Pair Name : EUR/CAD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern.
Potential Short Trade :
Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours.
Key Points:
Sell Entry: Consider entering a short position (selling) below...
Hello friends nice to meet you all hope you have a good day
#EURCAD
When you look at the big picture, It is moving sideways, drawing a BOX pattern.
By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line,
a RED short-term trend line was created.
With the current decline, There will be a rebound near the...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47500 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.47500 support and resistance area.
Trade safe, Joe.
The price perfectly fulfills my last idea. It hit the target. FX:EURCAD broke through the range zone, and it pulled back to it after testing the support. Price action made impulse moves down from resistance, where a swap zone was formed. The market trend is bearish; therefore, I expect the price to continue to move lower toward support from resistance, which is...
A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉.
This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).
Sufficient downward...
EUR/CAD: A Short-Term Trading Scenario
Price broke out from a small structure indicating an increase in the bullish momentum.
4 hour chart is still dominated by a bullish trend rising the chances for further growth.
Be careful as the risk is high considering that the Economic calendar is empty and the market
may not move too much.
A decrease in the bullish...
Opportunity: EURCAD Buys.
I have set a buy stop @ 1.46900
SL @ 1.46550
TP1 @ 1.47896
From this pair I see a continuation of the bullish pattern to give us new monthly highs. The final TP is @ 1.49150 area, because this is an area of imbalance, supply zone, Fibo golden zone and would be a quarterly high.
Hello
You can see the EURCAD chart in the one-hour time frame
In my opinion, the best entry point is at the price of 1.46637, observing the loss limit of the specified area
Hello Traders !
On Thursday 25 April, The EURCAD Price Reached The Resistance Line and Failed To Break it !
The Last Higher Low is Broken (Change of Character).
So, I Expect a Bearish Move 📉.
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TARGET: 1.45965🎯
Hello,Traders!
EUR-CAD went down
And will soon retest a
Rising support from where
We will be expecting
A local bullish rebound
Buy!
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Check out other forecasts below too!
Possible Setup. Higher TF is bearish based on price action. Market reacting to a daily structure + 4HR reversal pattern.
Let's see if the sellers are in for the downside
Hello,Friends!
EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.463...
