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 1.457. ✅LIKE AND COMMENT MY IDEAS✅
EURCAD moving in range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.
Pair Name : EUR/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Retest...
Pair Name : EUR/CAD Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— VIP Opportunity Take Profit 1 Account Growth = 5 % Pip' Achieved = 60 PIP
Pair Name : EUR/CAD Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— VIP Opportunity Take Profit 1 + 2 + 3 Account Growth = 15 % Pip' Achieved = 180 PIP
EURCAD is on a strong rise following the double Support test as outlined on the plan we published 6 weeks ago (see chart at the end). The 1D timeframe is on green technicals (RSI = 64.005, MACD = 0.003, ADX = 30.986) but the RSI is near the top of the 8 month Channel Down, so it would be justifed to see a technical pullback near the 1D MA50 before the 2nd part of...
the analysis of this pair is still in line with the last analysis. the price is heading to the SnD area and is stuck. there is a possibility of sideways before the price continues the bullish trend again.
Preferred direction: SELL Comment: When approaching the support level of 1.31385, the currency pair immediately received a signal from buyers and rebounded. However, most likely this is a partial fixation of sellers whose ambitions locate below this support. By the end of this week, it is expected that the instrument will drop below this level. Before the...
Hello Traders👋🏻 On The Daily Time Frame The EURCAD Price Reached a Resistance Level (1.46028 - 1.46496). Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 1.47200🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURCAD is breaking up, but pull back eyed on the 4-hour time frame.
The EURCAD pair has established trading above the 1D MA50 in the past 3 days and today should attempt to re-test it as a Support. Technically, this is the start of a bullish leg similar to Feb 15- Apr 25 towards the yearly High. Even though the last confirmation will be when the 1D RSI breaks above its Lower Highs trend-line, we are going already long on EURCAD to...
-SL2 @ 1.7525 (conservative) -SL1 @ 1.7215 (moderate) -SL1 @ 1.7000 (aggressive) SLO2 @ 1.6965 SLO1 @ 1.6459 TP3 @ 1.6203 TP2 @ 1.5282 TP1 @ 1.3825 SUPPORT @ 1.2946 IBR @ 1.2408 ADDITIONAL INFO: Shaving 25% from TP1/TP2 Closing ALL Buy Orders @ TP3
if you look at the movement of this pair on the D1 time frame, it looks like the price is stuck at a fairly strong resistance, and last week the price managed to breakout from the resistance (SR Flip). if you look at the bullish candle that formed a few days ago, the possibility of continuing the bullish trend is still strong. you can go long when the price...
Hey Traders, in this week we are monitoring EURCAD for a selling opportunity around 1.48 zone, EURCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.48 supply and demand area. Trade safe, Joe.
✅EUR_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.465 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Price has broken a key resistance-turned-support at 1.4516 which forms the basis of our potential bounce - this level also happens to coincide with the 23.6% Fibonacci retracement. A bounce from here could see prices rise towards the 1.4631 level which is our next big overlap resistance. Please be advised that the information presented on TradingView is provided...
EUR-CAD broke the key Horizontal level of 1.45216 And the breakout is Confirmed so I think That we will see Bullish continuation !
EURCAD is breaking the channel resistance, but there is no the reaction that everyone is waiting for. A bottom has formed on d1 and a counter-trend movement is starting to form. TA on the high timeframe: 1) Price breaks the resistance at 1.45120, but there is no impulse, which should happen when breaking the resistance 2) The same flat is formed. The price may...