#EURCADIn the current situation, according to the negative divergence formed between 3 and the ceiling of the side range, we can expect a decrease to the range of 78.6 Fibo projection of the area of 1.44012, but before that, we have the important resistance area of the pivot point, which must be broken.
In the next stage, with the breaking of the pivot area and touching and breaking of the area of 1.44012, we can expect the next target of 100 projections in the area of 1.43397, and among all of them, we cannot ignore the 50% reduction range of the side area in the area of 1.43845. .
Eurcadanalysis
EUR/CAD Made H&S Pattern , Short To Get 200 Pips After ClosureThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
DeGRAM | EURCAD bearish opportunityEURCAD broke out of the ascending channel .
Price is making lower highs and equal highs, which means bears are putting pressure on the support level .
We have massive bearish divergence on the daily timeframe.
As in the past, we could see a large sell-off.
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EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD SWEEPING Lets see how MM works.. just wait for the zone on our BSL, need to break that liquidity below before goes PUMP to sweep the OLD resistance..
Trade base on your own decissions. you can trade this on BUY side, just have patience.
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DeGRAM | EURCAD consolidation marketEURCAD is consolidating between 1.4600 and 1.4400 level .
Price action has previously reacted several times to this zone.
Price action is likely to move down from the confluence zone: the resistance and the lower channel's border + 61.8 % fibo.
We expect a pullback from the resistance level .
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EURCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on EURCAD .
Here we are bullish from daily perspective, but I expect we could see a retracement as price formed a normal divergence and rejected from institutional big figure 1.46000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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EUR/CAD :: LONG !!!EUR/CAD :::
The price is in an upward trend and has managed to break the resistance line and has once again returned to this line to stabilize itself .
It is expected to move to the bottom of the channel to correct itself and then continue its upward trend towards the top of the channel .
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DeGRAM | EURCAD divergence at the resistanceEURCAD is making lower highs and equal lows, which means bears are putting pressure on the support level .
Bears pushed price below the psychological level 1.46000, and we have divergence on the 4H timeframe.
As in the past, we could see a large sell-off.
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EURCAD...SHORT (67 Pips)With the recent rally of a barrel of oil, fundamentally the CAD should rally as well. But the dominance of the Euro has made a bit slower process, Technically, looking out fro a short sell on ECAD to its consolidated price zone on 13th Jan, when price was just trading a around my pivot point at 1.45010.
NB: A clear breakout from the breakout zone (Blue Box Region) will accelerate the process!!!