EURCAD idea short position analysis 1hr details : Pair : EURCAD Position : SHORT( SELL ) Entry 2 : 1.47200 STOP LOSS @ 1.47500 TP 1 @ 1.4750 TP 2 @ 1.4780 TP 3 @ open ( Trailing SL )
Hello,Friends! EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.468 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
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...
Using the BBMA Strategy by OA, a Re-Entry Long in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 4H - Re-Entry 1H- 50 EMA Rejection + Extreme short 15m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close below MAHI in 4H * 1:3 RRR *...
EURCAD is taking retarcement and giving us opportunity of buying trade. Lets take a buy trade to target the mentioned regions
EUR/CAD is currently on a resistance level and could reverse from this level to our take profit Entry: 1.47378 Why we like it: There is a pullback resistance level Stop loss: 1.47789 Why we like it: There is a pullback resistance level Take profit: 1.46630 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURCAD long ! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
Price is approaching a major Resistance retesting the supply zone where the Bears will be pushing price down
Hello,Traders! EUR-CAD will soon hit A horizontal resistance Of 1.4780 and the pair Is already locally overbought So I will be expecting a Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURCAD is poised for the convergence of its trend line and resistance line, suggesting the potential for a breakout. It appears likely that one or both of these lines will be breached, potentially leading to the continuation of EURCAD's bullish trend in the days ahead.
Certainly, here's a summary of support and resistance with key points: 1. **Support:** - Support is a price level where buying interest typically emerges, preventing the price from falling further. - It indicates a zone where demand for the asset outweighs the selling pressure. - Traders often see support levels as opportunities to buy or enter long...
Certainly, here's a summary of support and resistance with key points: 1. **Support:** - Support is a price level where buying interest typically emerges, preventing the price from falling further. - It indicates a zone where demand for the asset outweighs the selling pressure. - Traders often see support levels as opportunities to buy or enter long...
✅EUR_CAD is going up now But a strong resistance level is ahead at 1.4770 Thus I am expecting a pullback And a move down towards the target at 1.4683 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURCAD gives breakout of LH indicate that bearish trend end (bullish trend start) also bullish divergence gives confluence that buyers are active. We can attempt to buy at breakout of LH by placing buy stop . SL , TP mention in chart.
greetings. I am long EURCAD today at market SL: 1.4682 TP: 1.4775 I am only sharing, not a recommendation to enter the markets.
Here I have EurCad on the M30 Chart EurCad may look pretty bearish we have strong levels , If the resistance is'nt broken, we can expect a down trend
The pair has moved up quite a bit, and we are at a cross-road. Stochastic is turning negative and its high level, and we are Keltner upper levels and slight above GANN but not convincing. Strategy SELL @ 1.4685-1.4705 and take profit @ 1.4567 and place SL above 1.4757.
Following are the reasons to take the trade: Uptrend Ascending Channel Price crossing HH