EURCAD BUY!!Apply proper risk management, i saw structure form on the 15min timeframe and decided to execute
Trade ideas
EURCADThe price is currently in a downtrend, forming a series of Lower Lows (LL) and Lower Highs (LH)
After making the last Lower Low, the market is now pulling back upward, approaching the Fibonacci 0.6 retracement level
Entry: At the Fibonacci 0.6 retracement level (expecting a continuation of the downtrend)
Stop Loss (SL): Above the previous Lower High (LH)
Take Profit (TP): At the previous Lower Low (LL)
EURCADEURCAD formed a bullish divergence. The price stayed in a range for some time, then broke out of that range. After the breakout, the price created a higher low (HL). When the price broke the previous higher high (HH), an entry was taken. The stop loss (SL) was placed below the higher low (HL), and the risk-to-reward ratio was 1:1.
EURCAD - Buy the Bounce at Confluence!📈EURCAD remains in a steady rising channel on the daily. Price has pulled back into a strong support zone that perfectly aligns with the channel’s lower bound and the base of the recent micro wedge.
🏹As long as this confluence holds, I’ll be looking for trend-following longs from here, aiming first for the recent highs, then the channel top.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
06.11.25 Morning ForecastPairs on Watch -
FX:EURJPY
FX:EURCAD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
EURCAD: Consolidation Trading 🇪🇺🇨🇦
EURCAD is trading in a horizontal range.
The price has just tested its support.
There is a high chance that the price will bounce from that
and reach a resistance of the range soon.
Goal - 1.621
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EUR/CAD: Bullish Outlook📈EURCAD formed a significant inverted head and shoulders pattern on a 4-hour timeframe.
The neckline for this pattern is identified between 1.6226 and 1.6210.
Should the price successfully break and close above this neckline, it would indicate a strong bullish signal.
In such a scenario, the market could potentially advance towards the 1.6560 level.
Please note that the neckline currently acts as a robust demand area. Shorting opportunities should only be considered after a confirmed breakout of this level.
EURCAD: Will Start Falling! Here is Why:
Balance of buyers and sellers on the EURCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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Sell EURCADEURCAD massive, short opportunity presented. We see a bearish flag on a high timeframe. Price is now at the resistance level we can expect a bearish trend to form
Buy EUR/CAD at 100 Daily MA & strong supportThe EUR/CAD has been bullish for along time now but has been correcting for a few weeks now and looking for support. The 100 daily MA / daily support / channel support are all lining up now around 1.1620. Time to buy?
Buy Limit : 1.6120 100 Daily MA / channel support
Stop : 1.6040 under channel support
Profit : 1.6400 previous minor high
Risk 1 : 3.5 / Stop is 80 pips
EURCAD higher bearish expecting
OANDA:EURCAD trend based analysis, currently we having bounce from strong sup zones, we are have long time bullish trend, for me this here is point of revers.
SUP zone: 1.63200
RES zone: 1.61500, 1.61000
EURCAD-BUY-Strong BullishHello,
EURCAD is so bullish. Many people are thinking it is overbought. I got it. But the Bullish still leaves in Market.
Someone may say there is a pinbar.. it is possible to be a fake pinbar.
It seems to be pullback mode soon.
SL : 1.61735
TP1 : 1.163115
TP2 : 1.163503
Good luck
Eurcad looking bullish here after fake out now formed heads and shoulders, currently trying to clear neckline area, after successful breakout it can rebound, and can give 150 to 180 pips bullish wave
EURCAD (4H) – Bullish RSI Divergence Hinting Potential Reversal EURCAD has recently printed a bullish divergence on the 4-hour timeframe — signaling potential exhaustion in the prior bearish leg and a possible shift in short-term momentum.
Price action shows a clear structure of lower lows on price, but higher lows on RSI, confirming the divergence setup.
Key Observations
RSI Divergence (Bullish):
Price made a new swing low while RSI failed to confirm it — forming a classic bullish divergence.
This suggests bearish momentum is weakening and early buyers may start entering the market.
Market Structure:
The pair broke above minor resistance and is currently retesting the zone near 1.6210 — aligning with a potential change of character (CHOCH) in short-term structure.
Momentum Confirmation:
RSI has recovered above the 50 line, indicating momentum is shifting in favor of buyers.
As long as RSI holds above 50, bullish bias remains valid.
Trade Setup
Entry Zone: Current market price (~1.6210–1.6220)
Stop Loss: Below the recent swing low at 1.6135
Target Zone: 1.6260–1.6300 (previous structural high / liquidity zone)
Risk-to-Reward Ratio: ~1:2
Trade Logic
This setup is based on bullish divergence confluence + market structure break.
If the bullish divergence plays out, we could see a corrective recovery toward the previous 4H supply zone.
However, failure to hold above 1.6130 would invalidate the setup and signal continuation of the bearish trend.
Scenario Outlook
Bullish Case: Divergence holds → push toward 1.6260–1.6300 resistance.
Bearish Case: Close below 1.6130 → continuation of the bearish leg.
Summary
The 4H bullish divergence offers a clean technical setup with clear invalidation and defined risk.
Momentum is turning, but confirmation via higher-high break is crucial before scaling in aggressively.
Bias: Short-Term Bullish (Counter-Trend Reversal Setup)
Timeframe: 4H
Key Level to Hold: 1.6130
Target: 1.6260 – 1.6300
Potential bullish reversal?EUR/CAD has bounced off the pivot, which is a multi-swing low support that aligns with the 61.8% Fibonacci projection, and could rise to the 1st resistance.
Pivot: 1.6164
1st Support: 1.6164
1st Resistance: 1.6309
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EUR/CAD Daily AnalysisAlthough price is predominantly in a bullish trend, the current price action suggests that a correction is in play.
With the internal trendline broken, there may be another opportunity to sell back to the bottom of the channel.
Look for a trade that meets your strategy rules.
EUR-CAD Local Short! Sell!
Hello,Traders!
EURCAD Price is reacting from a horizontal supply area after a corrective push upward. Smart money may seek liquidity below the previous lows before the next structural decision. Time Frame 2H.
Sell!
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EUR/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
EUR/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. 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 1.627 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EurCad Chart AnalysisAnalyzing the EUR/CAD chart, price action has reached a key support level and is currently consolidating within a narrow range, itself contained within a broader consolidation pattern. While the next directional move remains uncertain, my strategy is as follows:
Entry Plan:
Initiating a small long position at current levels
If price declines to the lower support zone, I'll scale into the position with additional size
Overall bias remains bullish, anticipating upward movement
Support Level Significance:
Support 1: Established since early September 2024
Support 2: Established since early March 2024
Given the length of time and the respect the price has for support levels, it would require significant selling pressure to breach both zones. This reinforces the long bias with a scaled entry approach.
*This is NOT financial advice
EURCAD – Channel Breakdown & Bearish Continuation FlagEURCAD has broken down from a large ascending channel on the 4H timeframe, signaling a potential shift in structure from bullish accumulation to distribution and selling pressure. After the strong impulsive breakdown, price has formed a corrective flag pattern and is retesting previous support turned resistance.
This is a classic bearish continuation setup: impulse → correction → continuation.
Key Technical Confluences
Breakdown from major ascending channel
Lower-high formation after structure break
Bearish flag retest confirming seller control
Clean rejection from supply zone
Downside target aligns with major support around 1.5760
Entry: Retest of broken structure + flag formation
Stop Loss: Above flag high / structure invalidation zone
Take Profit: Previous major demand around 1.5760–1.5780
Bias: Bearish while price trades below the retest structure.
This setup follows the trend continuation play after a significant structural shift. Watching for momentum continuation to the downside and trailing stops as price progresses toward target.
As always, risk management is key — trading a clear structure setup with defined invalidation.
Top Markets For The Week 2/11-25 --> 7/11-25Weekly Bearish
Daily Bearish
4H Bearish
Price Has Broken and Retested a WEEKLY AOI twice and rejected.
What I'm expecting is for a small retracment or a new LH
to enter this position. CMCMARKETS:EURCAD
EURCAD"EUR/CAD is moving in a downtrend. The price is below the 50 RSI zone and also below the 14-period RSI average, supporting the continuation of the bearish movement. However, a corrective move toward the FVG area is expected before the next drop."
