EURCAD pulling back to the confluence level. Price is making lower lows and lower closes. The market dropped from this resistance before. It is decelerating while approaching the channel border and the 61.8% fibo golden zone. We expect a trend down from the confluence. ------------------- Share your opinion in the comments and support the idea with like....
Hello Traders! This is my forecast for EURCAD H1. I expect the price to take the OB level after that, I will wait for a short trade confirmation as I see the structure continuously bearish. Wait for confirmation! Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the...
EURCAD pulled back following the divergence. It created a pinbar on the D chart, meaning level rejection. Price action is consolidating around the psychological level of 1.47000. We might see a sharp move down if the price breaks and closes below the support. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
Hello traders, we want to check the EURCAD chart. The price is moving in an ascending channel, but it has reached a certain resistance level that the price has reacted to several times in the past. We expect this level to stop the upward trend of the price and the price will fall to around 1.46700. Good luck.
EURCAD is moving in the descending channel, approaching the psychological level. Price broke and closed above the previous high. It is moving to the resistance where the market dopped twice. If the market reaches this level, there is a nice kill zone to short the market: channel border, resistance or psychological level at 1.47000, and 88.6% fibo retracement...
Well, The price had a bullish reaction after touching the daily FVG, so I expect a more bullish move in EURCAD. As the first target, we can define the liquidity pool that formed as an equal high at 1.4573. The price formed the bearish order block, we should study the price in this zone because it is an important supply zone, if the price breaks this zone we can...
EURCAD is moving in the ascending channel, but as you can see, the market overall is consolidating. Price broke and closed above the previous high. It is moving to the resistance, where the market dropped. We expect a bearish move from the kill zone,where we have a harmonic pattern, resistance, and fibo extension level. ------------------- Share your opinion...
EURCAD: With today's data release potentially impacting EUR, consider positioning for a pullback.
EUR-CAD is going down now But will soon hit a horizontal Support of 1.45667 from where A local bullish rebound Is to be expected !
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
EURCAD is moving in an ascending channel, making higher highs and higher closes. The market is pulling back to the support level and 50% fibo level. The market created the bullish harmonic pattern, which is extra confluence. We expect a pullback trade from the confluence level. ------------------- Share your opinion in the comments and support the idea with...
EURCAD rebounded from the psychological level at 1.47000 in the channel. Bulls could not push the price higher, and it dropped pullback to the consolidation zone on the left. Price action might create an AB=CD pattern. We expect a pullback, completing the D point at the lower border of the channel. ------------------- Share your opinion in the comments and...
EURCAD made a complex pullback after a massive sell off. The major trend is bearish. Price action created the kill zone; the descending channel's border, and the 61.8% fibo golden zone. We might see a rejection of the resistance and bearish moves continue trending. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
Hello traders, we want to check the EURCAD chart. The price has broken the ascending channel and is currently moving in a descending channel. The price has reached the indicated key level and we expect this level to stop the downward trend of the price. If the price cannot break this level downwards and break the descending channel upwards, our first target will...
EURCAD looks like it has faced rejection and is making its way on downward trend from this reversal. Sell pressures seem strong and the trend on the daily shows it will continue to fall from here. Please enter this trade with proper risk. EURCAD Sell/Short ENTRY: 1.49120 TAKE PROFITS: TP 1: 1.44637 SL: 1.49782 MONSTER SWING TRADE 2-5% risk capital.
Recently, the EURCAD has exhibited bullish momentum, primarily propelled by the robust performance of the EURO. This video delves deep into dissecting this trend, scrutinizing price action, and exploring a potential trade opportunity through an analysis of scenarios on the 1D daily timeframe. Expect comprehensive insights into price dynamics, market structure,...
EURCAD broke and closed below the consolidation zone. Price is creating an AB=CD pattern. Price action is pulling back to the consolidation zone, which usually acts as support and resistance. We anticipate a breakout pullback and continuation trade from the consolidation zone. ------------------- Share your opinion in the comments and support the idea with a...
Here is my analysis for EURCAD on H1 using Order Block. 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!