post trade analysis video: also analyzed/updated 2 other pairs, however, ECAD trade idea presented an opportunity first so i only took 1/3 setup's. went for a 1:3 RR, aiming for the 15 min demand trade hit TP ✅
Due to the upward trend of this currency in the daily time frame and the price correction in the one-hour time frame, it is expected that the price will reach the range specified by our analysis and trading team and continue its upward trend from there. Good luck, dear ones.
A bearish pattern is observed at EURCAD. Take Profit at 1.47127
Pair Name : EUR/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
EURCAD has completed its Bearish Gartley pattern and has formed divergence as well. Hence, because of multiple confluences, there is a bright chance that price will move down.
Daily: - Daily retrace position - Solid candle close - Strong S&D zone (a lot of sellers) - New liquidity has been taken on the daily and we can see a SoM on the 4H Weekly: - S&D zone is with us - Long term we are bullish, so this can be a very quick in and out trade 4H: - Bearish MS (possible) - H&S with BoS (If last 4H candle closes like this) *After...
There is a clear trendline on the 4hr chart and a clear LH and HH, so I believe we could find a 50pip worth of bearish movement to the downside, if the market breaks the trendline the bearish momentum will continue.
EURCAD Showing Butter Fly Patterns Bearish in Dailly Time Frame Looking for Short for TP1 and TP2 respectively
EUR/CAD has been carving out a sideways channel since Friday and the bottom of this channel coincides with the 200 EMA on 15M time frame which is also the 50EMA on H1. A break out of this channel and a break of the supporting EMA's would suggest we are headed lower. If we look at the H4 time frame we can see where the 200 EMA has supported the price and this looks...
lets take this entry just using market stracture we have the market bullish
Please, check our technical outlook for EURCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.478. The above observations make me that the market will inevitably achieve 1.474 level. P.S We determine oversold/overbought condition with RSI...
We can attempt to short EURCAD from LH , also 0.5 FIB , trendline resistance , also bearish divergence occur on 1 hour timeframe indicate that it move downward. SL , TP mention in chart.
Sell this pair , liquidity grab on HTF and down we go. Benn following this pair for quite awhile.
Price of EURCAD is inside a Daily FVG. there has been a liquidity sweep and a change in the state of price delivery. Now we expect to see higher prices up to 1.4780. hopefully, the NFP news will fuel this price movement.
The price perfectly fulfills my last idea. It hit the target. FX:EURCAD broke through the range zone, and it pulled back to it after testing the support. Price action made impulse moves down from resistance, where a swap zone was formed. The market trend is bearish; therefore, I expect the price to continue to move lower toward support from resistance, which is...