A continuation lower is on the making. Watch price on lower timeframes and use OBs and FVgs as your confirmation entries
EURCAD is testing a solid daily horizontal support. Approaching that, the price formed an inverted head and shoulders pattern. Its neckline was broken during the NY session on Friday. It indicates a highly probable bullish movement from the underlined green area. Goals: 1.467 / 1.4715 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! EUR-CAD is going down now But will soon hit a horizontal Support of 1.456 from where A local bullish rebound Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Level - 1.462 Looks long We are consolidating above the level, waiting for retest and further to the level of 1.4677
I am taking a small position on the EURCAD as it is Thursday and I do not like to hold positions over the weekend so hopefully I get some gains by tomorrow. I saw on the 4 hour chart that price is testing current support with a doji candle printing on the 4 hour chart. I am going long and just trying to shoot for a 1:2 trade or if I am in decent profit tomorrow I...
EURCAD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURCAD Entry - 1.4657 Stop - 1.4636 Take - 1.4695 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURCAD buy opportunity is there for a quick scalping. Use money management and Good luck to all.#supplyanddemandtrading #tradingstrategy #marketanalysis #financialmarkets #tradingsuccess #demandandsupply #tradingtips #stockmarket #forextrading
Looking at the 2 opening bell zones, divergence is being created with price giving a lower high and the RSI giving a lower low. A 25-Life as alos formed with the 25 being the top of yesterday's opening bell. Wait for buy candle to form, take entry after close or you can be risky and jump in at the 25 of the fib.
Looking to currently take potential Long(Buy) positions seeing as the Daily Demand Zone has just been retested with the close of yesterday's Daily candle which also confluences with the 50% Fibonacci retracement zone being retested; further confirming the strong Bullish momentum still at bay until we see a retest of the level in which the market initially broke...
H4 - Bullish trend pattern followed by a pullback. Most recent downtrend line breakout. Higher highs. Expecting short term bullish moves to happen here. H1 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Take a look at our analysis for EURCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.465. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.469 level. P.S The term oversold refers to a...
I think these are the resistance zone, so if a decline occurs below the red dashed line, a short setup can be built towards the red box in its correction.
EURCAD is rising to our sell entry, from there price could reverse and fall to our take profit level. Sell entry is at 1.47559 which is a swing-high resistance level. Stop loss is at 1.48315 which is a level that sits under a pullback resistance. Take profit is at 1.46036 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin...
I closed my swing long on EURCAD in small profit there's a nice fvg above but also price could retest the support at EMA 200 here as well let's see educational purpose only
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Let´s see. Trend bullish, waiting this movement since monday. Becarefull with weekend if today is not possible to put it in breakeven. good luck.
This is my Analysis, my thought process for EURCAD, which I wanted to share with you. Market is bearish on LTF, but on bigger picture, it seems bullish. Traders may wait for LTF confirmation for entry.
EUR/CAD CLOSED BELOW and also closed on a daily candle bearish. It looks like it pulled back to a descent retracement with also all 3 main ichimoku conditions met on the 4h timeframe; where Price is now below cloud with Tekunsen crossed below Kijunsen and also lag below cloud. Also notice how all both TEK & Kij angling down. Upon seeing all the condition met I...