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EURO REFERENCE RATE / CANADIAN DOLLAR

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Kuvonchbek
EURCAD right now chart made a bueatiful head and shoulder now we have to wait the retest and it is gonna come arund 1.64500
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Juicemannn
EURCAD Speak My Mind — EUR/CAD

Another one about to get smashed. Once we see that full high broken, I’ll reassess my mappings and look for continuation setups on the lower timeframes to ride the bullish move up to take out the midterm highs. Until then, patience and precision — let’s finish this strong. Let’s go. 🔥📈
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The-Thief
EURCAD Asset: EUR/CAD (“Euro vs CAD Dollar”) – Forex Market
Bias: Bullish swing trade plan confirmed via weighted moving average pullback
Strategy: My unique “Thief layering” method — placing multiple limit buy orders to stack entry positions at key levels.

Layered Entry Zones:
Limit buy @ 1.61800 🎯
Limit buy @ 1.62000 🎯
Limit buy @ 1.62200 🎯
(You may add more layers if your risk manages allow.)

Stop Loss: This Thief’s SL @ 1.61500 ⚠️
(Adjust your SL to match your risk appetite & trade plan.)
Target: Resistance via moving average + overbought condition + potential trap → target @ 1.64000 🚀
(Again: your own profit-exit is your choice.)

🔍 Why this setup
Price pulled back to the weighted moving average — giving a quality buy-zone low-risk high-reward structure.
Confluence: multiple support touches + MA acting as dynamic base.
The layering tactic allows exposure diversification and minimizes risk per entry.
Target zone aligns with structural resistance and likely supply zone.

🔗 Related Pairs (Pairs to Watch / Correlations)
EUR/USD: EUR strength vs USD weakness may help push EUR/CAD higher.
USD/CAD: If USD weakens, CAD may weaken → EUR/CAD rises.
GBP/CAD: Similar CAD-cross structure; strength in Pound could mirror in other CAD pairs.
AUD/CAD: Risk sentiment shift favouring AUD over CAD also supports broader CAD-weakness theme.
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Juicemannn
EURCAD EURCAD — Speak My Mind (Mid-Term Flow)

Let’s go — keeping it short, sweet, and special for everybody learning.

We got an all-time respected structure here, and price is moving clean within that mid-term order flow.
The lower high’s been broken, and price pushed significantly higher before taking sell-side liquidity and pulling back into our nearest order block zone.

I was a little late for the sniper entry — been monitoring a hundred pairs —
so I’m going in aggressively this round, because structure is structure and mapping is mapping, as long as you map it properly.

I trade with liquidity in mind.
Once you understand how smart money directs, everything starts to respect your analysis —
price takes sell-side, takes buy-side, and then delivers where the intent is aimed.

Since we’ve cleared sell-side and mitigated the nearest OB,
I’ll be entering aggressively once market opens, targeting 5-minute highs first, and possibly 30-minute highs depending on market delivery through the session.

Structure aligns. Liquidity confirms. Smart money directs.
Let’s go. ⚔️
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EURCAD This supply is worrying me. Does it need to mitigate that HTF zone at 1.6155 i wonder.
EURCAD Hey everyone, Erik here.

EURCAD has been in a strong downtrend, though that bearish momentum is starting to lose its intensity. The market is now shaping what appears to be an inverse head and shoulders pattern, a classic sign that sellers may be running out of strength while buyers are beginning to show interest.

After the right shoulder formed, buyers made a confident move above the neckline, signaling a possible shift in market structure from bearish to bullish. At the moment, I’m watching for a short-term pullback toward the neckline area, a healthy retest that could confirm the strength of this move before any continuation higher.

As long as price holds above that level, the bullish scenario remains valid. The next upside target is around 1.63185, which aligns with the next resistance zone and the projected move derived from the pattern.

This setup is clean, logical, and full of potential. It illustrates how market momentum can shift naturally from exhaustion to recovery, hinting at the early stages of a possible trend reversal.
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EURCAD 🧭 Market Outlook
EUR/CAD showing early signs of bullish momentum!
After the latest ATR (Average True Range) pullback retest, buyers are gearing up for another leg higher.
The price is respecting its structure, and momentum indicators suggest a continuation to the upside if support zones hold strong.

🎯 Thief Trader’s Game Plan (Layering Strategy Style)
My approach uses multiple buy limit layers to manage risk and scale into strength:
💰 Buy Limit Layers:
1️⃣ 1.61400
2️⃣ 1.61600
3️⃣ 1.61800
4️⃣ 1.62000
(You can adjust or add more layers depending on your strategy)

🛑 Stop Loss (Thief’s Safety Net): 1.61000
⚠️ Note to all my fellow traders (Thief OG’s): I’m not recommending you use my exact SL.
Trade smart, manage your own risk, and take profits wisely — it’s your money, your decision!

🎯 Profit Targets
🏁 Target 1: 1.63200 — where the Hull MA signals potential overbought conditions.
🚧 Target 2: 1.64500 — a “police barricade” zone with heavy resistance and likely profit-taking pressure.

🔔 Take profit zones are flexible! Always adapt to live momentum and volatility.

📊 Technical Summary
✅ ATR confirms strength on pullback retest.
✅ Bullish structure maintained above 1.61400.
✅ Hull MA acts as overbought indicator — use it for dynamic exit guidance.
✅ Layering method smooths entries and reduces emotional decisions.

🌍 Correlated Pairs to Watch
Keep an eye on these related instruments for confirmation signals & momentum clues:
💱 EUR/USD – Often moves in sync when Euro strength is broad-based.
💱 USD/CAD – Inverse correlation; if CAD weakens, EUR/CAD may rise.
💱 EUR/AUD – Can reflect broader EUR sentiment against commodity-linked currencies.

Cross-check these pairs for momentum divergence or correlated movement before pulling the trigger!
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