EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
We are now examining the EUR/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.486 level.
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Eurcad!
EUR-CAD Short From Resistance! Sell!
Hello,Traders!
EUR-CAD went up and
The pair is locally overbought
So as it is approaching
A horizontal resistance
Of 1.4929 from where
We will be expecting a
Local bearish correction
Sell!
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EUR/CAD has a strong bullish momentum, could it rise further?EUR/CAD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.48241
Why we like it:
There is a pullback support level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 1.47847
Why we like it:
There is a pullback support level which align with the 61.8% Fibonacci retracement.
Take profit: 1.49069
Why we like it:
There is a pullback resistance level.
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It's Time for Buy EURCADGreetings traders, the EURCAD price is nearing its resistance zone at 1.48535, where a potential rejection could occur. If the price surpasses this level, the next target would be 1.49288. Additionally, there is an unfilled imbalance at 1.48185. Share your thoughts in the comments section.
EURCAD W pattern Completion - Can FallEURCAD is near W pattern completion. This has been a complex W pattern in formation which usually gives a good pull backs.
This is a swing trade idea, so wait for a proper confirmation before going short.
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EURCAD - Look for a long !! Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from bullish order block + trendline.
Fundamental news: Next week on Tuesday (GMT+3) we have news on CAD, we will see results of CPI and on Thursday (GMT+3) we have Interest Rate on EUR, news with high impact on currency.
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EURCAD: Bearish Continuation & Short Signal
EURCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURCAD
Entry - 1.4833
Stop - 1.4884
Take - 1.4750
Our Risk - 1%
Start protection of your profits from lower levels
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Bullish bounce?EUR/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 1.47874
1st Support: 1.47379
1st Resistance: 1.48459
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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EURCAD Technical Analysis! SELL!
My dear followers,
This is my opinion on the EURCAD next move:
The asset is approaching an important pivot point 1.4821
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.4783
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
EURCAD A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the EURCAD next move:
The instrument tests an important psychological level 1.4776
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.4729
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EUR/CAD BEARS ARE STRONG HERE|SHORT
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 1.473.
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EURCAD Bullish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist EURCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 3h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Symmetrical Triangle on EUR/CAD showing strong upside once breakEUR/CAD has been forming a large Symmetrical Triangel since April 2023.
And now, the price is moving towards the apex.
Once we get a strong breakout above we could see the EUR/CAD rally big time up to EUR 1.5810
First we wait then it breaks!
EURCAD BUY | Idea Trading AnalysisEURCAD is moving under the descending channel
The chart is above the support level, which has already become a reversal point twice.
We expect a rebound after the support is retested.
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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EURCAD: Important Demand Zone 🇪🇺🇨🇦
Take a look at an expanding demand zone on EURCAD.
The underlined blue area is based on a recently broken
neckline of a head and shoulders pattern and a trend line of falling channel.
I believe that the next bullish wave may initiate from there.
Next goal - 1.483
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EURCAD - Long after filling the imbalance !!Hello traders!
‼️ This is my perspective on EURCAD
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from trendline.
Like, comment and subscribe to be in touch with my content!
EURCAD: Confirmed Bullish Reversal?! 🇪🇺🇨🇦
EURCAD broke and closed above a resistance line of a falling
parallel channel and a neck line of an inverted head and shoulders pattern.
It confirms a local bullish reversal on the pair.
The probabilities are high that the market will return to a global bullish trend soon.
Next resistance - 1.483
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