#EURCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to update about EURCAD. EURCAD is making rising Wedge Pattern and almost breakout done. In this move we can see drop upto 100Pips+. Keep in touch we will update further soon.
EUR/CAD is currently on a resistance level which is a pullback 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 price is standing at a strong area of resistance but we need to see a 4h candle stick closure with good bearish price action
Hello fellow traders. We have seen that USDCAD, has been going down a lot lately. looking at the 2H for EURCAD this recent uptrend in the EURCAD could soon shift if the price doesn't break the yellow support line. The red downward arrows indicate other zones that need to be broken before we go further down and maybe hit 1.458's Looking at 4H seems also to...
The Canadian dollar will weaken to the upper support level. The direction shown in the picture is perfect for swing trade. #eurcad #buy
8/4/24 EURCAD Monday after Nonfarm weekly Sell weakness background
Here EURCAD I am providing sell program Reason 1.Daily High taken 2.HTF liquidity taken 3.AMD Reversal formed 4.Supply zone Expectation = Waiting for LTF change of character for safe entry .
8/4/24 EURCAD Monday after Nonfarm Sell weakness background
In this analysis i am looking for an MMSM after the Daily FVG has been achieved, thus finishing the MMBM. Now the main thing is to refine the entry point so that we are not poorly positioned to seek a higher RR until the next Sellside Liquidity. All analysis was done based on ICT concepts.
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