DeGRAM | EURCAD consolidation marketEURCAD is moving sideways following the bullish momentum; it has created a consolidation zone.
The market is creating AB=CD. The price is trading in the ascending channel.
We expect a breakout of the consolidation zone and retest of the resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Eurcadsignal
DeGRAM | EURCAD consolidation marketEURCAD broke and closed below the ascending channel.
The market is consolidating. It created a bullish harmonic pattern.
We expect a bullish move, a retest of the resistance, and a further move up.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD Buy TF H4. TP = 1.4701On the 4-hour chart, the trend started on May 18 (linear regression channel).
There is a high probability of profit. A possible take profit level is 1.4701
But do not forget about the SL = 1.4511
Using a trailing stop is also a good idea!
Good luck!
Regards, WeBelieveInTrading
DeGRAM | EURCAD consolidation marketEURCAD is moving sideways following the bullish momentum; it created a consolidation zone.
The market is creating AB=CD. The price broke and closed above the descending channel.
We expect a breakout of the consolidation zone.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD ____ INCOMING BULLISH RALLYHello Traders,
I am here again to update you on my view of EURCAD.
This pair is currently trading inside a weekly demand zone (yellow box). Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour timeframe which it has swept. It has also cleared the low of last month's candle close.
Now we have to watch and wait for the exhaustion of the price before we start looking to buy.
I can't say how deep the price will go into the weekly demand zone but I sure expect the BULLS to step in soon.
Kindly give me a like and follow for more content like this.
Cheers,
David
EURCAD ____ INCOMING BULLISH RALLYHello Traders,
I am here again to update you on my view of EURCAD. I have also done my best to mark the chart so you can train your eyes to see certain things in the market.
This pair is currently trading inside a weekly demand zone. Not only that it created relatively equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1-hour timeframe.
My expectation was for it to sweep the sell-side liquidity as speculated in my previous analysis of this pair (I will insert it for reference). It has occurred as speculated.
Now we have to watch and wait for the exhaustion of the price before we start looking to buy.
I can't say how deep the price will go into the weekly demand zone but I sure expect the BULLS to step in soon.
Kindly give me a like and follow for more content like this.
See previous analysis on EURCAD
Cheers,
David
EURCAD ____ INCOMING BULLISH EXPANSIONHello Traders,
I am here again to give you my take on EURCAD. I have also done my best to mark the chart so you can train you eyes to sell certain things in the market.
This pair is currently trading inside a weekly demand zone. Not only that it created relative equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1hour timeframe.
As you can see on my chart, I am expecting it to take the sell-side liquidity first which will give it the momentum it needs to make the bullish expansion.
I'm also expecting a bullish expansion on EURGBP, I will insert my analysis on the pair below.
Take a look at my profile and see other reviews that I''m sure will be of interest to you. And if you like what you see, kindly give me a like or follow.
See the EURGBP analysis below.
Cheers,
David
DeGRAM | EURCAD bearish move EURCAD pulled back from the resistance by creating divergence.
Bulls could not push the price higher. The market reached the daily resistance level.
On the left, we can see a sell-off from this level, and most likely, the price will go further down.
We expect a bearish move or consolidation.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD : Short Trade , 1hHello traders, we want to check the EURCAD chart in the 1-hour time frame. The price has simultaneously pulled back to the broken trend line of the ascending channel and also to the resistance level between 1.47500 and 1.47700. Good luck if the price falls to the specified targets Good luck.
EURCAD sell Entry : 1.47700
Stop : 1.48460 , Target1 : 1.46930 , Target2 : 1.46180
Risk/Reward Ratio : 2
DeGRAM | EURCAD the pullback,retest and continuationEURCAD broke and closed below the ascending channel and resistance level at 1.47000.
Bulls could not push the price higher, and it dropped below the consolidation zone on the left.
Price action might create an AB=CD pattern. We expect a pullback then a trending down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | EURCAD breakout of the ascending channelEURCAD broke and closed below the resistance level at 1.47500.
Bull could not push the price higher, and it dropped below the level following divergence at resistance..
As in the past, we could see a multiple large sell-off from this level, and most likely the price will go further down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD : Long Trade , 1hHello traders, we want to check the EURCAD chart in the 1-hour time frame. The price has broken the descending channel upwards and then pulled back to the descending trend line and also the key level between 1.46700 and 1.46900. We expect the price to enter a trend. May it rise and move to the specified targets. Good luck.
EURCAD buy Entry : 1.46932
Stop : 1.46179 , Target1 : 1.47685 , Target2 : 1.48437
Risk/Reward Ratio : 2
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.