EURCAD LONG - HTF TREND CONTINUATION!Waiting for a retest of 1.46226 to long EURCAD back to 4H swing highs at 1.48605
If you agree drop a like and if you have any questions leave a comment :)
Eurcadlong
EURCAD Swing Long!EUR-CAD broke the long-term
Falling resistance and the
Breakout is confirmed
So we are now bullish biased
Despite the nearby horizontal
Resistance level so I think that
After the pullback and retest
Of the broken line we will
See a bullish move up !
EUR/CAD Potential Bullish Momentum on the HorizonEUR/CAD returned to the Fibonacci 0.618 level after the previous uptrend, reaching a significant support and ascending trendline. From here, I expect further upward movement towards higher key levels. On lower timeframes, I'm looking for confirmation signals to go long.
1D:
If you find it useful, like, follow, share!
Happy trading!
EURCAD - Add new short ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: As I said in my previous analysis here price continue bearish price action, now I add new short position as price filled the imbalance and rejected from bearish order block + institutional big figure 1.46000.
Fundamental analysis: Next week on Friday will be released Unemployment Rate on CAD and if the result is positive it will support our analysis.
Like, comment and subscribe to be in touch with my content!
EURCAD Short Term Buy IdeaH4 - Bullish trend pattern followed by a double wave correction.
Bullish hidden divergence followed by continuing divergence.
Until the two strong support zones hold my short term view remains bullish here.
EURCAD Long Term Buying Trading IdeaHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURCAD Long A minor pause on the cardsEUR/CAD is approaching a major converged cushion on the 200-day moving average and a horizontal trendline from January at about 1.4235. Oversold conditions point to a minor bounce, but it may not sustain for long given the recent fall below the 89-day moving average and the Ichimoku cloud on the daily chart. Any break below 1.4235 could expose downside risks toward 1.4000. On the top side, the late-May high of 1.4650 would be tough to crack.
The Canadian dollar may have just received the boost to extend gains against some of its peers, thanks to the Bank of Canada’s (BOC) hike on Wednesday.
BOC hiked its overnight rate to a 22-year high of 4.75%, saying “concerns have increased that CPI inflation could get stuck materially above the 2% target.” The central bank, however, dropped the April language saying it “remains prepared to raise the policy rate further”, making it more data dependent. Markets are pricing in another rate hike in July, with the terminal rate seen at 5.15% by the end of the year.
EURCAD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: After the change of character here I see price to continue bearish price action as we can see that the imbalance was almost filled and the price rejected from institutional big figure 1.49000.
Fundamental analysis: Next week we have news on EUR and CAD. On Thursday will be released Interest Rate on EUR, followed by ECB Press Conference and on Friday monthly GDP on CAD, that was forecasted to increase, this means strength in currency, which can support our analysis.
Like, comment and subscribe to be in touch with my content!
EURCAD Bullish Breakout!EUR-CAD broke the key
Horizontal level of 1.45216
And the breakout is
Confirmed so I think
That we will see
Bullish continuation !
EURCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.44000.
Fundamental analysis: Next week on Wednesday will be released Interest Rate on CAD which is forecasted to increase by 0.25%, this means strength in currency.
Like, comment and subscribe to be in touch with my content!
EURCAD looking ready for a big move to the upside (10-14 July)On the weekly: a triple bottom (including a false break).
On the daily: Neutral to bullish. The last 3 weeks we have seen a gradual move up and price has been above the 200dma.
On the H4: Looks bullish. A nice strong move up followed by a range formation. The false break below confirms my bullish bias.
If, however, we get a close below 1.4470 that would negate my analysis.
Obviously, I want a lower entry. Will it be at the range bottom or at the support in the 1.4500 area or at the major support at 1.4470 area? I have no idea – I am not in the prediction business, I am trying to read price action and act when I sense that the odds are in my favor.
There is room for large gains herein the long term, perhaps until the 1.51’s, but for now I am looking to target the 1.4620 and 1.4740 regions.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
EUR/CAD long +150 pipHello Traders
it seems that EUR/CAD is in the correction phase.
Short term price action tells us that EUR/CAD is bullish near term.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EURCAD! 15 MIN SCALP
Asset- EURCAD
TImeFrame-15min
Observation- Retest at level 1.44033 forming a W pattern that is a strong buy signal for me, retracement till the golden level can give approx 1:3 reward(X500). Around 45pipps
EURCAD Risky Long!EURCAD is trading in a
Rising channel and the
Pair made a nice rebound
From the rising Support which confluences
With the horizontal support Of 1.44330
I think we will see a move up !
EURCAD BUYdo not ask why. Only BUY because its on good support point. and i am sure 99% its will go up.
eurcad buynormal smc
I did the entry and sl that large cause we have two OB and market could decide to respect any one-off them.
either ways we are taking the buy
PS: we should always try to look out for our same smc structure on the lower tf so we won't be catching a falling knife cause it's just going to bleed you out.
EURCADHello everyone,
My ideas are base on my understanding only on charts with volume.
If you like my ideas and analysis you can comment it.
To all my followers i dont recommend trade in every post I made here.
Just pick 1 of your choice.
Focus only on 1 pair. you cant make more moneeee if you trade all of this ideas.
I know all of you here in tradingview know the basic strategy and fundamentals of charting and volume.
lets escape the box. pick one then grind that pair you like.
Reminder NO FOMO, NO GREEDY.
if youre goal on trading is longterm then trade longterm, Scalping is too squishy specially if you have other things to do.
Longterm traders or weekly traders are doing great. as I observed and base on my own trading experience.
Yes before I usually do the daily and intraday trades, and most of it are loss.
Now I learn my mistakes .
Longterm or the weekly trades might be a High stoploss or high risk stops because of the timeframe.
but I can assure the benefits of it, its totally not the same on scalping or intraday trades.
I hope you all have a great weekend ahead.
Crypto is still open..
Ciao..
EURCAD LONGPrice just took support from this year's AVWAP and pushed back up.
PD buyers pushed price up.
Sentiment line in perfect buy zone.
entry if and when price clears current POC zone and opens above it with good MACD.
1:1
note - not tagged in the position yet.
will add note once in the position.
EURCAD TradingView H4Here is my view for EURCAD on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURCAD Buy TF H4. TP = 1.4701On the 4-hour chart, the trend started on May 18 (linear regression channel).
There is a high probability of profit. A possible take profit level is 1.4701
But do not forget about the SL = 1.4511
Using a trailing stop is also a good idea!
Good luck!
Regards, WeBelieveInTrading
USDCAD BUY PROJECTIONits create d series of higher highs and higher lows
now ready to crete a new higher high
PS: there is still a FVG below my entry which markwt might come down to fill before we bull run
4HRS CHART
