EURCAD has been having some couple of consolidation and higher time frame retracement to fill a -FVG on the daily chart. at the repricing to daily institutional reference point we see price give nice strong signature for the possible sell expansion to most likely take out the draw on liquidity(DOL) at sell side on the daily chart. Enjoy the bearish ride the green...
post trade analysis video: also analyzed/updated 2 other pairs, however, ECAD trade idea presented an opportunity first so i only took 1/3 setup's. went for a 1:3 RR, aiming for the 15 min demand trade hit TP ✅
analysis of 3 pairs today i will update the thread with entry parameters once $ plays out with my analysis a little more will most likely only send one trade idea for simplicity but i will update the thread with the results of my analysis for these 2 pairs just be on the lookout for any changes.
initially took a counter-trend trade for sells on ECAD chose to close and BE on this trade got in a buy positiona fter the bullish push above the HOD/PHOD level price did not activate my buy limit position. i noticed $ supporting at a certain level so i manually entered in a buy and tp was hit about an hour later
EURCAD NY pre-session set up. waiting to see if $ will hit original tp from the first trade $ used a london demand for a quick 20 pip push to tp
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
Weekly Analysis. NB: Kindly watch the video, comment and follow for more updates.
According to the price condition now it is facing a very strong resistance that forms a celling to it right now and it created a downtrend line with 2 waves and now we are about to create the third wave. If u used ur fib tool u will see that the price is near the 61% and 71% fib level that’s why i chose to put a sell limit order around 1.46750. I also chose 50...
Gold playing out nice and EURCAD still dancing lets see how it will playout during New York
EUR/CAD is rising towards a resistance zone that is bounded by the descending trendline and Fibonacci retracement levels. It could potentially reverse off this zone to drop lower. Sell entry is between 1.4650 and 1.4655 which is a resistance zone that is bounded by the descending trendline and Fibonacci retracements at 38.2% and 50.0% levels. Stop loss is at...
Depending on how structure stabilizes, we have two different scenarios for buys.
So I've been getting some questions from some of my students and followers regarding what are some low risk pairs to trade this week. The first thing I like to do when deciding on which pair to trade is find the pair that is primarily consolidating on larger timeframes such as the daily. After spotting a consolidating pair, I then want to decide which side I...
yesterday i had two amazing bull runs with USDCAD and GBPAUD taking my acount balance from $102 to $469. This morning during london i entered two seperate positions which was EURCAD and EURJPY. Both trade were in profit until after london then we got a huge move down causing mme to close at a -$78 loss. The account balance is now $361 and ive entered EURCAD for...
the price is standing at a strong area of resistance but we need to see a 4h candle stick closure with good bearish price action
Title: EURCAD Current Market Movements: Insights and Analysis Description: Welcome to our latest analysis focusing on the current market movements of EURCAD! In this video, we dive deep into the fluctuations of the exchange rate between the Euro (EUR) and the Canadian Dollar (CAD). Whether you're a seasoned forex trader, an investor, or someone intrigued by...
Another EUR Pair we have seen rise today is the EURCAD> Shorting impulse is always ideal as it gives you a chance to run down with diminishing demand. Here's how.
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.
Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...