anilmangal
Long

AUDCAD still on the up move

FX:AUDCAD   Australian Dollar/Canadian Dollar
6498 29 183
9 months ago
Hi Guys this is an update on the AUDCAD             , it broke and consolidate. It is about to breakout of consolidation, which would be a good idea to buy. I will post the trade setup on a lower time frame so FOLLOW me if you want instant notification.

Trade with care.
Thank you for your support.
9 months ago
Comment: 240 view
snapshot
8 months ago
Comment:
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Martin_TG PRO
9 months ago
hi anilmangal. thanks for your useful ideas. can you give me an example on how you would set a stop loss in this scenario? thank you
Reply
anilmangal TOP Martin_TG
9 months ago
Stops and targets will depends on what strategy YOU are using to trade. I am just giving my view on the direction I believe it will go based on my analysis.
If you don't know how to trade it then YOU SHOULDN'T, until you have the knowledge to do so.
+4 Reply
Cazzie
9 months ago
Love the Monthly analysis Anil.
Daily and hourly are both about to sell off.
+1 Reply
anilmangal TOP Cazzie
9 months ago
I don't see the sell of, but let's see.
+2 Reply
waterman
9 months ago
Hi anil ! oil appreciates. will it affect this pair ? thanks
Reply
anilmangal TOP waterman
9 months ago
maybe, we will see.
+2 Reply
olpey
9 months ago
Good Morning Anil
The break out point at 99.20 ?
Reply
TobKarl PRO
9 months ago
thanks alot anil
+1 Reply
AbdullahArslan
9 months ago
nice analysis
I think I am late to buy again
and I see a divergence is occuring on h4 chart
thanks
+1 Reply
Adriese PRO AbdullahArslan
9 months ago
Big Move I will not miss!!!
Reply
LolliPip
9 months ago
Looks good! Thank you :)
+1 Reply
ananora23 PRO
9 months ago
Thank you always for heads up like these! :)
+1 Reply
Thanks again Anil.
+1 Reply
ChrisChristy
9 months ago
Hey anil, thanks again, whats your take on NZDCAD?
+1 Reply
yossih
9 months ago
thank you
Reply
quinnstevenso
9 months ago
Hey all! Rookie here! I am wondering what the tool on the far right with the percentages is? :)
Reply
longshot PRO quinnstevenso
9 months ago
Fib Retracement tool
Reply
lucas1982 PRO
9 months ago
How can this be useful? Even if the general monthly trend will be upwards, the intraday price fluctuation will kill most of us. It's not a criticism but a genuine question. Am I missing something here? Thanks
Reply
R.Marcel lucas1982
9 months ago
yes! time ,timing ,capital ..
+1 Reply
lucas1982 PRO R.Marcel
8 months ago
I said 'most of us' and this excludes capital... about time and timing you should explain what you mean..
Reply
cortez
9 months ago
Anil do you give signals ? or have webinar where you said how to get in or get out of a trade?
+1 Reply
radraziel
9 months ago
I am in
+1 Reply
anexas PRO
9 months ago
Thank you Anil. Looks very interesting.
+1 Reply
plzcarryme
9 months ago
Very interesting trade, thank you sir
+1 Reply
maccabean
9 months ago
Here is some useful criticism. I think this a dangerous trade. The Canadian dollar has leaped due to crude oil going higher which has risen due to supply and demand fundamentals. The Aussie is rising based on Iron Ore going higher which is based on speculative reasons, that the Chinese will increase stimulus. Good luck to all.
Reply
maccabean maccabean
9 months ago
I should say, I really think some of your calls have been great. Just with this trade I personally don't think it will go too much higher.
Reply
Hi anilmangal, Thank you. Got this one right versus the GBPCHF a few days ago. For that one I think I went in too early. Thank you.
+1 Reply
HumphreyNR
9 months ago
Thanks anil.... A pip-tastic move so far so good....:)
Reply
ivansem95
8 months ago
Thank you very much!
Reply
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