#eurcad broke 1.4940 resistance area of 23rd March. Demand zone for long 1.4700-4630. Stop loss: 1.4600, Target: 1.5050.
EURCAD pulled back from the resistance by creating divergence. Bulls could not push the price higher. The market reached the daily resistance level. On the left, we can see a sell-off from this level, and most likely, the price will go further down. We expect a bearish move or consolidation. ------------------- Share your opinion in the comments and...
I have a sell stop at the break of the previous 1HR lows. We can see price has come into 1.49000 perfectly and rejected. We all already in a confirmed downtrend using the 20EMA & 50MA as confirmation. My target will be EUR/CAD making new lows.
Hello traders, we want to check the EURCAD chart in the 1-hour time frame. The price has simultaneously pulled back to the broken trend line of the ascending channel and also to the resistance level between 1.47500 and 1.47700. Good luck if the price falls to the specified targets Good luck. EURCAD sell Entry : 1.47700 Stop : 1.48460 , Target1 : 1.46930 ,...
EURCAD broke and closed below the ascending channel and resistance level at 1.47000. Bulls could not push the price higher, and it dropped below the consolidation zone on the left. Price action might create an AB=CD pattern. We expect a pullback then a trending down. ------------------- Share your opinion in the comments and support the idea with like....
EURCAD broke and closed below the resistance level at 1.47500. Bull could not push the price higher, and it dropped below the level following divergence at resistance.. As in the past, we could see a multiple large sell-off from this level, and most likely the price will go further down. ------------------- Share your opinion in the comments and support the...
EURCAD rallying up continuing its up trend , we got a pretty good opportunity for a buy setup -break of a trend line + retest -correction to the 50% Fib level -on a support zone
-Bullish flag pattern breakout -AB= CD pattern projection - rising trendline with HH and HL - the price has already retraced 0.618 - head and shoulder formation also confluences with TP1 and TP2. TP3 is an extended TP.
Hello traders, we want to check the EURCAD chart in the 1-hour time frame. The price has broken the descending channel upwards and then pulled back to the descending trend line and also the key level between 1.46700 and 1.46900. We expect the price to enter a trend. May it rise and move to the specified targets. Good luck. EURCAD buy Entry : 1.46932 Stop...
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.
EURCAD is moving in an ascending channel . The market pulled back to the support zone and printed pinbar. Price pulled back to the psychological level at 1.4700 as well as the fibo cluster. We expect trend continuation trading opportunities. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD is moving in an ascending channel . The market broke and closed above the consolidation zone. We expect a retest of the support level and then trend continuation opportunity. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD is moving in the ascending channel, which is just a retracement. Price action is testing psychological level 1.46500 and the channel's border. We might see the ascending channel breakout and a sharp move down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD pulled back to psychological level at 1.4600 following the sell off. Price action has previously reacted several times to this zone. Price action is likely to move down from the confluence zone: the resistance and the lower channel's border + fibo cluster and psychological level. We expect a trend continuation trade . ------------------- Share your...
EURCAD ( Euro / Canadian Dollar ) Description : Consolidation Break of Structure Bullish Channel acting as an Corrective Pattern in Long and Short Time Frame Divergence Completed " 1234 " Impulsive Wave making its Last Impulsive Wave " 5 " Rejecting from S / R Level
I think EURCAD will go up as clearly described on the chart. My entry, take profit and stop loss are clearly marked as well. Disclaimer This publication is financial advice but strictly for educational purposes only.
EURCAD reached a major resistance level on the 4H timeframe. The market probably will make a false breakout. Price action created a double top at the channel border that acts as dynamic resistance. Price action is likely to move down from the confluence zone: the resistance and the channel's border + fibo extension. We expect a pullback from the resistance...
After the price completed its second retest of the upper band of the bullish channel. And it also confluence with the multiple level of market structure (truing previous support are to resistance. A moderate sell opportunity can be look for at this level, which happens to falls slightly above the Fibonacci golden ratio of 61.8%. Stay close and...