EURCAD trade ideas
EURCAD Short Trade OANDA:EURCAD Short trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
This is good trade, don't overload your risk like greedy, be disciplined trader, this is good trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
EUR/CAD: Quant-Verified ReversalThe fundamental catalyst has been triggered. The anticipated strong Canadian CPI data was released as expected, confirming the primary driver for this trade thesis. Now, the focus shifts to the technical structure, where price is showing clear exhaustion at a generational resistance wall. 🧱
Our core thesis is that the confirmed fundamental strength of the CAD will now fuel the technically-indicated bearish reversal from this critical price ceiling.
The Data-Driven Case 📊
This trade is supported by a confluence of technical, fundamental, and quantitative data points.
Primary Technical Structure: The pair is being aggressively rejected from a multi-year resistance zone (1.6000 - 1.6100). This price action is supported by a clear bearish divergence on the 4H chart's Relative Strength Index (RSI), a classic signal that indicates buying momentum is fading despite higher prices.
Internal Momentum Models: Our internal trend and momentum models have flagged a definitive bearish shift. Specifically, the MACD indicator has crossed below its signal line into negative territory, confirming that short-term momentum is now bearish. This is layered with a crossover in our moving average module, where the short-term SMA has fallen below the long-term SMA, indicating the prevailing trend structure is now downward.
Quantitative Probability & Volatility Analysis: To quantify the potential outcome of this setup, we ran a Monte Carlo simulation projecting several thousand potential price paths. The simulation returned a 79.13% probability of the trade reaching our Take Profit target before hitting the Stop Loss. Furthermore, our GARCH volatility model forecasts that the expected price fluctuations are well-contained within our defined risk parameters, reinforcing the asymmetric risk-reward profile of this trade.
The Execution Plan ✅
Based on the synthesis of all data, here is the actionable trade plan:
📉 Trade: Sell (Short) EUR/CAD
👉 Entry: 1.6030
⛔️ Stop Loss: 1.6125
🎯 Take Profit: 1.5850
The data has spoken, and the setup is active. Trade with discipline.
YOU MUST BE A CONFLUENCE FINDER, let me explain.......All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
EURCAD: Long Signal with Entry/SL/TP
EURCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry - 1.5929
Stop - 1.5899
Take - 1.5985
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURCAD: Bullish Forecast & Bullish Scenario
The price of EURCAD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURCAD LONG SETUP H4: 28 JULY - 1 AUGUST 2025✅ EUR/CAD Trade Plan (4H Timeframe)
🔍 Bias: Bullish
🧠 Why Buy EUR/CAD?
Reason Details
📊 COT Data
Institutions are 66.9% long EUR and 80.19% short CAD
👥 Retail Sentiment
87% of retail traders are short (contrarian signal = bullish)
📈 Technical Setup
Breakout + retest of descending trendline and resistance = bullish continuation setup
🔍 Technical Analysis Summary
✅ Trend & Price Action
The pair broke out of a descending trendline, indicating a shift from a short-term downtrend to a potential uptrend.
📊 Key Levels
1. Resistance / Take Profit (TP) Target Zone:
Around 1.61500 – 1.62000
Marked in red as the TP TARGET, this is a supply zone.
The market may face selling pressure at this point.
2. Current Price Levels:
Price is trading around 1.6088, slightly below the local resistance at 1.6108.
3. Support / Buy Zone:
Between 1.60701 – 1.60884
This zone has previously acted as resistance and may now serve as support, aligning with the breakout retest.
4. Lower Support Levels:
1.59218 and 1.58883 are marked as potential deeper support if the breakout fails.
📈 Indicators and Patterns
Trendline Breakout: The descending black trendline has been broken, suggesting bullish momentum.
Pivot Levels (R1, R2, S1, etc.) are overlaid, providing additional confirmation of key support/resistance zones.
---
📌 Trading Plan (as per the chart)
Bullish Bias: The breakout and retest imply a long entry from the BUY ZONE (1.607 – 1.6088).
TP Target: Around 1.615 – 1.620
Invalidation Level: A break below 1.6070, or especially below 1.5921, may invalidate the setup and turn bias bearish.
📊 COT Data Analysis
EUR (Euro):
Long Positions: 66.9%
Short Positions: 33.1%
Δ Weekly: -1.11% (net longs reduced slightly)
🔎 Interpretation:
Institutions are still heavily long on the Euro, showing confidence in its strength.
However, there's a slight weekly decrease, possibly a bit of profit-taking or caution ahead of upcoming data.
---
CAD (Canadian Dollar):
Long Positions: 19.81%
Short Positions: 80.19%
Δ Weekly: +1.22% (shorts increased further)
🔎 Interpretation:
Institutions are extremely bearish on the Canadian Dollar.
The increase in short positions shows growing conviction that CAD will weaken.
🧮 Institutional Bias:
Bullish on EUR/CAD: Institutions are net long EUR and net short CAD, meaning they expect EUR/CAD to rise.
---
👥 Retail Sentiment (EUR/CAD):
Long: 13%
Short: 87%
🔎 Interpretation:
Retail traders are massively short on EUR/CAD.
This is a contrarian signal: retail traders are often on the wrong side of the market.
Smart money likely sees upside if retail is heavily short.
📌 Conclusion
All signals — COT, retail sentiment, and technical structure — point toward a bullish EUR/CAD outlook.
Institutions are buying EUR and shorting CAD, while retail traders are mostly short, potentially fueling a short squeeze if price rallies. Technically, the breakout and retest also support a bullish trade idea.
EUR_CAD LOCAL SHORT|
✅EUR_CAD is going up to retest
A horizontal resistance of 1.6110
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 1.6077
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/CAD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Previous week’s red candle means that for us the EUR/CAD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.600.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CAD make a fakeout and will soon decide its next trend.EURCAD recently made a faekout at the marked candle.
The candlestick pattern we can see is a Shooting Star. Yes, it does have a small wick at the bottom, but more or less looks like a Shooting Star.
After that, it fell right back into the channel. It's good to see that the channel is being respected.
Now, there's two possibilities that we're looking at for a trade.
Firstly, if we look at the Top Red trendline and the Green Trendline, we can see that there is a triangle formation. The price will decide if it wants to stay in the channel or not depending on how it reacts at the end of that triangle.
Next thing we look at is (assuming price respects the channel and continues down) that the price will start respect the big channel (Top Red trendline and Bottom Red Trendline) as it has been doing for a while now...
It's time to wait now and understand where price is going. In both possibilities, we have a trade which can be taken, but we must ensure that we have our rules and confluences in check before taking the trade.
Trade idea for EURCADThe sell-side liquidity at 1.58972 was purged, and now we target the buy-side liquidity at 1.60384. The potential entry zone is from CMP at 1.60016 with a stop loss at 1.59922. The 5-minute entry was taken based on the CISD strategy. Note the 1.59973 level; if this level is swept and not run through, then we can add more positions and maintain the same stop loss for larger rewards.
"EUR/CAD Price Pirate Mode: Long Entries Loading!"🔥🚨 "EUR/CAD BANK HEIST: The Ultimate Bullish Loot Grab! (Thief Trading Style) 🚨🔥
🌟 Greetings, Market Pirates & Profit Raiders! 🌟
(Hola! Oi! Bonjour! Hallo! Marhaba!)
The EUR/CAD "Euro vs Loonie" vault is WIDE OPEN—time to execute the Thief Trading Heist Plan! 🏦💰 Based on 🔥 high-probability technicals & stealthy fundamental analysis 🔥, here’s how we SWIPE THE LOOT before the bears catch on!
🎯 TRADE SETUP (Scalping/Day Heist)
📈 Entry (Bullish Raid):
"The vault door is cracked—enter anywhere!"
Pro Thief Move: Use buy limit orders near swing lows (15M/30M) for sneaky pullback entries.
Advanced Raid Tactics: Layer entries (DCA-style) for maximum loot efficiency.
🛑 Stop Loss (Escape Route):
Swing Low (4H) = 1.58800 (Adjust based on your risk tolerance & lot size!)
Thieves’ Golden Rule: "No heist is worth a jail sentence!" 🚔💨
🎯 Take Profit (Escape Before the Cops Arrive!):
Primary Target: 1.62300 (or exit early if resistance gets too hot!)
⚠️ Danger Zone: High-voltage resistance = Bear Trap Territory! ⚡🐻
💡 WHY THIS HEIST WILL WORK:
✅ Bullish Momentum Intact (Price structure favors buyers)
✅ Weak CAD Fundamentals (Loonie under pressure)
✅ Smart Money Algos Likely Pushing Higher (COT data hints at institutional bias)
📰 NEWS ALERT (Avoid the Market Police!)
🚨 Upcoming High-Impact Events?
Avoid new trades during news spikes!
Trailing stops = Your getaway car! 🚗💨
💥 BOOST THIS HEIST! (Let’s Get RICH Together!)
🔥 Hit the 👍 LIKE & 🚀 BOOST button to strengthen our robbery squad!
💬 Comment your entry & TP—let’s track the loot!
🔔 Follow for DAILY HEIST PLANS!
⚠️ DISCLAIMER (Stay Out of Jail!):
This is NOT financial advice—just a pirate’s treasure map! 🗺️
Manage risk like a pro thief—don’t blow your capital!
🚀 Ready to RAID? Let’s STEAL those pips! 🏴☠️💸