The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
Looking for a sell trade. There are two possibilities to drop the EC price. First one, break down the support area and retest. Second, Push up to the resistance level to make a double top, then drop off. Use proper risk management. Thank you
we have two scenario First scenario : price will pull-back for correction wave and create higher low at black arrow or between 50:61 fibo level , so u can go short now and take any target or when confirming higher low in H4 second scenario : price will break current resistance area green arrow may be powered by news for CAD that will price to go up and we can...
Hello,Friends! We are going short on the EUR/CAD with the target of 1.478 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
USDCAD has been trading in a strong Bullish Trend. No divergence Divergence has been observed on the 1 hour RSI. The price action currently seems to be printing new lows - a potential reversal into a strong Bearish Trend. If the price action breaks out the 1.47493 level, the price could continue in a downward towards the 1.46225 level. Trade Plan: Short Entry:...
My dear followers, This is my opinion on the EURCAD next move: The asset is approaching an important pivot point 1.4778 Bias - Bearish Safe Stop Loss - 1.4804 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.4737 About Used Indicators: For...
www.tradingview.com below 1.4800look for further downside 1.4770 & 1.4750 as targets.
EURCAD we looking for more bullish momentum meaning that we expecting a zone that to be retested
after the liquidity grab during asian session . market grab liquidities at ny session and now goaing into above supply
EUR/CAD still bullish on internal own canal line but in 1.47820 zone has support Needs to retest that zone + clear liq 1.495-490 be patient
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
1.EURCAD already retested from the trendline Liquidity. 2.EURCAD still on the Resistance zone and hasn't broken yet. once its broken the resistance we may take Long. 3.If EURCAD broken the support zone we may take a short after the retracement.
We are expecting EURCAD to sell this week, A good bearish move to 146.200 price before bullish move... Last week candle end with a reversal candle indicating possible SELL on EURCAD this week... Stop loss should be place above the previous week a little. Good luck traders.
OVERALL GAMEV PLAN * I decided to re-enter in EUR/CAD due to the fact that we reached the highs and a pull back is necessary (I mention re-enter because on MAY 6th I entered in it, but close it at breakeven because I didn't like how the pair moved up) ANALYSIS IN MY FAVOR * The pair reached the highs and now it needs to have a pullback in order to...
EURCAD chart in 4h time frame is printing Bearish Reversal Butterfly Harmonic Pattern but there is no any divergence observed yet. But price is at Potential Reversal Zone of this Pattern. Hence I'm taking short entry with Sell Stop Order on the breakdown of last Higher Low Level with stoploss above at last Higher High level.
📈🚀 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...
How to Identify an uptrend, downtrend and trendlines with channels
Starting your analysis and mapping out your support + resistances level from a higher timeframe such as the weekly or daily will give you a much better understanding of where price may be heading. Remember, to be able to determine the future more accurately, we must study our past. History repeats itself as they say. *Always remember to let price action develop...