usually acts as support and resistance. It's going to be a breakout pullback continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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EURCAD is making lower highs and equal lows, and it's testing the resistance level. Price action is consolidating at the psychological level of 1.47000, meaning bearish pressure on the support level. We might see a sharp move down if the price breaks and closes below the support. ------------------- Share your opinion in the comments and support the idea...
EURCAD broke and closed below the ascending channel. Bulls could not push the price higher, and it dropped following the double top at the resistance level. Price action might create an AB=CD pattern. We expect a pullback, then a trending down from the level where the price fell. ------------------- Share your opinion in the comments and support the idea...
EUR-CAD was trading in A rising wedge but then A bearish breakout happened So I think that we will After Reteste 1.47446 area We will see a move down !
Welcome back, fellow traders, to another exciting analysis session! Today, we're going to dive deep into the intriguing world of the EUR/CAD pair and explore the confluences and indicators that are painting a compelling bearish picture on multiple timeframes. Confluence Across Multiple Timeframes As seasoned traders, we know that the key to successful analysis...
Hello Guys, EURCAD price movement is one which is of great interest to me and is on my radar. The monthly, weekly, and daily structures are all aligned for a bullish rally. You'd notice that the price, however, didn't get to the weekly order block but it doesn't necessarily have to because price has formed a bullish price action on the daily chart hence the...
EURCAD is moving in the descending channel, but as you can see, the market overall is consolidating. Price broke and closed above the previous high. It is moving to the resistance where the market dopped twice. If the market reaches this level, there is a nice kill zone to short the market; harmonic pattern, channel border, resistance, and fibo...
Hello traders, we want to check the EURCAD chart. The price is moving in a range area. We expect the price to react to the ceiling of the range channel again and fall to the price of 1.45400. Good luck.
EUR-CAD broke the long-term Falling resistance and the Breakout is confirmed So we are now bullish biased Despite the nearby horizontal Resistance level so I think that After the pullback and retest Of the broken line we will See a bullish move up !
EURCAD moved out of the descending channel. The market consolidated around a significant level, but eventually it broke and closed above it. On the 4 hourly timeframe, the market created the endulfing candle, which might be a sign of the trend's continuation. We expect a retest of the resistance. ------------------- Share your opinion in the comments and...
EURCAD testing strong support area again, let's wait if support breaks or resist from the area. Manage your risk!
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.
Hello traders, we want to check the EURCAD chart. The price is moving in an ascending channel and has pulled back to the specified key level. We expect this level to play the role of a support level for us and cause the price to grow to around 1.49000 Good luck.
EURCAD moving in range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.