Please, check our technical outlook for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.472. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
EURCAD is showing the formation of bearish ABCD pattern, we will entry the buy trade after the break of point B keeping the targets as per risk reward ration. When the price will reach the PRZ then we will see the price action of short.
we did a breakout and a retest and we should move higher to make a higher high.
Hey everyone! 👋 Here's my latest chart on EUR/CAD, where I'm eyeing a potential long position based on Elliott Wave theory. We can see a nice development of waves, culminating in a recently completed corrective wave (4). This setup leads us into an anticipated impulse wave (5). 🚀 Based on Fibonacci projections, I'm targeting three key levels for potential...
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...
Hello,Friends! EUR/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.466 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
OVERALL GAME PLAN I am going to sell the pair EUR/CAD ANALYSIS IN MY FAVOR * Currently at resistance level on the 4 hours and daily * Overall trend is bearish ANALYSIS AGAINST ME * Current short term trend is bullish
EURCAD Update..! If the pair comes to 1.46600 level it be best opportunity for buying market more than 400 pips. Bu till that support do not sell. EURCAD BUY Limit 1.46600 STOPLOSS 1.46200 1ST TARGET 1.47000 2ND TARGET 1.47600
EURCAD LONG DAILY - Inverse head and shoulders - Buy zone - Trendline 3th touch WEEKLY - Inverse head and shoulders - Buy zone - Natural M 4 HOUR - Inverse head and shoulders - 68 fib completion Impulsive aproach of zone of interest -wait for entry: decelleration or small pattern
Hi Guys very good trade coming up for the eurcad ,very good volume for the buyers secondly fundamentals are also with bullish euro.Good long trade expected for euro cad
When you check your D1 time frame, you clearly see that the market has approached a very strong resistance zone, look for for patterns as the price might go little bit high to hunt SL before it moves down. NB:NO REVERSAL PATTERN NO ENTRY.
On a strong daily resistance. I expect it to go down soon till 1.50
EURCAD triangle formation, the price consolidating between support and resistance zones about 2 months
We looking for selling opportunities as we are below the resistance zone resulting in sells
Still continuing to the upside although the htf is showing bearish signs. But for now i am holding from this 1hr tf after triggering my POI. Hapi trading.
EURCAD has completed its Bearish Gartley pattern and has formed divergence as well. Hence, because of multiple confluences, there is a bright chance that price will move down.