The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to...
EUR/CAD: A Short-Term Trading Scenario Price broke out from a small structure indicating an increase in the bullish momentum. 4 hour chart is still dominated by a bullish trend rising the chances for further growth. Be careful as the risk is high considering that the Economic calendar is empty and the market may not move too much. A decrease in the bullish...
Pair Name : EUR/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47500 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.47500 support and resistance area. Trade safe, Joe.
A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward...
We looking for selling opportunities as we are below the resistance zone resulting in sells
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Next week on Friday we will see results of Unemployment...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
EURCAD triangle formation, the price consolidating between support and resistance zones about 2 months
Hello You can see the EURCAD chart, which, according to the previous analysis, was able to touch the target beautifully and with minimal loss
EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal. Trade Plan: Short Entry: 1.46732 SL: 1.47302 TP1: 1.46162 TP2: 1.45590
Hello You can see the EURCAD chart in the one-hour time frame In my opinion, the best entry point is at the price of 1.46637, observing the loss limit of the specified area
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
Opportunity: EURCAD Buys. I have set a buy stop @ 1.46900 SL @ 1.46550 TP1 @ 1.47896 From this pair I see a continuation of the bullish pattern to give us new monthly highs. The final TP is @ 1.49150 area, because this is an area of imbalance, supply zone, Fibo golden zone and would be a quarterly high.
EURCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURCAD Entry - 1.4699 Sl - 1.4728 Tp - 1.4647 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Possible Setup. Higher TF is bearish based on price action. Market reacting to a daily structure + 4HR reversal pattern. Let's see if the sellers are in for the downside
My dear friends, My technical analysis for EURCAD is below: The market is trading on 1.4677 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4644 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Sell this pair , liquidity grab on HTF and down we go. Benn following this pair for quite awhile.