EURCAD Bullish Breakout!EUR-CAD broke the key
Horizontal level of 1.45216
And the breakout is
Confirmed so I think
That we will see
Bullish continuation !
Eurcadsetup
EURCAD H1 POTENTIAL DOWNSIDESome of my attention is seeing movement on EURCAD today. It looks possible that it will experience a decline in the resistance area. I'll try to wait in the 1.454 area
EURCAD Risky Long!EURCAD is trading in a
Rising channel and the
Pair made a nice rebound
From the rising Support which confluences
With the horizontal support Of 1.44330
I think we will see a move up !
EUR/CAD - Short; Heavy resistance confluence!This pair is running into major resistance here, in an area of heavy confluence.
This is the end of a corrective rally, in which all Euro pairs participated, off of their recent, major lows. (Mostly due to a, yet again, market wide delusion that the EU will have to tighten ("at least!") 375 basis points... When in reality, as the latest data illustrates, the EU couldn't even climb out of its decade long deflationary spiral despite a massive, war/sanctions - and categorically, self - induced inflationary spike.)
Also, the EUR/GBP showing every sign of a top here, consequently, this pair makes an even stronger case for this Short than it's cousin's, the GBP/CAD.
This pair is on the verge of a cliff with no technical support under the current levels, i.e., for the next -550 pips. Which makes it the obvious Short Target.
Note; This has been stated time and again that these CAD pair shorts, while the case is strong, remain inferior to their USD cousins.
The EUR/GBP picture
EURCADAlthough I hardly trade EURCAD, I will not pass up an opportunity. Lol
Either side is possible, I may want to see market pulling up however a down side is equally very possible
EURCAD Daily Short | Technical Analysis TradingEURCAD daily short
Shortstop @ 1.45639
TP #1 @ 1.44627 66.67% wr
TP #2 @ 1.43041 39.22% wr
SL @ swing high 1.51122 17.65% hr
All trades on this pair, and on this timeframe are produced by an algorithm. Winrate is based on Winnings trades on this pair, on this timeframe, from this algorithm.
Find more trades like this on my profile for consistent wins.
EURCAD LONGPrice just took support from this year's AVWAP and pushed back up.
PD buyers pushed price up.
Sentiment line in perfect buy zone.
entry if and when price clears current POC zone and opens above it with good MACD.
1:1
note - not tagged in the position yet.
will add note once in the position.
EURCAD TradingView H4Here is my view for EURCAD on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURCAD MY PERSONAL BIAS I am gonna go SHORT as it tested 4H RESITANCE ZONE and getting REJECTED.as i always have H TWO ENTRIES my second entry has not been confirmed yet.! BLACKBULL:EURCAD
EURCAD TradingView H1Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURCAD - Long IdeaThe pair is showing bullish sequences in the cycle from the August 2022 low. Our goal is to reach 1.4921 again. We recommend to avoid selling but keep in mind that we are facing a strong support level at 1.462. If it gonna break that level it could reach a level at 1.4497.
EURCAD TradingView H1Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Really Nice Sell Opportunity on EUR/CAD I have a sell stop at the break of the previous 1HR lows. We can see price has come into 1.49000 perfectly and rejected. We all already in a confirmed downtrend using the 20EMA & 50MA as confirmation. My target will be EUR/CAD making new lows.
EUR/CAD Made A Good Bearish P.A , Short Setup Available ! This 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 Short Daily ChartReasons for selling:
Trendline breakout
Risings wedge breakout
Key level breakout
Change from bullish to bearish market structure.
The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities
inline with the bearish higher time frame trend.
EURCAD Potential swing long 1:8RRWeekly-Bullish
Daily- Bullish
4H - Bullish
Confluences
1. Break and retest of major key level
2. Break and retest of trendline
Take profit 1 - 1.47870
Take profit 2 - 1.49059
Long Position Opportunity on EURCADfundamentally,
we had today US Retail Sales Data that came out negative for the Dollar
on the technical side,
we had a great pull back on a key level
in the 15min:
-RSI divergence
in the 1h:
-hammer on a demand zone
in the 4h:
-strong trend
in the D :
-great correction on the 50% fib
EURCAD Retesting the Trend and the 50% Fib levelEURCAD rallying up continuing its up trend , we got a pretty good opportunity for a buy setup
-break of a trend line + retest
-correction to the 50% Fib level
-on a support zone
EURCAD - Sell idea for a RRR of 13:1Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
FX:EURCAD is following structure to my liking, seeing a great opportunity for selling this all the way down.
Risking 1% for 13%, I always take amount invested as partial and let rest run.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 BUY IN POIThis is for short term
And this is risky too.
Please DYOR before entering the trade.
EURCAD Trading Plan - 30/Mar/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.
EURCAD Possible LongEURCAD is making Higher highs, still being a little far from the next Major resistance, so I'm going to try to buy close to the Ascending Daily Trendline as shown by the arrows I drew, the Trendline coincides with the lower recent support so i believe that this support trendline is the perfect place for the Long. I'll update the idea if it gives us the entry we're looking for.
