EURCADPrice action trading is a methodology where traders make decisions based on the interpretation of actual price movements on a chart, rather than relying primarily on lagging indicators. It involves observing and analyzing candlestick patterns, trend lines, support and resistance levels, and volume to identify potential trading opportunities and manage risk. The focus is on understanding the story the market is telling through its price behavior.
EUXCAD trade ideas
EUR/CAD Possible Triple Top SetupWe’re watching EUR/CAD closely as price action is testing a potential triple top. Momentum is elevated and starting to hook, which could signal a shift. Next, we’ll be watching to see if the other VMS factors align before considering a trade.
Patience is key — strong setups come from full confirmation, not anticipation.
EUR-CAD Resistance Ahead! Sell!
Hello,Traders!
EUR-CAD keeps going up
But the pair will retest a
Horizontal resistance
Of 1.6124 and from there
A local bearish correction
Is to be expected
Sell!
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EUR/CAD on Track to Test July HighEUR/CAD climbs to a fresh monthly high (1.6088) as it breaks out of the range bound price action carried over from last week, with a close above 1.6050 (38.2% Fibonacci extension) bringing the July high (1.6124) on the radar.
A breach of the 2018 high (1.6153) opens up 1.6220 (50% Fibonacci extension), with the next area of interest coming in around 1.6350 (78.6% Fibonacci retracement) to 1.6390 (61.8% Fibonacci extension).
However, lack of momentum to hold/close above 1.6050 (38.2% Fibonacci extension) may push EUR/CAD back toward 1.5950 (100% Fibonacci extension), with a breach of the July low (1.5768) opening up the June low (1.5574).
--- Written by David Song, Senior Strategist at FOREX.com
EURCAD selling Opportunity.Looking @ the current market structure of SAXO:EURCAD , The price is trying telling a very sweet stories, so i have tried packaging the info that i was able to come up with while making my analysis, which i have already shared on this video Combining both daily, H4 and H2 Timeframe to make up this trade ideas. All the best.
EUR/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.598.
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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eurcadPrice consolidating after a strong bullish move
Support at 1.5965, resistances at 1.6020 / 1.6054 / 1.6098
📈 If price breaks above 1.6020:
Target 1 → 1.6054
Target 2 → 1.6098
📉 If price breaks below 1.5965:
Target 1 → 1.5940
Target 2 → 1.5900
📌 No entries inside the range — waiting for a clear breakout with confirmation
Strong move likely after this consolidation.
EURCAD: Long Trade with Entry/SL/TP
EURCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry - 1.6016
Stop - 1.6005
Take - 1.6037
Our Risk - 1%
Start protection of your profits from lower levels
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EURCAD: Another Bullish Confirmation?! 🇪🇺🇨🇦
Earlier last week, I already shared my bullish outlook for EURCAD
and a highly probable bullish continuation to 1.61.
I see another bullish confirmation today - a confirmed breakout
of a falling trend line on a 4H.
I guest that the pair will continue rising soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURCAD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you.
Please support our analysis with a boost or comment!
"EUR/CAD Price Pirate Mode: Long Entries Loading!"🔥🚨 "EUR/CAD BANK HEIST: The Ultimate Bullish Loot Grab! (Thief Trading Style) 🚨🔥
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📈 Entry (Bullish Raid):
"The vault door is cracked—enter anywhere!"
Pro Thief Move: Use buy limit orders near swing lows (15M/30M) for sneaky pullback entries.
Advanced Raid Tactics: Layer entries (DCA-style) for maximum loot efficiency.
🛑 Stop Loss (Escape Route):
Swing Low (4H) = 1.58800 (Adjust based on your risk tolerance & lot size!)
Thieves’ Golden Rule: "No heist is worth a jail sentence!" 🚔💨
🎯 Take Profit (Escape Before the Cops Arrive!):
Primary Target: 1.62300 (or exit early if resistance gets too hot!)
⚠️ Danger Zone: High-voltage resistance = Bear Trap Territory! ⚡🐻
💡 WHY THIS HEIST WILL WORK:
✅ Bullish Momentum Intact (Price structure favors buyers)
✅ Weak CAD Fundamentals (Loonie under pressure)
✅ Smart Money Algos Likely Pushing Higher (COT data hints at institutional bias)
📰 NEWS ALERT (Avoid the Market Police!)
🚨 Upcoming High-Impact Events?
Avoid new trades during news spikes!
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EURCAD, We should have waited for confirmation.EURCAD re entry, is bullish in higher time frames.
In the daily timeframe it is bearish due to a higher time frame retracement.
Our entry is a low risk (20 Pips) with our targets eyeing a 1:10.
DISCAIMER: This is not a financial advice, trade with caution.
EURCAD Long CorrectionOANDA:EURCAD Long trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
This is good trade, don't overload your risk like greedy, be disciplined trader, this is good trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice