EURCAD Price is currently in a correction phase, and I expect price to continue bullish at current support. Anything below showing LH + LL's expect a possible reversal
Canadian Dollar/Euro forum
EURCAD Price is currently in a correction phase, and I expect price to continue bullish at current support. Anything below showing LH + LL's expect a possible reversal
EURCAD 🎯 Asset: EUR/CAD (Euro vs. Canadian Dollar)📈 Market: Forex🎩 Vibe: A slick, professional, and slightly cheeky "Thief Strategy" to steal profits from the market! 📜 The Plan: Bullish Breakout Bonanza!
🔥 Strategy: We’re waiting for a bullish breakout above the key resistance at 1.62800. This is where the magic happens, folks! Set your TradingView alerts to catch this breakout like a master thief nabbing a diamond. 💎
Thief Strategy (Layered Entries):Use a layering strategy with multiple buy limit orders to maximize your entry precision:
🔔 Buy Limit at 1.62000
🔔 Buy Limit at 1.62300
🔔 Buy Limit at 1.62500
🔔 Buy Limit at 1.62800Pro Tip: Feel free to add more layers based on your risk appetite and market conditions. Confirm entries after the breakout at 1.62800 for maximum safety!
Stop Loss (SL):Place your stop loss at 1.61700 post-breakout to protect your loot. Dear Ladies & Gentlemen (Thief OGs), adjust your SL based on your own strategy and risk tolerance. This is your heist—own it! 🚪
Take Profit (TP):The moving average is acting as a strong resistance, paired with an overbought signal and a potential trap waiting to spring. 🪤 Escape with your profits at 1.64000 before the market turns!Note: Set your TP based on your own goals—don’t just follow my lead, you savvy bandits!
🔗 Related Pairs to Watch (Correlations & Context)
Keep an eye on these pairs for potential correlations or market signals, as they’re tied to CAD or EUR movements:
USD/CAD ($): The Canadian Dollar’s strength is influenced by oil prices and U.S. economic data. A weaker CAD here could amplify EUR/CAD’s bullish move.
EUR/USD ($): If the Euro strengthens against the Dollar, it could support our bullish EUR/CAD setup. Watch for Eurozone economic releases!
AUD/CAD ($): Another CAD pair to monitor, as commodity-driven AUD can signal CAD weakness if oil or other commodities dip.
Why these pairs? CAD is sensitive to oil prices and Bank of Canada policies, while EUR reacts to ECB decisions and Eurozone data. Cross-pair movements can confirm or challenge our EUR/CAD breakout thesis.
EURCAD My view on EURCAD
EURCAD Enter short, quickly, take advantage of the supply.
EURCAD good short oportunity, but i already shorted gold.
EURCAD 1.61312 zonadan yuqorida Buy
EURCAD 💸 EUR/CAD "Euro vs Loonie" Bank Plan (Swing / Scalping) 📊🎯 Trading Plan (Thief Layering Strategy)
Asset: EUR/CAD
Setup: Bullish Hull Moving Average breakout + retest 🟢
Entry (Layering Style): Multiple buy limit orders at
1.60800
1.60900
1.61000
1.61200
(You can expand layers based on your own risk preference)
Stop Loss (SL): Thief SL @ 1.60600 (adjust to your own risk strategy) 🛡️
Target (TP): Resistance "police barricade" around 1.62200 🏁
EURCAD based on system...EC ready to buckle.
executed short. expecting min DD... 🙈
📉 SEC @ 1.6104
EURCAD Another strategy of mine sell EURCAD NOWTarget 1: 1.5985
Target 2: 1.5915
Target 3: 1.5840
Target 4: 1.5765
Stop Loss: 1.6120
EURCAD can sell now !! small SL rr 1:5