AUD/CAD has just bounced off the support level which is an overlap support that aligns with the 23.6% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.88963 Why we like it: There is an overlap support level which aligns with the 23.6% Fibonacci retracement. Stop loss: 0.88736 Why we like it: There is a pullback support level which...
A glimpse of the AUDCAD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Hola Amigos Dear Friends, This is our master plan to Heist Bullish side of AudCad Bank Robbery based on Thief Technical Analysis. My dear Robbers U can enter at the any point above my entered area, Our target is Red Zone that is High risk Dangerous Snake trap area. Be safe and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money...
In the 1H time frame, due to the fact that he took an ascending guard and moved to the bottom area of the previous range, and this return can be considered as a pullback to the broken structure, and now by creating an OB in the specified area, it can create demand In return, move to the specified areas of supply areas. »»»«««»»»«««»»»««« Please support this idea...
Dear Traders, Tonight due to news price took out the sell side liquidity, price rebounded from key level and currently looking at our price going up towards our target. Use proper risk management. Good Luck.
AUDCAD OANDA:AUDCAD - Apr. 18th, 2024 BUY/LONG ZONE (GREEN): 0.88750 - 0.89550 DO NOT TRADE/DNT ZONE (WHITE): 0.88500 - 0.88750 SELL/SHORT ZONE (RED): 0.87850 - 0.88500 Weekly: DNT (at last week's close it was labeled bullish, with current momentum it's DNT) Daily: Bearish 4H: Bearish OANDA:AUDCAD has broken done into the next zone. This is what I would...
At 9:30pm EST we have Australia reporting CPI data and in this video I have plotted out some areas of interest that I would consider selling Aussie provided we get strong bullish momentum following the reports. The sells are intended to only be scalp trades with small targets of only 10-20 pips depending on the pair.
I'd engaged in a classic Support and resistance trade with 1 single target and observed candlestick movement on a key turning point. Shorted AUDCAD at 0.8845 and my Initial Stop-Loss is at 0.8864(-19pips)(~190usd/lot). Once the market hit 0.8829, I would shift stop to entry(SLE), attaining a risk-free trade. In between I do nothing!
🕵️♂️ Let's dive into analyzing the Australian Dollar against the Canadian Dollar and see how they compare to each other. We'll focus on lower timeframes for this analysis. 📅 As we start the first day of the week, the market has just opened, and traders are awaiting the American session for their trading activities. Typically, we see increased volume during this...
A #long trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📈. This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 0.88046 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see...
AUDCAD is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. A reversal from this level could lead the price to drop to our take profit. Entry: 0.88469 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.88948 Why we like it: There is...
Bearish Trendline at 4-Hour Time Frame: AUDCAD has been following a bearish trendline in the 4-hour time frame, indicating a prevailing downward momentum in the market. Observation of Dow Theory: Additionally, the market has been adhering to the principles of Dow Theory, reinforcing the bearish sentiment. Retracement and Rejection: A retracement up to the...
💵Pair Name AUD/CAD 1 DAY RELATIVE PERFORMANCE Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Retest 0.89200 Reasons - Major Turn level - Visible Range HVN - Choch Area - Month High Area - Fixed Range Low Volume Bullish Reversal 0.88000...
Greetings, everyone! We’re back with a fresh analysis, and I’m currently seeking a buying opportunity in the OANDA:AUDCAD pair, the price reaches the extreme zone and respond, it presents a highly favorable buying opportunity,
✅AUD_CAD is going down Now but the pair is trading Along the rising support And after the retest We will be expecting A local bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Retest of signal candle just occurred (15m timeframe). Should be long from here. TPs are 3 supply zones above (yellow boxes).
I am looking to go long on Audcad if it breaks the resistance trend line and retests the support zone. If it breaks the support and the trend line below, I will be looking for short opportunities
Price has currently bounced off the buy zone which is an overlap support level which aligns with the 78.6% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.88418 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.87974 Why we like it: There is a pullback support...