EURCAD IDEAHello,
Based on my analysis of the chart my idea for EURCAD is:
TREND: Bullish
ENTRY: 1.43360
TARGET:1.46294
STOP LOSS: 1.42274
Eurcadanalysis
EURCAD Sell IdeaPrice Visiting Bearish Order Block
Now Wait for Rejection and BOS (Break of Structure) on M15 for Confirmation.
Risk Disclosure:
This is just a Market Overview Based on Current Conditions.
Follow Risk Management.
EURCAD lONGEvidence:
1. MA 200
2. Morning Star
3. RSI Divergence
4. Daily Level
5. Price movie continuously downward
6. Market Structure
NOTE: Take this trade after doing your own Analysis this is just an Idea of what I am doing. Do this at your own RISK.
EURCAD- A nice SELLING Opportunity!Dear Traders, EURCAD has developed a nice distribution cycle when we talk about smart money concept. We have identified a potential area where we can see a nice sell off; our approach on EUR long term is bearish and CAD somewhere stronger currency index when we compare these two.
-ENTRY SHOULD BE EXACTLY AT THE OB AREA.
-STOP LOSS NO MORE THAN 50 PIPS
-TP 200-300 PIPS.
Buying $EURCAD hereTrade type AAA
Reasons for taking this trade:
We are longterm bullish hence it would make sense to take buys here.
The liquidity pool at 1.43300 has already been filled.
1HR candlestick has closed bullish and its engulfing (the better)
We have had the 3 touch move already in which our bias is supported by the liquidity pool as explained above.
We are 2 hours past London open hence there is liquidity.
I am targeting to areas for TP.
Trade type glossary
Trade type AAA - Very good
Trade type BBB - Nice
Trade type CCC -🧐
This trade is based on the analysis of my previous idea:
Buying $EURCAD here (second trade entry)Trade type AAA
our previous idea: hit the first TP💦 hence confirmation enabling us to get a second entry for the second trade.
Reasons for taking this trade:
Our first tp was a very sensitive price level hence after hitting that price we have receeived confirmation for continuation by:
1hr candlestick is a bullish engulfing candlestick hence that is good.
We are close to London (2 mins approx) open hence volume will be available.
You see the blue line? price level - 1.44088 Price did not close below that area. That is good
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
eurcad SHORTwe have a range in price with eurcad set to break out to the downside
momentum position for sellers
EURCAD Short In this EURCAD we can a selling opportunity for a good time on one hour timeframe after it retests to confirm our bearish move. Make sure you follow your own analysis, this is just my understanding
EURCAD Short IdeaPrice broke through the 200ema and showed strong rejection at resistance zone, also there is a price imbalance around the the 1.428 area. Bias is sell
SL 1.4463 or according to your equity
TP1 1.4350
TP2 1.4300
TP3 1.4275
EURCAD Bearish confirmationEurcad test the strong resistance the price will be drop sharp to pointed levels good luck
EURCAD LONG Head and shoulder formed from a support level, will look for an entry for long if price breaks the neck line in confluence with breaking the psychological level of 1.4400, to target 300 pip
DeGRAM | EURCAD false breakEURCAD made false break of the resistance level even though it's moving in the ascending channel.
Price action was rejected by psychological level 1.44000, and closed below it meaning bulls are running out of the steam.
We might see the ascending channel breakout and a sharp move down.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR/CAD New Short Setup To Get 300 Pips With Very Easy AnalysisThis 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 is about to fall down!Due to the previous fall in EURCAD chart and the way it's coming up, We could see that the buyers don't have much power.
also there is a time divergence plus a hidden divergence in MACD, We could expect another fall in its chart.
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what is your idea about this chart?
EURCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURCAD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. We are near the point of interest, I wait price to fulfill the imbalance and to reject from bearish order block to open a short position.
‼️Attention!!! Due to the fact that we have news on CAD upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
EURCAD : Short Trade , 4hHello traders, we want to check the EURCAD chart in the 4-hour time frame. The price is moving in a range channel and when it has reached the bottom of the channel, it is making a price correction in a downward channel and has reached the key level of 1.44000 We expect the price to continue its downward trend and test the bottom of the range channel again and fall around the price of 1.42600. If the downward trend is strong and can break the bottom of the range channel and below the price of 1. 42300 stabilizes itself, the next possible price target is 1.40900. Good luck.
EURCAD Next Move Bearish ??Pair : EURCAD ( Euro / Canadian Dollar )
Description :
Rising Wedge in Long Time Frame acting as a Corrective Pattern and Rejecting from the Upper Trend Line
Divergence
Break of Structure
Bearish Channel and Rejection from Upper Trend Line
Completed " wxyx " Corrective Wave
Breakout of S / R Level with Retracement
EURCAD Trading Plan - 15/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect EURCAD to go Up after finishing 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 can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Within the zoneEURCAD has violated the daily significant area, should it break out to the down side, then we expect it to hit the daily order block. But if it stays within, then we should expect the market to push up to the support area at 1.43601…
EUR/CAD SEEMS BUY CORRECTION THEN LONG SELL ....
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EURCAD SELL Hello Guys, Happy Sunday trust you are having a Blessed Day, Let’s Focused on EURCAD Sell Movement so Basically I do not have much to say on this analysis but I would probably advise you to save this picture and wait for it to play out before taking a sell because lot of money coming in on EURCAD.
We broke our trend line and price went to a support lvl and what we are Currently waiting on price to reject the support lvl so we can see retest on our fib lvl 0.61 area which is the sell Zone, so let’s wait patiently for trade Confirmation, this would be my last a analysis for the day thanks guys.
