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 Break...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below...
Hello Traders ! On Thursday 25 April, The EURCAD Price Reached The Resistance Line and Failed To Break it ! The Last Higher Low is Broken (Change of Character). So, I Expect a Bearish Move 📉. ----------- TARGET: 1.45965🎯
Hello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47500 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.47500 support and resistance area. Trade safe, Joe.
The price perfectly fulfills my last idea. It hit the target. FX:EURCAD broke through the range zone, and it pulled back to it after testing the support. Price action made impulse moves down from resistance, where a swap zone was formed. The market trend is bearish; therefore, I expect the price to continue to move lower toward support from resistance, which is...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward...
Possible Setup. Higher TF is bearish based on price action. Market reacting to fib area + 4HR reversal pattern. Let's see if the sellers are in for the downside
EUR/CAD is rising towards a resistance zone that is bounded by the descending trendline and Fibonacci retracement levels. It could potentially reverse off this zone to drop lower. Sell entry is between 1.4650 and 1.4655 which is a resistance zone that is bounded by the descending trendline and Fibonacci retracements at 38.2% and 50.0% levels. Stop loss is at...
Opportunity: EURCAD Buys. I have set a buy stop @ 1.46900 SL @ 1.46550 TP1 @ 1.47896 From this pair I see a continuation of the bullish pattern to give us new monthly highs. The final TP is @ 1.49150 area, because this is an area of imbalance, supply zone, Fibo golden zone and would be a quarterly high.
This is my Setup for Eurcad. In a bearish market conditions, we have to look for Sell Orders. Look for the LTF confirmation before entry. Thank You.
Hello,Traders! EUR-CAD went down And will soon retest a Rising support from where We will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURCAD Entry - 1.4699 Sl - 1.4728 Tp - 1.4647 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Possible Setup. Higher TF is bearish based on price action. Market reacting to a daily structure + 4HR reversal pattern. Let's see if the sellers are in for the downside
Hello,Friends! EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.463...