This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.4675 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4658 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
the 4h chart, waiting to see if the demand holds and we get a rejection from the trend line for a buy back up to the supply.
-Weekly bull move pullback holing right on 26 ema. -Weekly reverse hnd formation. -Daily consolidation area with absorption around the 40% of the original bull move. -Second consolidation with a shakeout around 50% of the move. Entry after a confirmative strong bull candle-move or after a bullish pattern. Stop bellow the pullback move that takes...
chart has already broke its first support so we can take entry after break of second support.
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
The reason I'm going long is because All of the time frames are bullish (Weekly, Daily and 4 hour). It failed to break the Daily support. There was a 4 hour engulfish candlestick on the Daily AOI hence making it a high probability to continue long. The trade was taken on a Thursday (good trading day)
EUR/CAD Bullish After Lagarde's Comments ECB’s Lagarde commented yesterday: " The fight against inflation is not over". Growth in Europe is mediocre, much slower than in the US We’re clearly seeing timid signs of recovery The game (of fighting inflation) is not over This was a hawkish comment made at a time when everyone expected the ECB to cut rates at the...
d1: Bullish OB has been created and the last bearish candle is a pin bar h1: Choch is created and we have and OB with high volume of bullish engulfing candle so open a limit long position
because the price accumulate and make 1-2-3 wave uptrend h1 so i moved the order limit to new ob h1
OANDA:EURCAD The price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.45867 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the EUR and CAD exchange rates
EURCAD is moving from the lower boundary of the channel. The chart has pushed off from an important support, forming a double bottom. The price is testing the dynamic resistance. We think that the price will continue to rebound to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
H1 - Downtrend line breakout. Bullish convergence. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
Hello,Friends! We are targeting the 1.465 level area with our short trade on EUR/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Eurcad is at its buying zone daily and 4hrs support
Here is our detailed technical review for EURCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.464. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.469 level soon. P.S The term oversold refers to a...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.4715, which is an overlap resistance. Our take profit will be at 1.4657, a pullback support level. The stop loss will be placed at 1.4780, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...