I, personally would like this pair to go to the double top, because then the risk to reward will be much higher, and as far as the analysis shows me, nothing prevents it from going to 95,700 areas before the big fall.
Welcome to this analysis on AUD/CAD.
I took a trade on AUD/CAD on 6/16/2020 which got stopped out. This trade idea is a continuation of the last setup, you can refer to that link if you wanna read more about it.
Since the last trade, the market went sideways and consolidated more in a range between 0.942 and 0.927.
It appears like the price has just broken above...
Hey, I am back with second idea for today, looking at AUD/CAD.
Strong daily uptrend, price broke above resistance area, now we want to long on this support area.
Entry
Above 0.94200
Take profit
Below 0.94480 (28 pips)
Make sure to follow me in order to not miss out on my future regular setups.
If you found this setup useful, please don't forget to leave a...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUD CAD - Long Flashcard
- This pair has been on a bullish uptrend
- Double bottom formation off of the 800 ema
- Pair presented a RR track for entry from second leg
- First leg of formation presented with a RSI hook into volatility bands @ 32
- TP1 @ 200 ema (however this should mean you stop...
AUDCAD Long
Direction: - AUDCAD was in Bullish Orderflow, and the trade presented itself in a Bullish OrderBlock.
- Previous high held was broken yesterday, indicating they were going to continue going long.
Entry: - W (Double Bottom) Pattern formed at low of the day.
- Low of the day was created when candles closed above the 800 EMA, and pinned below. This...
Price rebounded from supply zone at level 0.9440 with strong bearish movement after forming false breakout
MACD shows bearish momentum
RSI is below level 50
It's expected for the continuation of bearish movement to target demand zone at level 0.9275
Hey, I am back with another idea, this time looking at minor AUD/CAD pair.
Strategy here is simple, buy the breakout of 0.94200 to 0.94800 = 60 pips.
A lot of bull signs on the chart, daily candlestick has broken 0.94000 but is still not closed. I will update on the smaller time frames, so stay tuned.
Make sure follow me, in order to not miss out on my trading...
price is again reaching one of our key resistances zones, and for that, and the expected short on EURUSD, this pair should go down as well.
check risk management, volatily is back baby
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
The market after a sharp rise took a break in a consolidation bull flag and now seem to continue the bull momentum.
If the price will manage to go over the structure we can look for a nice long order according to our strategy.
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Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in...
Welcome to our weekly trade setup ( AUDCAD )!
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1 HOUR
Very bullish price action.
4 HOUR
Prices closed above main sr level and are trading above it.
DAILY
Expecting some pressure shortly and a lift off.
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FOREX SWING
BUY AUDCAD
ENTRY LEVEL @ 0.93310
SL @ 0.92790
TP @ 0.94090
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different...
