EURCADEURCAD has given the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted.
if this breakout holds the next upside targets will be 0.8400 followed by 0.9000
Eurcad!
EURCAD Short Term Buy IdeaH4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURCAD,🟢Is it time to buy?🟢(Details on caption)
Well, The price had a bullish reaction after touching the daily FVG, so I expect a more bullish move in EURCAD.
As the first target, we can define the liquidity pool that formed as an equal high at 1.4573.
The price formed the bearish order block, we should study the price in this zone because it is an important supply zone, if the price breaks this zone we can expect the price to be at a higher price.
If the price stays above the daily bullish FVG, the bearish FVG can be our final target. (1.4780-1.4890)
EURCAD I Potential intraday short to 50% fib of impulse candle Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURCAD: Bears Will Push
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURCAD pair which is likely to be pushed down by the bears so we will sell!
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EURCAD A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for EURCAD below:
The price is coiling around a solid key level - 1.4554
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.4515
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURCAD Will Go Higher! Buy!
Here is our detailed technical review for EURCAD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.449.
Considering the today's price action, probabilities will be high to see a movement to 1.451.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURCADEURCAD is trading in fine range of 100 pips .
sometime ranges are best thing to play , all you need to just buy the support and sell the resistance.
currently the pair is trading at the support of the range and showing the fine bullish rejection .
Will it head to top to the resistance of the range.?
EURCAD: Bullish Forecast & Bullish Scenario
Looking at the chart of EURCAD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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EURCAD: A LIQUIDITY SWEEP THAN LONG !WE just hit a weekly FVG,
looking for a sweep of the lows + MSS on the 30 min to go long
Bull Market Analysis IdeaDear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Bear market IDEA
EURCAD - 4hrs ( Sell Trade Target Range 150 PIP ) 💵Pair Name EUR/CAD
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 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 ) Mid Term
Type : Mid Term Swing
——————————
Bearish Break
1.45000 Area
Reasons
- Major Turn level / M
- Inner Pattern Break
- Month Low Break
- inner Channel middle line
- Fixed range Poc
- Fibo Golden
Bullish Reversal
1.43000 Area
Reasons
- Major Turn level / W
- 3QL
- QL
- Up Trend Line
- Pattern Target
- Fixed Range Poc
- Fibo Golden
EURCAD Sellers In Panic! BUY!
My dear followers,
This is my opinion on the EURCAD next move:
The asset is approaching an important pivot point 1.4493
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.4501
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Sell EURCAD Bearish ChannelThe EUR/CAD pair on the M30 timeframe exhibits a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours.
Key Points:
Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern indicates ongoing selling pressure and potential for further decline.
Sell Entry: Consider entering a short position around the current price of 1.4503, situated close to the channel resistance. This offers an entry point near a potential reversal zone.
Target Levels: Initial bearish targets lie at the support levels of 1.4465 and 1.4452, marking previous support zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order above the channel resistance line at 1.4523. This helps limit potential losses if the trend breaks unexpectedly.
Thank you
EURCAD - Wait For The Bulls 🏹Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes.
On H4: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red.
📉 Meanwhile , EURCAD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
EURNZD UPDATEeurnzd has continued to move aggressively to the upside so i will be continuing to hold this position. on top of that ive gave you guys another breakdown of eurcad.
EURCAD/LONGThis video was just a quick technical analysis of eurcad basically breaking down market structure and the behavior of the market. in the video i show you guys how you can make a thesis or gather information from a simple pattern. mainly if you see a pattern you can draw your support and resistance levels at the top or bottom of these patterns and look to your left and gather information on WHY market made pattern at a certin level.
EURCAD/LONG
⚡️Strifor || USDCAD-07/02/2024Preferred direction: SELL
Comment: In addition to the euro and pound , the priority for selling the US dollar also applies to other majors . In this case, we will analyze USDCAD . In the medium and short term, the instrument is looking down quite confidently; we do not rule out a potential small rollback upward, but the main mood is, of course, bearish. In this regard, we highlight two main scenarios. Level 1.34000 acts as a target here for both scenarios. Scenario №1 is more about a short-term login attempt, and scenario №2 is more medium-term. Of course, scenario №2 will be more conservative than scenario №1 . One may also consider two scenarios simultaneously using the method of gradually gaining a position.
Thank you for like and share your views!
EURCAD Massive Long! BUY!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4498 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.4525
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURCAD Potential Buy setupReasons for bullish bias:
- Price moving in a rectangle range, entry at breakout for confirmation
- Bullish divergence
Entry Level(Buy stop): 1.45794
Stop Loss Level: 1.44903
Take Profit Level 1: 1.46685
Yemi_Fx1 | Bearish Setup and opportunity on EURCAD EURCAD recently broke out of a wide-ranging consolidation zone between 1.4400 and 1.4650. The breakout was followed by an upward impulse move, reaching a high of 1.4620 before pulling back slightly.
The current price is testing a key resistance level around 1.4570. A rejection at the current level could lead to a pullback towards the previous support area around 1.4500
And a potential bear flag pattern has emerged on the 4-hour chart. This pattern is characterized by a preceding impulsive move, a consolidation phase, and a downward breakout from the consolidation. If the pattern hold This will lead to move in the favour of the bears.
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Eurcad for a shortTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Cad seems to be pretty strong as compared to other majors (except USD)
Let's see if we do have oppo to short this pair. Same for AudCad
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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