From my view, EURCAD should be bullish to finish filling up that daily FVG to the top...
I think eurcad reversa trend is going to start soon just waiting for sell conformation
I use the opposition of two important areas to sell, of course, after taking liquidity from the market.
Looking at EURCAD, it's in a 4 hour FVG, I'm bullish on the pair. Not looking for any entries until CPI news is over.
EURCAD showing interest in going up from here. With tighter stop it will most likely be able to ride upward.
We can attempt to buy EURCAD from specified level as it is trading in bullish rectangle pattern (continuation pattern ) and it gives breakout , also there is no bearish divergence indicate that it moves upward.
EUR Very Strong Has had pull back Has Broken Final Resistence Very Little Resistence of Orders to the left on a Volume Prolife Invert chart looks even better. Trend is Up Lets See if I get this right I'm a Legend : )
TRADE IDEA: EURCAD 4H looking for a long term bias as the market is trading above the bullish flag anticipating for buying opportunities. NOT FORGETTING WE HAVE CAD FUNDAMENTS AT 2:30 PM
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURCAD APPRAOCHING A MASSIVE ZONE. 📚 👉As we can see price is still overall bullish trading inside this rising channel making clean higher highs and higher lows, especially after breaking above our previous major...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
EURCAD has a weekly bearish structure and we see a nice sweep of buy sides liquidity on higher time frame... Just right after this sweep we got nice bearish confirmations showing that institutions are possibly ready for a sell program on HFT. Enjoy the green promising ride traders
📈🚀 EURCAD Market Analysis: Bullish Breakout and Targets Set! 🎯💼 Forex Traders, a significant update on EURCAD: OANDA:EURCAD 📈 Bullish Breakout: EURCAD has successfully broken out of a strong resistance level, indicating a bullish continuation in the current uptrend. The pair has also moved past a consolidation range, further confirming the bullish...
Price is on a major resistance as you can see on the chart, RSI is also overbought. Stop loss and Take profits are on the chart. This will be affected by major economic news. Stay updated.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
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.
Hello,Friends! EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.465 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
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