HHs to HLs in series. RSI confirmation in order Entry - 1.495 SL -1.49185 TP - 1.4982
On the 4H i saw a clean double top confirmed by a correction. Then on the 1H, we had a correction which was ruined by PMI Flash so I had to leave that entry, but after that impulse from PMI, markets makers are still undecisive on direction and they are still manipulating waiting for Business Climate release then we will see some movement. Thank you.
This pair is in a consolidation phase, i expect a green candle breakout and up from there until next resistance point.
On the daily chart, EUR/CAD is inclined to go down to the support line (red) at around 1.445. Then, rebound to push up to the resistance line (blue) at around 1.495 Stop loss should be considered.
BBMA OA Strategy: Re-Entry in H4 CSAK in H1 50 EMA Rejection + ReEntry in mahilo in M15 Note: *Invalid entry or cancel trade when csak sell in occur in H1 *Enter trade when the price enter the H4 Reentry Zone *Wait for for CSAK in H1 *Enter trade when price at: csm reentry zone or 50 ema rejection in M15 * 1:3 rrr (20 sl, 60tp) ** there is a possibility to reach...
Looking to SELL this pair on a final push up towards 1.51 here's why. This level is very strong Weekly & Monthly resistance level and is the top of a sideways range that has been in play since 2021 each it has come to the top of this range there has been a strong reaction see the daily chart image below. Price managed to push above 1.50 on Monday before...
EURCAD printing Lower High and Lower Low. 1 DAY 1 HOUR Analysis.
Here is my analysis for EURCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Trend looks health, we are over sold on the higher TF. Using previous structure for SL and we are shooting for a 0.4 ratio for TP.
FX:EURCAD Touch it's new heights and it's continue bullish trend
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
Reasons for buy 4 hr OB tap 4 hr Orderflow bullish 15 mins ob tap
1h Head and shoulders forming Bounced off resistance, in a downtrend
Price could bounce off our buy entry at 1.4907, which is an overlap support level, aligning with the 61.8% fibo retracement. Our stop loss is at 1.4801, which is below a swing low support level. Take profit is at 1.5037, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Greetings, fellow traders. Following the upward surge observed since late September, the EUR/CAD pair is now undergoing a corrective phase. As of the current moment, the price is situated below the psychological threshold of 1.5, signaling a diminishing sense of optimism in the overall outlook. The Canadian dollar has gained strength, attributed to a decline in...