EUR/CAD SHORT EUR/CAD SHORT " break of structure + 72%fib retracement + 200 ema dynamic resistance + supply zone "
EURCAD trade ideas
EURCAD is BullishPrice was in a strong downtrend, but now the bears have woken up and seems like that they have won back the control of the price action. First higher high is printed which according to Dow theory is the first sign of bullish reversal. If this higher high is broken we can expect a bullish rally. Targets are mentioned on the chart.
EURCAD EURCAD is showing Bullish divergence at AB=CD PRZ place a buy as it will break its Last LH WITH Trendline
EURCAD Next Move PossibleMarket is on its extreme POI and a sharp move can be predicted to the downside but it will be more confirmed after the structure shift in lower time frame so proper signal will be shared in our #PREMIUM
EURCAD Next Move PossibleMarket is on its extreme POI and a sharp move can be predicted to the downside but it will be more confirmed after the structure shift in lower time frame so proper signal will be shared in our #PREMIUM
EURCAD short - scalpEURCAD short. Price might just fall here. We already created a resistance on H4 that is retesting, if it break price might go to our entry. Otherwise price looks like a short
EURCAD LEGIT SETUPShort sell, short buy, big sell
SELL LIMIT AT 1.47087-1.47147
BUY LIMIT AT 1.46536-1.46305
SELL LIMIT AT 1.47318-1.47546
Let's dive deep EURCADHello Hello!!! Hope you're doing good let's dive deep into it
This is a wonderful breakout trade as you can clearly see our trendline and the horizontal level
This is one of the things that I like about this trade it might not seem like much but this is something I learned about and want to test (: It is a range near an important level which most of the time we will break with huge candles.
EURCAD SELLFX:EURCAD OANDA:EURCAD FOREXCOM:EURCAD
We are now sell the erucad ,because of the pattern is break out. This pair will short term go down , than we find an oppotunity to shoot up
EURCAD Next Move PossibleThis is just fresh outlook of #EURCAD,all possibilities are explained on the chart,here are different entries possible,proper signal will be shared in our #PREMIUM
EUR/CAD BUYFrom a technical analysis perspective, the 1.48 resistance level is critical, and the euro is currently testing this level. If it manages to break through, the next target could be the 1.49 level (Traders Union). However, if the pair fails to hold above this level, it may fall back into the 1.46-1.45 range (DailyForex).
Fundamentally, the market is influenced by economic news from Europe and Canada, as well as oil price movements. Potential rate cuts by the European Central Bank (ECB) and fluctuations in oil prices are significant factors. For example, a drop in oil prices can weaken the Canadian dollar, given Canada's role as a major oil exporter (FX Empire) (Traders Union).
Overall, the EUR/CAD currency pair might remain in a consolidation phase in the short term, with traders closely monitoring key technical levels and fundamental news to determine the next moves. Market sentiment is mixed, and volatility is expected to continue in the near future.
EURCAUD Strong Trading Plans (Longs)EURCAD has vastly fallen over the recent period as CAD Sentiment settles, Euro weakness shows through.
The overall trending Market is reflective of the speed at which both CB's are taking a dovish monetary policy stance.
1. Tech bias comes with several key factors - Key Price Action levels, trending channel, low stoch Osc.
2. Sentiment case supports long term trend as it was.
EUR/CAD Breaks Ascending Channel: Bearish Shift AheadThe EUR/CAD pair has just broken below its ascending channel, signaling a potential shift from bullish to bearish conditions. This analysis delves into the ramifications of this critical trendline breach, pinpointing the key support level at 1.4460.
EURCAD: A safe 400+ pips selling opportunity! Use Accurate RR! Dear Traders,
Eurcad, long term view remain bearish price rejected at the daily order block also where the premium price zone was located. We can see strong bearish move coming once price reach and reject at our area of entry. Please use accurate risk management.
Team Setupsfx_
EURCAD Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
EURCAD SELL EXPECTED EURCAD has breached the uptrend line giving us sell confirmation. TP and SL are marked. Always follow risk management.
EURCAD AT HOLD PHASE!Price currently trade around the support level of 1.45825 ahead of EURO inflation report set to be released tomorrow. What do we expect the price do next ? Keep a close watch and read price movements before taking trading decisions
Nice continuation short set upAfter dropping through the order pool and bouncing back up, price has resumed its downward trend for a nice short set up.
#EURCAD
Keeping it simple is very important for trading, getting the whole process can ensure your survival in the financial markets
EURCAD ShortPrice Action Trading
Daily Bias Bearish.
Price enter into H4 broken support level and rejected from that level after forming a wedge. The price break through the last H1 support and H1 bullish trendline.
This is a sign that price has strong rejection from that H4 new resistance level. H1 resistance is pretty strong.
Set Short trade with SL above swing high. As it is trend following, R:R targeting new swing low with R:R 1:4. Trade management will be in placed after 1:1
EURCAD - 4hrs ( Sell Trade Target Range 180 PIP ) ☑Pair Name : EUR/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
☑Bearish Break
1.46800
reasons
- Major Turnn level / D
- pattern Break
- Fixed Range Break
- Visible Range Lvn
- Channel Break
- Fibo Golden Zone
- Choch Zone
☑Bullish Reversal
1.44500 Area
Reasons
- Major Turn level / M
- Pattern Target
- daily Choch
- Trend Line Area
- quarter's low Area
- Fibo Golden
- Visible Range Lvn
