Get started

Eurcadanalysis

Invalidated the bearish order flow and hikedInitially the market was in a bearish channel characterised by an order flow of lower lows and higher lows, then price created a low at 1.41578 and pushed to the upside to invalidate the bearish channel. We then had a slight pullback to correct the imbalance and drastically hiked. The market printed an inverted shooting to indicate loss of bullish momentum, now price is expected to drop to the fair value, then the demand and then resume with the bullish move to the external 1h liquidity pool…
by tokelohomi
EURCAD LONG TERM SELLING TRADEAug 21 Hello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
Long Opportunity For EURCADMarket Structure is KING! Hey, if you like this idea be sure to support with a like and a follow. Here is my analysis for EURCAD for the upcoming week. CAD News on Tuesday during the NY session. I'm looking to buy for a short-term pullback. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL TREND? Market structure will give you direction. 3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE. 6. CHECK FOR DIVERGENCE.
Long
by bluesignalfx
1
EURCAD Trade IdeaThe EURCAD has currently reached a pivotal support level following a significant downtrend. It is evident that the price has become over-extended, signaling a potential retracement in the near future. Our trading strategy entails establishing a short position should the price retrace into our predefined selling zone. I adhere to a prudent approach when determining position sizes, typically allotting approximately 0.2% of my account balance to each trade, with a maximum exposure of 2% at any given time. It is essential to emphasize that this information should not be construed as financial advice, as trading carries inherent risks. Emphasizing the implementation of robust risk management techniques is of paramount importance.
Short
by fxtraderanthony
Bearish Outlook: EurCad's Potential 500 Pip Drop AheadSince the beginning of 2023, EurCad's price has been trading above 1.4250, a level that became a very important line in the sand, with a test in January, February, and back in June, Recently, the price came back to this level and after only one day of consolidation, yesterday broke under. This is a very important break for the pair and opens the door for further losses. As we can see from the chart, yet another important break happened at the beginning of the month- The ascending trend line support- and also the price action from the past 12 months resembles an H&S. All in all, I expect a drop of around 500 pips in the coming months and a positional trader could take advantage of such a trade.
Short
by Mihai_Iacob
9
EURCAD ↗️ ↘️ Analysis (double Bottom ) Hello Everyone 🙋🏽‍♂️ As we could see at the end of the descending channel, we had Double bottom and the most recommended movement after the This move is a ascending trend, so we had two scenarios her as we could se on the chart, 1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.43900 2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 1.42700 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
by EMA_Trading
4