EURCAD Short1)Trend defined. 4h Downtrend.
2)Contradictory limit order entry. At the lower extreme of 1h consolidation.
3)Default loss. Above the zone.
4)Default target level. 4.1.
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
EURCAD trade ideas
EUR/CAD - Long Trade Idea.High Probability Setup for a Long Position (In my opinion)
Currently we have been in a solid Bearish Trend since Christmas, price has been forming Lower Lows suggesting Sell positions have been preferred.
On the HTF we see we are currently Bullish and that price is actually currently in a Long Term Pullback stage. To back this statement up at the end of November price had a very large movement to the downside creating a Strong Low. Price begegging of December then pushed back up filling the Imbalances and taking out Liquidity but we did NOT break the previous high.
Although price is below current EMA lines on the Daily Time frame I do believe we will see a large push to the Upside taking out previous Liquidity on this current Bearish Trend. To confirm I would like to see this as a Breakout trade. We have a Trend line on this chart to help us identify a breakout and we can look for Long positions once price actions takes out the most recent 4HR Strong High.
Pink POI level that is on this chart is suggesting an area I have marked to suggest where price likes to respect. This will be the level I look for my long positions after price breaks out of this Bearish Trend.
Bullish Pressure will be starting to show over the course of the next few days suggested by a Large Engulfing Candle Stick and MacD showing us a Bullish Histogram.
EUR/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.472.
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EURCAD LongWith price rejecting twice. I will be looking for entries to buy on the 1hr
Comment your thought.
EURCAD - 28 Jan 2025 SetupEURCAD Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
EURCAD SHARK PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
EURCAD range bound tradeHere is another possible range bound trade based solely on the fact that price has constantly struggled to overcome that weekly strong resistance area between 1.51 and 1.519. If you are patient with the trade and it continues the range bound price action, the RR ratio is spot on (3 to 1). In these cases, for me, it is always worth taking the trade, starting with a conservative position and building into it if price action gives you that opportunity.
The Top 3 Catalyst Of Forex TradingSpotting a breakout is a good strategy because its something that
I have always wanted to learn how to do
when I started forex.
-
Now you need to be careful when you are trading forex options
and always remember to calculate your
risk levels because there is always risk associated with
these types of trade
and remember to take profit as well
Now in about 2 weeks time the biggest catalyst in the forex
market is going to take place.
Think of these before you
trade CAPITALCOM:EURCAD
In this forex pair there are 3 catalysts to consider:
-The Bank of Canada's interest rate decision
-The unemployment numbers
-The GDP numbers
It's important to take note of the catalyst
as you build your own trading strategy
either way, you can learn from the one
am using its called the rocket booster
strategy to learn more about it
Rocket boost this content right now
Disclaimer: Trading is risky please learn risk
management and profit-taking strategies.
And remember to use a simulation trading account
before you trade with real money.
CURRENTLY MAKING HH HLTHE MOVEMENT IS CURENTLY BULLISH. Price is bouncing up and down based on horizontal support and resistance.
Is CAD tariff premium overpriced?Will Trump really go with 25% tariffs for Canada?
Still days before Feb 1st and too much uncertainty
with current info available it does not justify tariff premium to be priced as such, waiting for EURCAD breakdown for a short
always wait for market to show u the signs and only enter with LTF confirmation
Note this is counter trend mean reversion trade idea so be mindful of potential pip and ATR range.
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are targeting the 1.480 level area with our short trade on EUR/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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EURCADEURCAD is in bullish trend.
Potentially printing HH and HL.
Aligator show strong sign trend will go up.
we go with the trend and buy at CMP.
EURCAD: Sell Setup at Key ResistanceEURCAD is approaching a key resistance area, marked by historical price reactions and strong selling pressure. If bearish confirmation emerges, such as strong upper wicks or bearish candlestick patterns, I expect the price to move toward 1.48645. A breakout above this resistance, however, would invalidate the bearish scenario.
Traders should remain cautious and use proper risk management when approaching this level.
Eurcad Bearish seems a good swing trade here
opertunities all conditions met so our 1st trade will be a great trade
and 2nd trade shall observe
EURCAD - BearishEURCAD is Bearish and retraced to 0.618 Fib level. Taking short entry at current price
EURCAD Bearish Market InsightTechnical Analysis
FX:EURCAD
Upon examining the candlestick patterns, we observe that the bearish candles are notably stronger and longer than the bullish ones. This signifies a dominant bearish presence in the market.
Additionally, the price has touched the trendline for the third time, confirming a sustained downward movement.
Key zones are being broken, and the subsequent retest candles appear weak. To capitalize on this trend, it is advisable to wait for the price to retrace to 1.47735 before adding more sell positions.
Trade Targets
First Target: 1.46298
Second Target: 1.45634
Risk Management
It is recommended to allocate no more than 1% of your portfolio to this trade. Ensure strict adherence to a robust risk management strategy.
Disclaimer
This analysis is solely for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making trading decisions.
#XAUUSD #GBPUSD #EURUSD #BTCUSD
EURCAD BEARISH ANALYSISTechnical Analysis
FX:EURCAD
Upon examining the candlestick patterns, we observe that the bearish candles are notably stronger and longer than the bullish ones. This signifies a dominant bearish presence in the market.
Additionally, the price has touched the trendline for the third time, confirming a sustained downward movement.
Key zones are being broken, and the subsequent retest candles appear weak. To capitalize on this trend, it is advisable to wait for the price to retrace to 1.47735 before adding more sell positions, as shown with the red arrow
Trade Targets
First Target: 1.46298
Second Target: 1.45634
Risk Management
It is recommended to allocate no more than 1% of your portfolio to this trade. Ensure strict adherence to a robust risk management strategy.
Disclaimer
This analysis is solely for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making trading decisions.
#GOLD #BTCUSD #GBPUSD #EURUSD
#EURCAD
EURCAD ChartThere is Bearish trend, no any divergence on RSI. Price is Sync with RSI. On LH there is Inverted Hammer along with bearish Engulfing Candle. Instant sell on CMP and SL should on previous LH.
EURCAD - Look for a short !!Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. Price almost filled the imbalance and formed hidden divergence for sell.
On H1 we have regular divergence in waves, short after BOS
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