TRADE IDEA: EURCAD market broke above my channel (bearish trend) giving us a nice market retest at 1.45570,will be looking for buying opportunities as buyers are preparing to push the market to the upside.
Hello traders, we want to check the EURCAD chart. The price is moving in a range area. We expect the price to react to the ceiling of the range channel again and fall to the price of 1.45400. Good luck.
My dear subscribers , This is my opinion on the EUR/CAD next move: The market is trading on 1.46025 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Target - 1.45092 My Stop Loss - 1.46550 About Used Indicators: Super-trend...
The EURCAD has been in a downtrend for a while, we are looking to take trades that are going with the trend. The POI is a 1H POI just above the 79% retracement level.
Welcome back! Let me know your thoughts in the comments! ** USDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello,Friends! EUR/CAD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
After price broke structure with a huge bearish momentum, it retraced slowly into the imbalance that it had left behind. It formed liquidity below an identified golden zone that it could possibly use to reverse and continue with is extension to the downside.
EUR-CAD broke the long-term Falling resistance and the Breakout is confirmed So we are now bullish biased Despite the nearby horizontal Resistance level so I think that After the pullback and retest Of the broken line we will See a bullish move up !
Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Waiting for a retest of 1.46298 to short EURCAD back to key support at 1.43403 If you agree drop a like and if you have any questions leave a comment :)
Hey Traders, in tomorrow's trading session we are monitoring EURCAD for a selling opportunity around 1.46700 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46700 support and resistance zone. Trade safe, Joe.
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Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: As I said in my previous analysis here price continue bearish price action, now I add new short position as price filled the imbalance and rejected from bearish order block + institutional big figure 1.46000. Fundamental analysis: Next week on Friday will be released Unemployment Rate on...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
TRADE IDEA: EURCAD looking for buying opportunities as the market is currently sitting at 1.45026 support level
Please, check our technical outlook for EURCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.450. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.442 level soon. P.S Please, note that an...
Hello,Friends! We are going long on the EUR/CAD with the target of 1.484 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅