EURCAD Analysis 13July2023the analysis of this pair is still in line with the last analysis. the price is heading to the SnD area and is stuck. there is a possibility of sideways before the price continues the bullish trend again.
Eurcadsignal
EURCAD Analysis 11July2023if you look at the movement of this pair on the D1 time frame, it looks like the price is stuck at a fairly strong resistance, and last week the price managed to breakout from the resistance (SR Flip). if you look at the bullish candle that formed a few days ago, the possibility of continuing the bullish trend is still strong. you can go long when the price approaches the SR Flip area.
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.
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EURCADAlthough I hardly trade EURCAD, I will not pass up an opportunity. Lol
Either side is possible, I may want to see market pulling up however a down side is equally very possible
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.
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EURCAD TradingView H4Here is my view for EURCAD on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
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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 TradingView H1Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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
EURCAD - Long IdeaThe pair is showing bullish sequences in the cycle from the August 2022 low. Our goal is to reach 1.4921 again. We recommend to avoid selling but keep in mind that we are facing a strong support level at 1.462. If it gonna break that level it could reach a level at 1.4497.
EURCAD TradingView H1Here is my view for EURCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURCAD poosible long for 1.5050#eurcad broke 1.4940 resistance area of 23rd March. Demand zone for long 1.4700-4630. Stop loss: 1.4600, Target: 1.5050.
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.
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Really Nice Sell Opportunity on EUR/CAD I have a sell stop at the break of the previous 1HR lows. We can see price has come into 1.49000 perfectly and rejected. We all already in a confirmed downtrend using the 20EMA & 50MA as confirmation. My target will be EUR/CAD making new lows.
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.
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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.
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EURCAD Retesting the Trend and the 50% Fib levelEURCAD rallying up continuing its up trend , we got a pretty good opportunity for a buy setup
-break of a trend line + retest
-correction to the 50% Fib level
-on a support zone
EURCAD- 4H Long Term Bullish idea-Bullish flag pattern breakout
-AB= CD pattern projection
- rising trendline with HH and HL
- the price has already retraced 0.618
- head and shoulder formation also confluences with TP1 and TP2. TP3 is an extended TP.
