Eurcad short position analysisWe have a CHoCH in 1H TF. There are two scenarios: 1- I think there is a chance that price come up to take the liquidity above that consolidation and then go down. 2- If any 5min candle closes below 1.4899 it's a confirmation to go short to TP1.
Lets see what will happen...
Good luck.
Eurcadshort
EURCAD LONG TERM SELLING TRADEHello 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
EURCAD - Long active ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from that zone. As well we could see price to go a little bit lower and then to reject from bullish order block, so SL is below OB.
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Approaching Key Resistance Sell Off Towards 1.43 Next ??Looking to SELL this pair on a final push up towards 1.51 here's why.
This level is very strong Weekly & Monthly resistance level and is the top of a sideways range that has been in play since 2021 each it has come to the top of this range there has been a strong reaction see the daily chart image below.
Price managed to push above 1.50 on Monday before selling off slightly the last couple of days buyers have again entered the market today, I expect one final push up to 1.51 before selling off.
The plan for this setup is very simple wait for price to rally back above 1.50 towards 1.51 monitor the lower timeframes look for evidence of slowing momentum with sideways price movements or MACD divergence signals.
If this price action is happening then I will simply enter a sell setup target for this setup is the bottom of the range seen in the daily chart above around 1.43.
If we do not see the final push back above 1.50 towards 1.50 then I will wait for the first pull back and use my TRFX indicator for signals on the 4hr to daily charts to get in on this move.
Hope you enjoyed the post :)
EURCAD I It will descend Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURCAD - Long from bullish order block Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I wait price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental news: Next week on Tuesday will be released monthly CPI, if the result is negative, it will support our analysis.
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EURCAD I Approaching 1.4940 high Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURCADAs the price approaches the Quantitative Median Line (QML) area, there is an expectation that it may experience a downward movement. This anticipation is based on the analysis of quantitative data and market trends. If you share this viewpoint or find this analysis plausible, your support can be expressed by liking or endorsing this statement. The concept here is that a collective show of support through likes indicates agreement or acknowledgment of the predicted price movement within the QML area.
EURCADIs EURCAD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.4590 followed by 1.4500
What you guys think of it?
EURCAD - Bearish price action ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: As we can see here from the chart that price change the character and started to make lower lows and lower highs, so I expect we could see bearish price action after price filled perfectly imbalance from M30 timeframe.
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EURCAD I Short from resistance Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURCAD Trade Plan Timeframe: 4H ?EURCAD Trade Plan Timeframe: 4H
#Forex #EURCAD #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve
Hey traders! 👋 Let's dive into a potential trading opportunity on the EURCAD pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 4H- timeframe, we've been witnessing a Bullish trend in the EURCAD pair. 🐻
🔄 EURCAD is in strong bullish trend:
EURCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. 📉🔄:
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bearish bias.
📈 Entry Price: 1.46170
🎯 Stop Loss Level: 1.45286
🚀TP1: 1.47058
🚀TP2: 1.47943
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
EURCAD SellOANDA:EURCAD
The current trend for EURCAD is bearish, as evidenced by its price trajectory. The currency pair has reached the apex of its bearish channel and concurrently undergone a pullback, as indicated by the purple trend line. This pattern has previously arisen, with the price consistently continuing its downward trend. Hence, I project that upon completion of this pullback, the price will continue its downward trajectory.
EURCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.46000.
Fundamental analysis: Next week on Tuesday and Friday we have news on CAD, will be released monthly GDP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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EURCAD ShortOANDA:EURCAD
The probability of a potential bearish trend for the EURCAD currency pair is rising as the current price has reached the daily trend line. However, based on the historical trend analysis, a slight upward price movement may occur before the bearish trend begins. Therefore, the price is expected to gradually decrease to specific levels as the bearish trend persists.
EURCAD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURCAD
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