Vladimir Ribakov analyzes EUR/CAD across multiple timeframes and forecasts a bullish corrective move. He identifies bullish divergences on MACD and RSI, higher highs and lows, and volume clusters suggesting upward momentum, with a pullback entry strategy on the 4-hour chart.
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Hello traders, how are you? Vladimir here from Traders Academy Club, and in this video I would like to share with you my market analysis on the EUR/CAD and my price forecast, price prediction, which in that case would be bullish. So I would like to explain all the technical analysis behind it and the way I find interesting to consider trading. But before I do that, if you are new to this channel, welcome to our amazing community. I would like to invite you to subscribe to this channel. Please follow the subscribe button below the video. And also I'd like to invite you to join our trading family, Traders Academy Club, where you would be enjoying real-time trading ideas and real-time trading education, explaining every single idea with a video and track recorded in trading journal. To join our family, please follow the link below the video in the description or in the pinned comment in the comment section. And also, I would like to ask your help— 15 minutes— 15 seconds, sorry, of your time. If you find this video useful and helpful, feel free to share it with anyone who you believe can benefit by watching this video. And please hit this like button, drop some feedback below in the comment section. 15 seconds of your time is a huge help. To me, my work, and this channel to continue and be relevant and growing in, uh, in the online. So thank you very much in advance for your help. So what do I see on the EUR/CAD and why do I find it bullish after 3 massive waves? And I will draw here on the chart with my virtual trading pen. So I see here 3 clear waves To the downside ended with a bullish divergence on the moving average of the MACD. But the interesting part that triggers my eye here is the fact that this low was cleaned, and so far, as you can see, it behaves as a clearance zone, as a cleaning area, and turning out turning up. So taking that into consideration and expectations of a bullish corrective movement. Going down to the daily chart, here is what I see at the end of the daily movement, which was a cycle by itself. We also experienced the bullish divergence on the moving average, histogram, and RSI. We flipped here by making a convergence. We got a massive pullback, uh, about a week, a bit more ago, and then it was holding, which is an impressive sign. The lows here and here, low and low, were holding, which is impressive sign by the buyers, and which makes me think the bullish run isn't over. And there is a big cloud of volume slightly above that, next to the weekly volume, which there is a great chance we are heading towards that. Going down to the 4-hour chart, we can clearly see that we regain a bullish momentum by making higher highs, higher lows, which is a bullish trend pattern, trending structure, which makes me think pullbacks should lead for further rallies on this pair, ideally towards the zone marked before. So my bullish view here is based on my weekly, daily, and 4-hour chart analysis, and I'm looking to trade it exactly as I explained with the pullback on the 4-hour chart. Let me know How do you see the EUR/CAD? Do you find that interesting opportunity? If so, what is your analysis and view on this pair? And, uh, thank you very much in advance for your contribution and your help. And that's it for this video. Once again, I invite you to join us in our trading family, the Traders Academy Club, understand how the market works and mainly why, uh, be exposed and enjoy all our real-time trading ideas and real time trading education delivered to you in our dedicated Telegram chats and groups. So I wish you wonderful trading. Thanks for watching. Stay safe, be well. I'll see you soon with more.
