As per the chart I have long and short idea. Set an alert and see price action before entering.
The EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level...
Hello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Taking a look at the 4hr chart, price action stalled out at the 50% zone leaving 100 pip risk/reward (however you look at it) in either direction to the support and resistance levels I chalked up. The most important technical indicator that I'm paying attention to is the fact that we are still getting red arrows on this timeframe. Once we get a green arrow, I'll...
After price retested a daily golden zone, it gave us a shift in market structure on the 4h time frame signaling a potential beginning of a reversal. Price has now formed liquidity above the 4h golden zone that it could use to fuel it's move further to the upside.
#EURCAD - H1 📣 Upon analyzing the 1-hour timeframe, we expect a potential price decline towards the range of 1.4640 if the upward trend is broken at 1.4703. ⛔ Stop Loss: 1.4745 On the other hand, if the price breaks above the level of 1.4745, we can have a positive outlook for price growth towards the range of 1.4800. ⛔ Stop Loss: 1.4703
Precision Trading Unveiled: A Symphony of Smart Money, Fibonacci, Timeframes, FVGPS, and Displacement In sculpting my trading strategy, simplicity takes center stage as I navigate markets with naked charts, harnessing the power of Fibonacci levels across specific timeframes—most notably, the critical 1-hour, 4-hour, daily, and weekly charts. Diverging A...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EUR CAD PRICE - down fall to strong support zone make a short trade, till 1.45762 marked price line, follow for more live updates
From next week i am going to buy EURCAD! Cause price could not update the minimum. So, next step to update maximum .
Newbie - Bias direction is short Monthly, Weekly and Daily confluence, price bounced at Fib 38.2, possible Head & shouders, TP 1.4771 just before @ 1.4750 at Large Quarter Point. This is my analysis ONLY, looking for Traders to confirm my analysis......
Price made a implosive move to the downside and has now reached support, price made a bullish engulfing candle while rejecting support, we can hopefully now see this pair trend up for a bullish reversal.
EURCAD marginally turned bearish on its 1D technical outlook (RSI = 44.842, MACD = 0.001, ADX = 27.243) as it hit both the 1D MA50 and 1D MA200 today. That is dead neutral on a 15 month basis as the pair has been on a wide ranged price action since the start of 2023. Currently it sits exactly at the middle of this pattern on the 0.5 Fibonacci level. This gives us...
I'm selling the euro against the Canadian dollar, and the recent increase in prices is just a temporary correction. My overall view is still bearish, so I'm targeting a sell price of 1.46047. I expect this target to be reached within the next four weeks, but it's important to be patient in trading. I'll keep you updated on any developments as needed. Pair might...
Hello,Friends! Previous week’s red candle means that for us the EUR/CAD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.467. ✅LIKE AND COMMENT MY IDEAS✅
Results. You can not afford to miss these type of trades again. Start following Blue_Magic_fx Please follow as motivation.
EURCAD broke out of the channel. The chart broke the level of dynamic support, which now acts as resistance. The price has reached the 62% retracement level. We think that after the support breakout the price will continue to decline. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46800 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46800 support and resistance area. Trade safe, Joe.