Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Overview FX:EURCAD was in a bullish trend, however price formed bearish divergence and hence there was possibility of a bearish trend formation! Analysis & Plan Bullish trend of FX:EURCAD was showing weakness due to bearish divergence. Our plan was to observer the market and expect a bearish trend formation. Our entry was on break of the last two HL...
Eur/Cad has printed a double top on the daily time frame! This is exactly what we wanted to see!!! It has retested resistance on the daily chart! This is a sell idea because we have a double top reversal pattern on the daily time frame! This is a swing trade idea and I will have 3 trades open with 3 take profit areas!
I have a sell stop at the break of the previous 1HR lows. We can see price has come into 1.49000 perfectly and rejected. We all already in a confirmed downtrend using the 20EMA & 50MA as confirmation. My target will be EUR/CAD making new lows.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.48000. Fundamental analysis: Next week we have news on...
Not fan of elliot wave But i believe long time has come to the end We are short now Good luck
EURCAD CHART ANALYSIS POSTED ON MONDAY!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Trade safe and use always proper risk management. Thanks in advance for checking my trade idea.
Reasons for selling: Trendline breakout Risings wedge breakout Key level breakout Change from bullish to bearish market structure. The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities inline with the bearish higher time frame trend.
Here is a potential short setting up. I think it will be a while until price gets there if it choses to push up. It looks very similar to GBP/JPY but a few days ahead. I'll break down the similarities in the future. There were levels that were hit and price barely missed this last level before turning down. This level is still in play and I will be paying close...
Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. FX:EURCAD is following structure to my liking, seeing a great opportunity for selling this all the way down. Risking 1% for 13%, I always take amount invested as partial and let rest run. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
EURCAD preforming Head & shoulder We expected short
EURCAD rising wedge breakout on daily TF Taking short and hold till 1.4 Not a financial advise just I am Sharing my trade
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: We are here in bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.46000, as well 0.786 level of FIBO which is discount zone. Fundamental...
whats up traders! looking here at eurcad looks decent for a 1/1.5 R/R trade inofmration shared is for educational and demo purposes only! disclaimer- trading is risky and you can loose some or all of you money trading in the financial markets!
EURCAD 1H is printing descending triangle pattern so we placed sell stop below the support with the sl at LH.
this will be my next idea for eurcad it will respect these zone and gonna up if reach stop i will hold sell stop idea