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
Quick update on this idea posted a couple of days ago as expected we got the move up to create the new high into the Weekly SELL/DEMAND inside the Monthly area above 1.48 and into the 1.49. As wrote in the last post that I would be looking for a 12hour or Daily signal on my TRFX king to enter the market which has just given the signal so in we go :) I will...
FX:EURCAD The first trade idea for eurcad didn't pan out as expected, price ended up trickling up to test resistance at 1.47829. New trade idea, I'm looking to sell only if price fall below 1.47400 and then a 15 min consolidation or if price creates a 3-touch channel as I indicated on the chart, then I can confidently look for a short position
I am going short on EurCad as it has form an double top pattern. My setup will be invalid if it breaks above the resistance and continues to buy
waiting for price to pill back ti 1.47100 and consolidate on a 15min timeframe then sell. profit targert 1.46500 stoploss 1.47200
This pair has just popped a new HIGH on the Monthly charts and took out a previous MONTHLY SUPPLY SELL zone and looks like it has it's sights set on the 1.50 price level which sits nicely inside a MONTHLY SUPPLY/SELL zone which starts around 1.48 which is marked in red on the chart. Inside the Monthly level sits a nice WEEKLY SUPPLY/SELL also which is around the...
I am looking to short EurCad as it is at a strong resistance/support zone and it did a fake break out on the trendline. My setup will be invalid if it passes the orange resistance and closes above it, that is when I will know that we are still continuing with buys
After the impulsive leg, price start to consolidate printing a bearish flag continuation pattern. Anticipating for the next impulsive movement. I'll be considering A Risk entry type at the top of the bearish flag structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag. Share your...
Showing Signs Of Bearish wave Forming Rising Wedge In daily timeframe Incase Of breakout expecting 400 to 420 pips Bearish Move Rsi Massive Bearish Divergence Also Confirming Bearish Move Keep Eyes On for Breakout
I think EURCAD will go up as clearly described on the chart. My entry, take profit and stop loss are clearly marked as well. Disclaimer This publication is financial advice but strictly for educational purposes only.
Looks like EURCAD is good for selling right now! What do you think? Comment your analysis on EURCAD.
In the daily time frame, we reached a strong resistance level, and in the lower time frames, we see weakness in the current movement. This weakness can be seen in the negative divergence and we expect to see the price return to the specified area in these areas. By checking the skewness coefficient, we realize that this weakness started from very low areas and...
The EURCAD has just completed a market maker buy model ( MMBM) both on the 4hour timeframe and daily time frame It has taken buy stops ( BSL) which is another confluence and reason to SHORT the EURCAD , we can remember that there is always SELL orders above Previous highs, either Previous week highs, previous day highs or old highs Its time to find SELL...