Eurcadanalysis
EURCAD (SHORT) 🔥🔥🔥ENTRY OPPORTUNITY
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DeGRAM | EURCAD down move continiusEURCAD moved out of the descending channel .
The market pulled back to the resistance level with a deceleration.
Price broke and closed above the psychological level at 1.44000.
We expect a retest of the resistance level followed by a bearish move.
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I Went short on EURCAD :)I saw price show resistance at around 1.43350 area as well as a possible change in trend to the down side. If you take a look at the weekly we see a higher timeframe resistance around 1.45500 area. Down side would be if price were to break our resistance (1.43350) and push higher, reason would be for that strong bullish move on the weekly. Time will only tell! Let me know what you think!
Thank you!!
✨SELL EURCAD and earn +650 pips profit⚡🔰You can see the analysis of the Euro-Canadian dollar currency pair in a two-hour time frame (EURCAD_ 2H) 🔍🧨
💥Considering that the price has been able to break its Up trend line🖤, if it reaches the area specified for pullback to the trend line in the SUPPLY zone, it can have a fall🔻 to Support🧡
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
________📈TRADER STREET📉_________
EUR/CAD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EURCAD IDEA FOR SHORTWell we saw some bullish momentum,who took a trade from start of the move,it was a 300 something pip move,as always patience pays the bills.
Now for this week my bias is bearish if we see rejection or some kind of a reversal pattern,expecting to make a pullback from 1.46140,but if the price breaks above 1.46140 then i will be looking for a buy opportunity,if we put fib retracment,we can see 0.5 fib is where my tp is set.Happy trading guys and good luck.
EURCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of EURCAD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fiil the imbalance lower and then to reject from bullish orderblock.
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[UPDATE] SELL Trade Triggered Quick update on this trade idea on Friday the TRFX Pro indicator give a couple of signals on the 8hour which was the green light to enter this position read my related post on the reasons behind this setup.
As the position moves in our favor will trail the stop and take profits at certain points ::)
All Systems Go Go Sell Sell ??The CAD pairs across the board have been grinding higher recently and are all extremely over extending and a SELL off is to be expected pretty soon.
In my previous idea where I was waiting for a signal on my TRFX KING above 1.40 on a chart ranging from the 8hr to the daily so I could enter a trade no signal has occured on any of these charts yet and price blew straight up through this level
The EURCAD has now entered the Monthly SUPPLY/SELL starting at current price and is slowly grinding higher, you can see buyers are running out of steam and a correction down towards the 1.37500 area is on the cards.
We may get 1 final push up towards 1.45 though I will be entering the first signal on my TRFX king indicator that happens between the 8hr and daily chart this is a great setup.
Again it's simply waiting for the entry signal then all systems go
EUR/CAD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EUR/CAD, in a downtrend ?Since August 2021, the price of EUR/CAD seems to be changing its trend and forming a new downtrend channel.
Several areas are to be monitored, in particular the 0.61 points of the fibonacci and the first supply zone at the level of 1.5050 - 1.5250 which is at the intersection of the 2 channels.
Then the second supply zone seems to be a strong resistance, to be monitored as well if EUR/CAD continues to progress. A long-term objective would therefore be to return to the low point of August/September 2022 at 1.2880 PIPS, then to continue on the second demand zone.