My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4643 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4696 About Used Indicators: Super-trend indicator...
Hello Guys, So there's not so much clarity on the 3M timeframe, however, on the monthly chart, there is a clear W pattern that should lead to a bullish impulse move. There is also an unmitigated continuation order block I would like to trade off from. Dropping into the weekly timeframe, there is a clear shift in market structure, and inducement of early buyers,...
Hello,Friends! We are targeting the 1.465 level area with our short trade on EUR/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Asian high swept in the London session. Market structure shift and left behind an imbalance which has been filled to get an entry. Shorts targeting sell side liquidity.
w-bullish d-bullish 4h clean trend +strong break of structure
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Price is falling towards a support level which is a pullback support that aligns with the 78.6% Fibonacci projection. A bounce from this level could lead the price to rise to our take profit. Entry: 1.46155 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci projection Stop loss: 1.45877 Why we like it: There is an overlap...
I expect EURCAD to go Up after news and grab liquidity
My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.4675 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4658 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
22nd April to 26th April Week Analysis. It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it! Watch the charts, If you like then do follow on X and Tradingview.
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
-Weekly bull move pullback holing right on 26 ema. -Weekly reverse hnd formation. -Daily consolidation area with absorption around the 40% of the original bull move. -Second consolidation with a shakeout around 50% of the move. Entry after a confirmative strong bull candle-move or after a bullish pattern. Stop bellow the pullback move that takes...
chart has already broke its first support so we can take entry after break of second support.
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
The reason I'm going long is because All of the time frames are bullish (Weekly, Daily and 4 hour). It failed to break the Daily support. There was a 4 hour engulfish candlestick on the Daily AOI hence making it a high probability to continue long. The trade was taken on a Thursday (good trading day)
EUR/CAD Bullish After Lagarde's Comments ECB’s Lagarde commented yesterday: " The fight against inflation is not over". Growth in Europe is mediocre, much slower than in the US We’re clearly seeing timid signs of recovery The game (of fighting inflation) is not over This was a hawkish comment made at a time when everyone expected the ECB to cut rates at the...
d1: Bullish OB has been created and the last bearish candle is a pin bar h1: Choch is created and we have and OB with high volume of bullish engulfing candle so open a limit long position