EURCAD BUY!EUR/CAD has been in a correction phase for the past two weeks, but the presence of bullish divergence and a breakout above the recent lower low suggest a potential trend reversal at this point.
EURCAD.P trade ideas
EURCAD SHORTliquidity taken out, no retested demand zone, resting liquidity lower, no retest seen on trendline. Reason to be bearish.
EURCAD bearish Flag & PoleEURCAD in bearish continuation pattern
Bearish divergence
Bearish Flag & Pole
Sell stop below the Pole
SL above the flag
EURCAD bullish ideaBased on a retracement idea :) GOOD Luck! Break ou of the trendline--> retracement.
I hope it works. Good luck!
EURCAD TRADE IDEAEURCAD has been trading in minor wave 1 within minutte wave (i) which broke out of channel, however, minutte wave (ii) seems completed and retrace to 50% fib which acted as a support to my confirmation, a broke above 1.49944 will trigger a confirmation to buy minor wave 3 within minutte wave (iii)
EURCAD Bullish Reversal OpportunityEURCAD price seem to be facing a strong support zone. A potential Bullish reversal seems in play as the price action has broken the previous Lower High.
Trade Plan
Entry @ 1.49340
Stop Loss @ 1.48790
TP1 @ 1.4989
TP2 @ 1.5044
No. of Trades: 2
Move SL to Break Even if TP1 hits.
EURCAD is BullishPrice was in a strong down trend, however the bullish divergence hinted that bulls are trying to win control, this notion was confirmed by the break of previous lower high and printing of higher high. If price breaks this freshly printed higher high then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.
EURCAD Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
EURCAD - Ascending TrendlineAs you can see in the chart, EURCAD is following Ascending Trendline
I'm expecting a break of the trendline and the beginning of the bearish trend.
The following are the target's I'm expecting in this pair
TP1: 1.49036
TP2: 1.47418
EURCAD trendy breakdown EUR is weak, i expect to retest previous support making a nice short sell opportunity
EURCADHi guys,
In this chart i Found a Demand Zone in EURCAD CHART for LONG entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
EURCAD: Long Signal with Entry/SL/TP
EURCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry - 1.4922
Stop - 1.4880
Take - 1.5008
Our Risk - 1%
Start protection of your profits from lower levels
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EUR/CAD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
Bullish trend on EUR/CAD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.504.
✅LIKE AND COMMENT MY IDEAS✅
EUR CAD LONGEurcad made clean 3 wave down. With all EW rules applied. 3 corrective waves and 5 inner impulse waves. Good for a long till resistance. Remember to take partial profit as trade goes your way, Goodluck traders
EURCAD TRADE IDEAEURCAD has been on a downtrend, continuues to break below key levels while respecting structure. a break below a support and a retest at a confluence area
