Hello,Traders! EUR-CAD went up to Retest the horizontal Resistance of 1.4560 From where we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Trade Plan Script shows Bullish Bias ( Buy Stop at LH) due to 1H and 4H Divergence Pattern, Double Bottom Reversal Pattern. However, price broke the range (Support & Resistance), lets see if the buy stop gets triggered. If this happens, high chance of price back in range. What do you think about this idea?
Hello everyone. On EUR/CAD on D tf we have IC area and we waiting for the price to come down again and to re-test. For now, on 1h as you can see, the price is in the consolidation and for now im not looking for any trade. Be patience
when you open your D1 time frame you can see a clear down, market was ranging but finally it broke to the down side, but it should go up to retest a break out, that is why I'm seeing a small bullish trend before a huge move to the down side. NB:NO REVERSAL PATTERNS NO ENTRY.
My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4560 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4609 Recommended Stop Loss - 1.4533 About Used...
EURCAD could fall towards an overlap support and potentially break through this level to drop lower. Sell entry is at 1.44854 which is a potential breakout level. Stop loss is at 1.45612 which is a level that sits above an overlap resistance. Take profit is at 1.43862 which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin...
We had more than a month of consolidation inside this range. IMO, breakout soon and to the downside. Two supporting points for this idea. 1. A large bearish engulfing bar on 15 Dec 2023 provides the top. 2. Bearish order flow on H4 chart over the past week.
this pair will take time because of strong bearish strength any long from the lower wick as per the pattern can be fruitful
Since the market has started making a bearish trend. Still, there is no bullish divergence. We will sell it at the current market price. The currency indices are calling for a short trade.
EURCAD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURCAD Entry Level - 1.4566 Sl - 1.4530 Tp - 1.4640 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello Traders ! On The Daily Time Frame, The EURCAD Price Created a Rectangle Pattern. The Support Level is Broken. So, I Predict a Bearish Move📉 ----------- TARGET: 1.43650🎯
eur/cad make lower low lower high. now RSI shows bullish divergence so it possible is bear trend will end now and the chart move on to a bull trend soon. Trade Details: order type Buy stop: 1.45882 stop loss: 1.45023 Take profit: 1.46773
Good morning traders, is i sad yesterday, the price will continue with down momentum. Stay patience and wait for the price to give us the best entry. Remember, 20% trade, 80% wait
EURCAD: With today's data release potentially impacting EUR, consider positioning for a pullback.
sell eurcad BOS, Trend continuation, Fair value gap entry.
Manage risk during news time, intraday trade tp and sl mentioned not a financial advice
Just broke great floor. A retest is up. It is a matter of waiting for the best moment for entry so SL can make sense.