EURCAD SC 412M
6M
H&S
3M
M
H&S is still open
W
H&S
IC
D
Ascending channel
Fib compl -27 after BM
4H
Decel 2&3
EURCAD trade ideas
EURCAD BUY OPPORTUNITY The market is trending bullish and recently completed a pullback and it’s set to continue the bullish move . A buy opportunity is envisaged from the current market price. Our target profit is 1.50974
Lingrid | EURCAD Divergence At the Strong RESISTANCE zoneThe price perfectly fulfilled my last idea. It hit the target. FX:EURCAD made upward extension, moving above the psychological level at 1.5000. On the daily timeframe, the price has reached a strong resistance zone, which may trigger a price rebound as sellers start to step in. On the 1H timeframe, there is a bearish divergence that reinforces this bearish outlook. I expect the market to move below the psychological level. Additionally, the market formed a ABCD move and after the completion usually the markets pull back. Therfore I expect a short term pullback. My goal is support zone around 1.49525
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURCAD: Important Breakout 🇪🇺🇨🇦
EURCAD broke and closed above a key daily horizontal resistance.
The broken structure turned into support now.
Probabilities are high that the market will continue rising at least to 1.5088.
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EURCAD BUY | Idea Trading AnalysisEURCAD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line..
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
EURCAD new bearish expectations
EURCAD my first thoughts, idea, is be to see bullish push, because i am noticed inverted H&S can be created, but now after some period, i am not see strong bullish push and some strong bullish structure, so here now expecting new bearish push to see for thise week
SUP zone: 1.48450
RES zone: 1.46350, 1.45950
EURCAD BUYEURCAD is falling towards a Support level which is a pullback support and go long term for a buy
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise.
Traders if you like this idea give a like,comment i will be glad
And Good Luck on the Markets...
EURCADThe potential sell scenario for the pair next week:
The pair is to be monitored as it approaches the designated sell zone on the chart.
Bullish momentum to extend?EUR/CAD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.4982
Why we like it:
There is an overlap support level that lines up with the 38.2% Fibonacci retraecment.
Stop loss: 1.4847
Why we like it:
There is an overlap support level that lines up wit the 38.2% Fibonacci retracement.
Take profit: 1.5166
Why we like it:
There is a pullback resistance level.
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EUR_CAD GROWTH AHEAD|LONG|
✅EUR_CAD is trading in an
Uptrend and the pair is already
Making a bullish rebound from
The horizontal support of 1.4868
So we will be expecting a
Further bullish move up
LONG🚀
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#EURCAD 4HEURCAD 4-Hour Analysis
The EURCAD pair has formed an ascending triangle pattern on the 4-hour chart, but the price has broken down below the triangle's trendline support. This breakdown signals potential bearish momentum, making it a viable sell opportunity.
Technical Outlook:
Pattern: Ascending Triangle and Breakdown Trendline Support
Forecast: Bearish (Sell Opportunity)
Entry Strategy: Enter a sell position following confirmation of bearish momentum, such as a retest of the broken support acting as resistance or continuation of lower highs.
Traders should look for additional confirmation through bearish candlestick patterns and supporting indicators like RSI or MACD. Proper risk management is crucial, with stop-loss orders placed above the retest level and profit targets set at the next key support zones.
EURCADWe can attempt to buy EURCAD from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
EURCAD | Short Side Setups Within New Found DowntrendSlight waning in EUR strength is giving way to short side opportunities on any rebounds.
Short side bias taken.
EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.490.
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EURCAD SELL 4 HOUR TIME FRAMESTRONG SUPPLY ZONE
Inverse Head And Shoulder Pattern
Gaps to Fill
4:1 Risk to Reward
Let's See:)
EURCAD - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of weakness, so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
Long trade
1Hr TF entry
Buyside trade
Mon 16th Dec
LND to Ny Session AM
8.00 am
Entry 1.49665
Profit level 1.51248 (1.06%)
Stop level 1.49231 (0.29%)
RR 3.65
Reason: Overview of the 1Hr TF we buyside momentum indicates buyside pressure since Mon 16th Dec 24, and narrative based on supply and demand for directional bias.
EURCAD: Short Trade Explained
EURCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry - 1.5016
Sl - 1.5060
Tp - 1.4936
Our Risk - 1%
Start protection of your profits from lower levels
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EURCAD MARKET ANAYLIS AND PRICE PREDICTIONEURCAD, has finished consolidating at the Institutional Renegotiation zone at FVG, price has broken the Renegotiation Block , and Retested It, which confirms a Bearish Order. The Target Is the renegotiation support to mitigate an unmitigated order block and seep of the sell side liquidity. Entry Is now.
Entry, Stop Loss, and take Profit are clearly marked out on the chat.
GOOD LUCK GUYS!
EURCADEURCAD has formed inverted Head and Shoulder. As the buyers are getting bids with this confluence.
If the sell pressure resumes and buyers gets active the optimum target will be 1.5200
What you people think of this idea ?
EURCAD - 4H - Bearish ReversalFollowing are the factors involved in Bearish Reversal:
1. Divergence
2. Double Top
Short Entry on break of HL
Why I'm Longing for EUR/CAD to Hit 1.5: A Currency Love Story!Economic Romance: The Eurozone is experiencing a rebound, while Canada faces challenges like fluctuating oil prices. This economic disparity can lead to a stronger Euro against the Canadian Dollar.
Interest Rate Drama: If the European Central Bank continues to raise interest rates while the Bank of Canada holds steady, the Euro could gain traction, pushing the pair towards 1.5.
Commodity Price Fluctuations: As a commodity-driven economy, Canada’s currency can be sensitive to changes in global commodity prices. If prices dip, the CAD may weaken, benefiting the EUR.
Political Stability: The Eurozone is showing signs of political stability, which can enhance investor confidence in the Euro, making it a more attractive option compared to the CAD.
Technical Analysis: Chart patterns may indicate that EUR/CAD is poised for an upward movement, with 1.5 acting as a psychological target that traders are eyeing.
