Buy AUD CAD after it breaks the trendline on the upside.
If you are on the ride down, then good luck, I think it is a long run down. I would say TP1= 0.88243 TP2=0.85152 TP3=0.83521 I do not see it going below 0.83521 By the way, I am not riding this ride down unfortunately, but thought to share with those who are going to the valley.
Hi guys, Here we have a bullish BAT PATTERN on the Aussie-Canadian Dollar coming in at around 0.9270. This is a long-term trade so I'll be making sure I take into account my position size in order to manage my risk effectively. The reason why I love BAT patterns is that they give such good risk-reward which is obviously key to trading successfully. Stops will as...
Hopping to get 30 pips on this trade.
Here on the AUDCAD we´ve been on a downtrend for a while, we´ve come to a structure support area were we have made a double top so far that have hold up the price. Right now we have formed a Bat formation at structure looking to make a potential triple top then push price up to our target, before price will eventually continue the trend. our PRZ levet are...
A big gartley which has been in the making for 7 months is going to be triggered soon.
This is a setup for you day traders out there! I see long opportunities as soon as this pair reaches my entry point @0.9472. The lows where we're trying to find support at haven't been violated this week @0.9466 and today we're trying to find support again at this level. This idea contains 2 fibonacci based target points and a stop loss below X. If the lows hold...
Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win...
Just got 3 pairs on my watchlist for today: EURAUD, EURCAD and this nice bullish bat opportunity on the AUDCAD once the price gets to the .94755 area Aiming for 2 targets with stops nice below the LL of May 3th As always: just keep it simple :)
Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win...
Here on the AUDCAD it looks like we got some short term relief, from the heavy bear trend we have been in for a while. Down at structure support we got a Cypher formation forming up to catch a relief if we get it, so we only go for 1 target. PRZ is at 0,94820 Kind Regards Thomas Jeff
Looks like we will see a nice bullish cypher completion if we hit the 0,94831. Aiming for a t/p @ 0,95083
AUDCAD Keep look at 0.94000 this zone for long but be careful AUD will decrease interest rate again
One more wave is missing for an WXY pattern completion. Price is testing a key level where we should watch for any buy setup that we probably give us the last wave of this double three pattern.
FX:AUDCAD Safe Trades; open.spotify.com
AUD/CAD is extending recovery from 6-month lows at 0.9453 hit post RBA surprise cut. The pair has cleared 61.8% Fib retrace of the Sept-Dec rally at 0.9539 and is currently trading at 0.9620 levels. Canada's trade deficit in March widened to a record C$3.41 billion ($2.69 billion) as exports sank for a second month, Statistics Canada said on Wednesday. Daily...
FX:AUDCAD GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6%...