EURCAD

Sell Trade Explanation on EURCAD (1H)

Why I took this sell:

I spotted a clear monthly resistance zone a strong area where price has struggled to break higher in the past.

On the daily timeframe, price reached this monthly resistance, respected it, and formed a CRT setup (reversal pattern). This gave me the higher-timeframe bias to look for sells.

I then dropped to the 1H timeframe:

- Saw a Market Structure Shift (price broke lower, confirming bearish momentum)

- Identified liquidity above recent highs

- Price pulled back into my Point of Interest (POI) a breaker block

This breaker block was the perfect entry zone. I entered the sell as price reacted there.

G
@godswillfx - 1 month ago

Simple breakdown for beginners:

1. Higher Timeframe resistance = big selling area

2. Daily reaction + CRT = confirmation to sell

3. 1H structure shift + breaker block = precise entry

Trade taken at the confluence of higher-timeframe resistance and lower-timeframe confirmation.

G
@godswillfx - 1 month ago

I saw my mistake and I'll note no learn.

Trading trains up to less not more.

SL hit.

G
@godswillfx - 1 month ago

EUR/CAD Bearish Trade Breakdown

On the weekly chart, price was making higher highs and lower lows (weak uptrend).

Then we had a failure to make a new swing high, the market broke structure and started printing lower highs and lower lows.This confirmed the trend had switched to bearish.

Daily and 4-hour timeframes were already clearly bearish. respecting the new lower highs and lower lows.

G
@godswillfx - 1 month ago
Quoted - godswillfx

EUR/CAD Bearish Trade Breakdown

On the weekly chart, price was making higher highs and lower lows (weak uptrend).

Then we had a failure to make a new swing high, the market broke structure and started printing lower highs and lower lows.This confirmed the trend had switched to bearish.

Daily and 4-hour timeframes were already clearly bearish. respecting the new lower highs and lower lows.

How I took the trade:

1. On the 4H chart, I waited for price to pull back into a bearish order block(a strong supply zone where sellers had previously shown control).

2. When price tapped that order block, I dropped to the 1H chart, saw a liquidity sweep(price wicked below recent lows to grab stop losses).

3. Switched to the 15-minute chart another liquidity sweep + failure to make a new swing high. This was the perfect confirmation.

I entered sell immediately on the 15M timeframe.

G
@godswillfx - 1 month ago

Note:

Always confirm the higher timeframe trend first (Weekly → Daily → 4H). Then wait for price to reach your key zone (order block), look for liquidity sweeps on lower timeframes, and enter on structure break/failure to swing. This gives high-probability entries with clear invalidation.

Trade smart. That's it.

P
@patrader - 1 month ago

Last 4 sessions plotted here.

I took 1 trade today EURUSD buy at Yesterdays low. Exited at range high. Selling has been brutal lately. I am not even getting 10 pips lol.

I am also attaching the last 4 trading sessions. For anyone reading the session chart is the move that happened in a particular session.

Most of the time the price stays within the sessions from previous day or sometimes last week. So where there was a range 2 week ago you can have the exact range in that same place.

The 26 May image shows the US session and London session marked and drawn.

These charts were built using python, if anyone wants them i can share them here.

P
@patrader - 1 month ago

If you look at them you will see the next session on the next day, picks up exactly where the last session leave off. Almost like you are trading a single move and the very next candle.

P
@patrader - 1 month ago

Wrong thread sorry.

Please disregard my replies here. But as pointed this applies to any currency pair.

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