EURCAD, Expecting Downi am expecting EURCAD down because of its liquidity zone is available on its resistance level
Eurcadforecast
EURCAD, i am short in D1In EURCAD, i am short in D1 because there is an POI available and i think that market will fall from here till unmitted POI
10 Reasons for Neutral EURCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: The trend is bearish side but forms a lower high
2 📆Monthly: a clear downtrend in monthly, but the current price is in a correction phase also taps there recent FVG and continues to upside
3 📅Weekly: inducement and Change chrecttor
4 🕛Daily: clear uptrend also fill out their targets new market may give us a strong reversal or correction
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish
6: 2 Pattern Candle Chart: Momentum candle /cup and handle
7: 3 Volume: below the average reversal
8: 4 Momentum UNCONVENTIONAL Rsi: rsi overbought
9: 5 Volatility measure Bollinger bands: double top
10: 6 Strength ADX: strength in bullish
11: 7 Sentiment ROC: this EUR is more substantial than CAD
✔️ Entry Time Frame: H4
12: Entry TF Structure: Bullish, but we are seeking a correction according to daily and weekly TF
13: entry move: Impulse
14: Support resistance base :
15: FIB:
☑️ final comments: Wait for this pair
16: 💡decision: Wait
17: 🚀Entry:
18: ✋Stop losel:
19: 🎯Take profit:
20: 😊Risk to reward Ratio:
🕛 Excepted Duration :
EURCAD possible short for 1.324026th & 27th daily bars formed two bar reversal for short. after two bar reversal formation each daily bar did not breach previous bar high, even breached low. supply zone for short 1.3430-65, stop loss: 1.3480-90, target: 1.3240.
EURCAD - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on EURCAD .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional mid figure 1.36000. My target is imbalance from 1.32640.
Upcoming week on Friday we have news about Unemployment Rate on CAD, that is forecasted to remain the same percentage, it means strong CAD.
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EURCAD ! Daily analysis, looking long tradeIt is currently trading at a very important level, so you might want to wait because 1.33900, which was previously a strong support, will now become a strong resistance + trend resistance line.
If today's candle can be broken resistance level and closed , maybe long trading plan can be made.
EURCAD SHORTStructure from the price always be a continuation and consolidation. In this case from the EURCAD in time frame, 4h price still in consolidation and waiting for confirmation price will be continuation for falling down or will be bouncing up to the top. in my opinion, this EURCAD will be falling down like what happened before, the chart already makes a flag pattern and it will be my confirmation. Remember to use money management if u take a trade!
EURCAD possible long for 1.34401.3290 strong resistance broke. 20th september daily absorption bar. demand zone 1.3290-75, stop loss 1.3230, target: 1.3440.
EURCAD is preparing for a breakout!!EURCAD 4h Has formed strong bullish price action. Currently, price is in a local uptrend as there is a monthly resistance coming up, It is highly likely that EURCAD will continue to rise to test this previous monthly support as resistance.
On 4h timeframe, EURCAD has created a bullish engulfer on the support level in the last session signaling the further rise. On the news announcement, price may have a spike to the upside.
⭕️SELL EURCAD at the best place and time 🔥🔰You can see the analysis of Euro to Canadian dollar in the four-hour time frame (EURCAD _ 4H)🧨🧨
💥As it is clear from the picture, it can be said that the price has a Range behavior❗🧐 If the black🖤 ascending trend line is broken and the price stabilizes❗ below this line and then the price pullback❗ to the trend line, we can expect the price to fall to the first DEMAND zone🔻
SUPPLY zone and DEMAND zones are specified in the picture👌
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
__________📈TRADER STREET📉___________
EURCAD Short From Resistance!
EURCAD has retested a local
Horizontal resistance level at: 1.32305
And we've already seen some
Bearish reaction so a further
Move down is possible
EURCAD Local Short !!EUR-CAD broke the rising trend-line
Then went up to retest the broken level and horizontal resistance at 1.31223
From where I am expecting a local bearish reaction
And a move down to retest the target below 1.28979
EURCAD $EURCAD Initial LongEURCAD $EURCAD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
EURCAD - Buy - Support on Higher timeframeprice has channelled down to a strong support area, short term buy to at least to of the channel.
EURCAD TESTING THE SUPPORT ZONEEurCad is currently testing the support region, this pair is currently trapped in a box-like consolidation and has shown some bullish rejections.
Breaking down the chart, we could carefully see a falling wedge pattern which indicates a bullish reversal and also adds to my assumption.
July 1st, we all saw a bullish movement on some EUR pairs despite the turmoil happening around Europe.
Buying from this current region will be a strategic and definite move since it is currently rejecting the falling wedge + box consolidation support zone.
What is your prediction? any comment? please do leave below and follow for more.
EURCAD Accumulation for long #EURCAD, eurcad weekly accumulation for medium to longer long. Initial target 1.3890 next target 1.4080 that will take time.
EURCAD Triple bottom formation??#eurcad, until hold support 1.3400 may expect forming triple bottom, 1.3560 need to break for confirmation.
EURCAD | NEw perspectiveIf we look closely into what has been happening since yesterday on a lower timeframe, we will notice how it appears that price action has been rejecting the Bearish trendline identified on the daily time frame. In this regard, I want to be looking forward to selling opportunities right below the key level identified at 1.36900
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURCAD Eve Bottom suspect bullish reversal for 1.387029th April daily key reversal bar dictating bullish reversal. weekly bar is inside bar did not make new low or high, confined within the range of the previous weekly bar. suspect bullish for target 1.3870. stop loss below key reversal bar.
EURCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD | NEw perspectiveConsidering the long term bearish momentum coupled with a reversal set-up on the 1H time frame; It is advisable that we look out for selling opportunities at this juncture in the market. So with a key level identified at 1.355, we shall be using this level as a yardstick for our position.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURCHF and EURCAD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
