EURCAD Sellers In Panic! BUY!
My dear followers,
This is my opinion on the EURCAD next move:
The asset is approaching an important pivot point 1.4493
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.4501
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Eurcad!
Sell EURCAD Bearish ChannelThe EUR/CAD pair on the M30 timeframe exhibits a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours.
Key Points:
Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern indicates ongoing selling pressure and potential for further decline.
Sell Entry: Consider entering a short position around the current price of 1.4503, situated close to the channel resistance. This offers an entry point near a potential reversal zone.
Target Levels: Initial bearish targets lie at the support levels of 1.4465 and 1.4452, marking previous support zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order above the channel resistance line at 1.4523. This helps limit potential losses if the trend breaks unexpectedly.
Thank you
EURCAD - Wait For The Bulls 🏹Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes.
On H4: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red.
📉 Meanwhile , EURCAD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
EURCAD/LONGThis video was just a quick technical analysis of eurcad basically breaking down market structure and the behavior of the market. in the video i show you guys how you can make a thesis or gather information from a simple pattern. mainly if you see a pattern you can draw your support and resistance levels at the top or bottom of these patterns and look to your left and gather information on WHY market made pattern at a certin level.
EURCAD/LONG
⚡️Strifor || USDCAD-07/02/2024Preferred direction: SELL
Comment: In addition to the euro and pound , the priority for selling the US dollar also applies to other majors . In this case, we will analyze USDCAD . In the medium and short term, the instrument is looking down quite confidently; we do not rule out a potential small rollback upward, but the main mood is, of course, bearish. In this regard, we highlight two main scenarios. Level 1.34000 acts as a target here for both scenarios. Scenario №1 is more about a short-term login attempt, and scenario №2 is more medium-term. Of course, scenario №2 will be more conservative than scenario №1 . One may also consider two scenarios simultaneously using the method of gradually gaining a position.
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EURCAD Massive Long! BUY!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4498 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.4525
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Yemi_Fx1 | Bearish Setup and opportunity on EURCAD EURCAD recently broke out of a wide-ranging consolidation zone between 1.4400 and 1.4650. The breakout was followed by an upward impulse move, reaching a high of 1.4620 before pulling back slightly.
The current price is testing a key resistance level around 1.4570. A rejection at the current level could lead to a pullback towards the previous support area around 1.4500
And a potential bear flag pattern has emerged on the 4-hour chart. This pattern is characterized by a preceding impulsive move, a consolidation phase, and a downward breakout from the consolidation. If the pattern hold This will lead to move in the favour of the bears.
If you found this helpful please support your fellow trader with a like.
Eurcad for a shortTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Cad seems to be pretty strong as compared to other majors (except USD)
Let's see if we do have oppo to short this pair. Same for AudCad
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EUR/CAD BEARS ARE STRONG HERE|SHORT
Hello,Friends!
EUR/CAD is making a bullish rebound on the 4H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.449 level.
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EURCAD (Bullish Bias) - Divergence & Double Bottom ReversalTrade 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?
⚡️Strifor || USDCAD-30/01/2024Preferred direction: BUY
Comment: The setup for long the Canadian dollar has changed a little, but as you can see, the direction is still in favor of the buyer. Limit purchases will most likely show themselves soon. Most likely, you will have to hold the deal until the Fed meeting, and also possibly until non-farm. The main growth target is the level of 1.36000 . After which, with a high degree of probability, the instrument will reverse into a deeper downward correction, or form a wider accumulation range.
Thank you for like and share your views!
EURCAD Sellers In Panic! BUY!
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 Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURCAD H4 | Potential bearish breakoutEURCAD 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.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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EURCAD: Bullish Continuation & Long Signal
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
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EURCAD The Target Is UP! BUY!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.4536 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.4607
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EUR/CAD +160 Pips 0 Drawdown , New Entry To Get Another 150 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCAD Analysis Price is currently in a William-Certified RangeEURCAD Analysis
Price is currently in a William-Certified Range (WCR), hovering near the 4H Support at 1.45500.
Scenario 1:
BUY entries can be taken the moment a bullish confirmation pattern is formed, with targets set at the 4H Resistance at 1.47200.
Scenario 2:
SELL entries can be taken after price breaks through the 4H support, retests it and forms a bearish confirmation pattern.
Targets will be placed at the next 4H Support at 1.44800.