EURCAD Long Opportunity with 20R Setup+OB with FVG lying and liquidities lying above
RRR at least 1:20
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Eurcadlong
EURCADHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURCAD view with Order block
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
SUPPLY AND DEMAND - EURCAD (5-11 Dec 2021)MN TF: reacting from Demand (longs)
W1 TF: reacting from Demand but reaching W1 & MN Supply zone
D1 TF:
D1 Demand zone to buy from if price retraces before continuing uptrend to opposite zone
H4 TF:
H1 TF:
2 buy zones identified
continue bullish on EURCADTechnically we can see the bounce back from 1.42560, we had spike bullish candle follow of that beside we break a strong resistance on 1.44690 and now I am expecting a pullback from here and in accordance with incoming volume we can expecting continuing uptrend.
Don't forget the money management.
comments your ideas below thank you(:
Wait for the breakout signal and buying opportunity with EURCADH1 time frame.
Structure: Uptrend.
The price is currently moving in the sideway from 1.44000 to 1.45500 and retesting the Key level of the previous downtrend.
Wait for the price to confirm a rise above 1.45500 and appear bullish continuation candlestick patterns, then you can find buying opportunities.
The profit target is the 1.47700 price zone.
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Wish you all have a good trading day!
EURCAD Channeling Energy For Further Upside MovementOANDA:EURCAD
01122021 2229 + - SGT
Just realised I can't post images, yet.
Hello World!
This is my first time publishing my thoughts on TradingView. Please be kind :)
I entered TradingView and was scanning the chart and I saw that price has made Over Sold at the Stochastics. I then drew the Trend Line connecting the two low points, cloned the Trend Line, and placed it on the upper bound of the current price action. Voila! Found the Upwards Channel.
The price action is still evolving and I do expect all possible kinds of movement that could occur that would null this Upside Channel, and if that is so, we have to look elsewhere.
In the meantime, I am expecting price to hit the upper bound of the channel and fall back around the area where I marked using the RR tool. I am looking for a 2 to 1 RR.
The thin Horizontal line above the channel is an area of resistance that I marked out when I was checking for the overall trend on the 4H Time Frame.
I will update this post in the days to come.
Have Fun. :)
EURCADEURCAD A while ago we analysed the it on 2 days time frame and so far it has been achieved + 380 pips , go and see it below , in short , We are still looking to buy, especially after
A right-angled triangle and a breach of the resistance..expected for the euro cad, a continuation of the rise according to the expected target of the pattern..Stay safe as we move the market with our analysis
EUR/CAD BUY NOW 📉Hello and welcome traders to another trade idea with Fobian
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
EurCad can rise above 1.5After a false break under 1.43 support, EurCad reversed strongly on Friday, putting in an immense bullish engulfing on our chart, which engulfs almost 2 months of trading.
1.4450 provides support now and dips towards that zone should be bought.
Bulls target can be 1.5 zone resistance and only EurCad under 1.43 would negate this scenario
Wait for the buy signal to appear with EURCADH4 time frame.
Structure: Downtrend.
Key level at 1.44500 has been broken. The price is forming a retest of this support.
Wait for the continuation of buying pattern to appear, then you can find an opportunity to enter an order with EURCAD.
The profit target is the 1.47500 price zone.
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Wish you all have a good trading day!
EURCAD SHORTS RISKY 📉📉📉Risky entry there, price took out all the buy side liquidity taking out stops on old highs ,,retail resistance,, and also took out stops on weekly high rejecting exactly from 1.45500 psychological area, price left a lot of imbalances bullish that should magnetize price back above 1.43000 / 1.42000.
What do you think ? Comment below ...
Outlook on EURCAD: Bearish play seenOn the H4 time frame, we are seeing a bearish order flow with the break of structure below the H4 low. On the M30 time frame, prices mitigated a key supply zone area where we saw a reversal and a pullback to test its resistance zone at 1.43272, in line with the 78.6% Fibonacci retracement could present an opportunity to play the drop. Stochastic is approaching resistance as well, where we could see a reversal, in line with our bearish bias.
EURCAD - LONG POSITIONCFTC Speculative Net Positions against the Dollar are giving a long bias for both EUR and CAD, but a bigger one for the EUR (0.547 vs 0.410), and that disadvantage on the CAD is even bigger because of falling Oil prices due to geopolitical factors. Bank valuation on this currency pair sits at 1.4320-1.4350 for the next three months, which means that it is quite undervalued at this moment. 25 Delta Risk Reversals for 1 month expiry options shows that the Euro is starting to bite back at the dollar, reducing the diferential between EUR/USD calls and puts since Asia. And because of what we mentioned before about Oil , the loonie is struggling to show its teeth against the dollar, and it has been like that since the eighth, when Puts started to be on a really high demand and volatility rose, increasing even more the swings on the price.
Technicals: Break of the trend, Divergence on the RSI.
FX:EURCAD
eurcadEURCAD - Long
Why are we entering?
- Expecting CAD weakness & EUR strength = EURCAD Long
- Keep looking for buys everytime price goes to the bottom
What are we waiting for to happen?
- Bounce off the bottom
- CAD index to become bearish and EUR index to turn bullish
What is our confirmation?
- CAD index to continue reversing
Entry
No Safe Entry.
Risk Entry: Bounce off the bottom
Once entered, where will our Stoploss be?
- Below the lows
Where do we take profits?
- First TP: 1.472
- Second TP: 1.5
eurcadEURCAD - Long
Why are we entering?
- Price is in a descending ABCDE wedge and we are approaching the weekly structure level (1.43)
- Expecting CAD weakness & EUR strength = EURCAD Long
- Keep looking for buys everytime price goes to the bottom
What are we waiting for to happen?
- Bounce off the bottom
- CAD index to become bearish and EUR index to turn bullish
What is our confirmation?
- CAD index to continue reversing
Entry
No Safe Entry.
Risk Entry: Bounce off the bottom
Once entered, where will our Stoploss be?
- Below the lows
Where do we take profits?
- First TP: 1.472
- Second TP: 1.5
EURCHF INTRA-DAY BUYS Sorry for the background noise I was recording this with a baby in one hand lol, I don't usually cover exotic pairs but just wanted to give an example of my trading style and hopefully give you guys a new perspective or idea when looking for trades. Make sure risk is always capped to a comfortable amount and you trade according to your plan, have a good week guys!!
EURCAD (1HR) OUTLOOKLooking at 1H TF of this pair, the momentum does not look weak, hence suggesting that price might go into consolidation for a couple of hours before turning back up. and there is a possible trap for buyers so i suggest we stay woke with our SL levels.
Here is what am thinking (for Educational Purposes only):-
BUY: Between 1.43563 and 1.43200
SL: 1.42901
Target 1: 1.44444
Target 2: 1.45535
Target 3: 1.46467
Risk Management: 2% max!!!‼️
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