In this video Vladimir Ribakov presents a detailed technical analysis of the EUR/CAD currency pair, linking it to his recent EUR/USD weekly outlook and the broader USD/CAD dynamics. He examines the weekly chart, noting three bullish waves that end with a bullish divergence and a strong bullish candle, suggesting a potential flip. On the daily chart he identifies a false breakout, a fake low, and a bullish divergence on moving averages, with two upward waves already in place. He outlines two possible scenarios: (1) completion of a zigzag pattern followed by a strong continuation upward, or (2) a flip that creates a third higher high, a retest of a volume zone around 1.47, and buying pull‑backs. The 4‑hour chart shows extreme MACD divergence, RSI above 80 (overbought), and a likely corrective ABCD pattern. He describes the expected legs of the correction, possible low‑breaks, and the importance of higher highs/lows to confirm buyer control. Ribakov proposes a trade plan of buying dips in the bullish scenarios and specifies an invalidation condition – the emergence of three lower highs/lower lows, which would shift his stance to neutral. Throughout, he promotes his Traders Academy Club for real‑time education and invites viewers to subscribe, like, and comment.
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Hello traders, how are you? Vladimir here, and in this video I would like to share with you my technical analysis and price forecast for the EUR/CAD, and I, I will explain why I find this a very interesting opportunity. But right before that, if you are new to this channel, welcome to our amazing community. Please subscribe to the channel with the subscribe button below the video, and also I invite you to join us in our trading family, the Traders Academy Club, where you will enjoy from real-time trading education and real-time trading ideas delivered to you. Follow us with the link below in the description or in the pinned comment in the comment section. So let's begin. Why do I see the EUR/CAD a very interesting opportunity? Uh, it's partially related to the EUR/USD analysis I shared with you in the weekly forecast, and if you missed it, Make sure to watch it in the channel or right now on the right top corner of this video, direct link to watch the weekly video, and partially based on the dollar CAD, and together they create fantastic opportunity on the euro CAD. So why do I find that such a beautiful opportunity? Analyzing the weekly chart, what I see here is beautiful 3 waves come to the end with a bullish divergence. After that, we got a fantastic flip with a massive bullish candle on the previous week. Great signs so far. Taking a look on the daily chart, we are facing here false breakout right here, fake low, bullish divergence on the moving averages coming in play as well. At the moment, we have 2 waves upside, and I, um, expect to see one of the next scenarios. Scenario number one we complete here a zigzag and then massive continuation upside. So number— number— scenario number 2 is we flip to make one, uh, one more high to complete 3 higher highs, higher lows, clean this high from the weekly chart, retest the massive volume area here around the 147, and then buy the pullbacks. Would be simply fantastic opportunity. To approach these scenarios, here is what I would like to see on the 4-hour chart. But before that, if you find this video useful, helpful, and educational, you would like to see more, please show your support back. Hit the like button below the video, drop some feedback in the comment section. Feel free to share this video with anyone you would like in your trading community. This is completely open for the community. Thank you very much in advance for your help. So what do we have here on the 4-hour chart? 2 waves upside that we saw on the daily chart, and 4-hour gains this massive momentum after an extreme divergence which creates completely new high on the MACD with RSI above 80 in the overbought conditions. It's very logical we will face a corrective movement which usually lasts as ABCD. Uh, and that's what I expect to see. So I want to see the second leg created, and here is one of the 2 scenarios. So number— scenario number one, one more low with a false breakout, and then the price creating again higher highs to prove that the buyers are taking control. Buy the dips would be the plan, uh, following. Second is that we are going back to the next volume zone And the next lows. So if we take a look and analyze the previous move down, we retested the— this low right here and we bounced. If this low does not hold, and there is a very good chance the price is going to try the next lows— next lows on the line is here and here— and this could complete the ABCD we were talking about on the daily chart as well. 2 up, 2 waves up, 2 waves down would complete a zigzag for us. In that case, what I would want to follow is this move to complete, break this falling trend line, and with the climb on lower time frame making the bullish momentum by creating again higher highs, higher lows, should be a great sign that the buyers take the control to the next one. If all the terms I am using here are completely new to you, uh, don't get scared. It's actually simpler than it might sound at the beginning, and I invite you to join us in Traders Academy Club and learn all these techniques I use as they happen real time in real-time trading opportunities that will be delivered to you. So that's it for, uh, the EUR/CAD analysis and the way I expect the price to behave. Very important to state what would invalidate my bearish view: if the market switches to a pattern of 3 lower highs, lower lows before, uh, validating a bullish view. That would contradict the bullish analysis. In that case, I would simply go neutral without looking to, to jump in any trade. So let me know, what do you think about this pair? How do you find this opportunity and this pair? What would you expect to see from this one? Thanks for your time watching this video, and once again, I invite you to join us in our trading family, Traders Academy Club, with the link below the video in the description or in the pinned comment, and to enjoy from the best of our techniques and our trading ideas. Thanks for your time, stay safe, be healthy, and I'll see you soon with more videos.
