EUR/CAD – 2H – BUY

BUY 4× UPDATED CLOSED
2 days ago
The plan for this signal Closed at target · result +0.41 %
Entry
1.57412
Target
1.58064 +0.41 %
closes in profit
Stop
1.56577 −0.53 %
closes at a loss
At the latest
after 14 candles (28 hours), at the market price
So far 50 of 100 forex 2h signals ended in profit · on average ≈ 0 % per trade 1,088 closed signals since 6 Sep 2026 · Information, not investment advice · past results are not a reliable indicator of future results · Disclaimer
What we have measured
This is how 1,088 closed forex 2h signals since 6 Sep 2026 ended:
20 % at target avg +0.42 % 29 % holding time ended, in profit avg +0.22 % 35 % holding time ended, at a loss avg −0.23 % 15 % at stop avg −0.45 %

Missing the target is not the same as a loss: when the holding time ends, the trade closes at the market price – in profit or at a loss.

Real live signals, nothing selected · gross, without your broker’s fees and spreads
Why this signal

Triggered by: KAMA Retreat Up, MIDPOINT Retreat Up, MIDPRICE Retreat Up +12 more

Trend at entry: in 6 of 8 timeframes in the signal direction

The engine evaluates many detectors on every candle – chart patterns, indicators, trend lines, support and resistance – and weights each one by how it has performed so far.

All triggers · Trend context · AI assessment

How we work
  • Every signal is tracked to the end and counted, losses included – so far 38,768 closed live signals.
  • Every figure on this page was fixed in advance and checked on data that was not used to develop it.
  • What does not hold up, we do not recommend: we tested exiting at warning signs on about 98,000 trades – on average it gains nothing, so there is no such recommendation.
  • More than 150 logged experiments, each with its result – including the ones that failed.
  • All figures are gross: without your broker’s fees, spreads and slippage.
Details for professionals
EUR/CAD  ·  2H
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Signal evolution

Events for EUR/CAD

Full calendar
  • TomorrowEURECB Economic Bulletin●●○in 9h
  • TomorrowCADBuilding Permits m/m●●○Forecast -5.9%Previous 8.8%in 14h
  • TomorrowEURECB President Lagarde Speech●●●in 20h

All times UTC.

Conviction, candle by candle

100 50 0 entry now · 5 × 2h 96%
conviction per candle 50% — below this the other side leads

Weakening. Conviction is lower than at entry — worth watching, no action implied.

Signals Fired

These are the triggers as captured when the signal opened (9 Nov 2026, 08:00 UTC, updated 4× since). They are not recalculated — the chart shows current candles.

Signals Fired Category Weight
▲ KAMA Retreat Up indicator 2.18
▲ MIDPOINT Retreat Up indicator 2.16
▲ MIDPRICE Retreat Up indicator 2.14
▲ HT TRENDLINE Retreat Up indicator 1.96
▲ MA Retreat Up indicator 1.91
▲ MAMA PRICE Retreat Up indicator 1.91
▲ DI CROSS Cross Up indicator 1.87
▲ EMA Retreat Up indicator 1.86
▲ SMA Retreat Up indicator 1.84
▲ STOCHF KD Cross Up indicator 1.79
▲ BOP Zero Cross Up indicator 1.66
▲ DM CROSS Cross Up indicator 1.65
▲ TTM TREND Trend Up indicator 1.42
▲ Bullish Engulfing candlestick 1.19
▲ Inverted Hammer candlestick 1.10
▼ WILLR OB Entry indicator 1.01

Trend Context

15M
UPChoppy / sideways
30M
UPChoppy / sideways
1H
UPChoppy / sideways
2H
UPChoppy / sideways
4H
UPChoppy / sideways
8H
UPChoppy / sideways
12H
DOWNSolid trend
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • Strong bullish signal cluster on the 2H chart, but higher timeframes (12H, 1D) are bearish, making this a likely counter-trend move.
  • Watch the resistance at 1.58064 – a break above could shift the outlook, while a rejection may lead to a pullback.
  • Support at 1.56577 is the key invalidation level; a break below would negate the bullish setup.
  • Lower timeframes are choppy, so expect limited momentum unless price breaks above resistance.
The EUR/CAD 2H chart has fired a dense cluster of bullish signals, including a BOP Zero Cross Up, DI Cross Up, DM Cross Up, STOCHF KD Cross Up, and WILLR OB Entry, alongside retreats off key moving averages (EMA, KAMA) and a higher-timeframe trendline. This confluence points to strong short-term buying momentum, with the 2H timeframe showing a very strong trend score (97% probability). However, the broader picture is mixed: all timeframes from 15m to 8h are bullish but choppy (trend score 1/5), while the 12H and 1D are bearish with a solid trend (3/5). This suggests the current bullish push is likely a counter-trend move within a larger downtrend, and traders should watch for resistance near 1.58064. A break above that level could signal a shift in the higher timeframe, while a failure could lead to a pullback toward support at 1.56577.

The alignment of multiple indicators on the 2H chart provides a strong near-term bullish case, but the conflicting higher timeframes (12H and 1D bearish) introduce significant risk. The bullish signals are firing at the same time, which increases their reliability, but the choppy nature of lower timeframes suggests the move may lack sustained momentum. Key levels to monitor are the immediate resistance at 1.58064 and support at 1.56577. A close above resistance would confirm bullish continuation, while a break below support would invalidate the signal and likely lead to a deeper decline. Given the mixed trend structure, traders should consider this a tactical long opportunity rather than a trend reversal, and manage risk accordingly.
Catalysts
  • ▲ Confluence of multiple bullish signals (BOP, DI, DM, STOCHF, WILLR, EMA/KAMA retreats) on the 2H timeframe.
  • ▲ Very strong trend score (97%) on the 2H chart, indicating high conviction in the short-term direction.
  • ▲ Price is holding above key moving averages (EMA, KAMA) and a higher-timeframe trendline, which supports the bullish case.
  • ▲ All lower timeframes (15m to 8h) are bullish, even though choppy, aligning with the 2H signal.
Risk Factors
  • ▼ Higher timeframes (12H, 1D) are bearish with solid trends, which could overwhelm the 2H bullish move.
  • ▼ Choppy price action across lower timeframes suggests the bullish momentum may be weak and prone to reversals.
  • ▼ Resistance at 1.58064 is nearby and could cap upside, leading to a pullback.
  • ▼ If price breaks below support at 1.56577, the bullish signal is invalidated and the larger downtrend could resume.
Symbol EUR/CAD
Timeframe 2H
Direction BUY
Conviction 96%
Strength VERY STRONG
Date 2026-11-09 06:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.58064 2026-10-21
S1 1.56577 2026-11-05
S2 1.55911 2026-11-03
S3 1.55521 2026-10-30

Tags

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