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.
There is a major break looming in this pair! Not that the Loonie by itself would be the end-all but as part of NAFTA it ought to vaporize the Euro rather effortlessly - just at it's been doing to the Aussie already, for quite a while now. (Now, if they just got rid of their neo-Marxist government and US-esq, deranged, monetary mismanagement ... ;-) On the long...
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.
the analysis of this pair is still in line with the last analysis. the price is heading to the SnD area and is stuck. there is a possibility of sideways before the price continues the bullish trend again.
if you look at the movement of this pair on the D1 time frame, it looks like the price is stuck at a fairly strong resistance, and last week the price managed to breakout from the resistance (SR Flip). if you look at the bullish candle that formed a few days ago, the possibility of continuing the bullish trend is still strong. you can go long when the price...
EURCAD is moving sideways following the bullish momentum; it has created a consolidation zone. The market is creating AB=CD. The price is trading in the ascending channel. We expect a breakout of the consolidation zone and retest of the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD Euro / Canadian Dollar EURCAD Sell EURCAD Analysis SHORT
EURCAD broke and closed below the ascending channel. The market is consolidating. It created a bullish harmonic pattern. We expect a bullish move, a retest of the resistance, and a further move up. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Here is my view for EURCAD on H4. 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!
On the 4-hour chart, the trend started on May 18 (linear regression channel). There is a high probability of profit. A possible take profit level is 1.4701 But do not forget about the SL = 1.4511 Using a trailing stop is also a good idea! Good luck! Regards, WeBelieveInTrading
EURCAD is moving sideways following the bullish momentum; it created a consolidation zone. The market is creating AB=CD. The price broke and closed above the descending channel. We expect a breakout of the consolidation zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello Traders, I am here again to update you on my view of EURCAD. This pair is currently trading inside a weekly demand zone (yellow box). Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour timeframe which it has swept. It has also cleared the low of last month's candle close. Now...
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!
Hello Traders, I am here again to update you on my view of EURCAD. I have also done my best to mark the chart so you can train your eyes to see certain things in the market. This pair is currently trading inside a weekly demand zone. Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour...
Hello Traders, I am here again to give you my take on EURCAD. I have also done my best to mark the chart so you can train you eyes to sell certain things in the market. This pair is currently trading inside a weekly demand zone. Not only that it created relative equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1hour...
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!