Hello everyone, we have an opportunity to short this pair based on harmonics. For any questions leave a comment or DM me. Good Luck
AUDCAD other SHORT term view SHORT confirmation plan
AUDCAD Resistamce rejection SHORT term
Don't mind the title.. it was just a little fun and a laugh :) I've posted this privately several months ago and for the last week there has been crazy activities in the Aussie stock market. The recent rally and broke through the highest since 2015. Aussie dollars plummet last week and finally finding some grounds again I am seeing an alignment between AUDCAD,...
Setup Timeframe: 4H Execution Timeframe: 1H Risk: 2.91% Reward: 5.05% Reasons for entry: Showed rejection of the 61.8% fib, and it's below a broken bullish trendline , so bias is short. Reasons for SL placement: Above the broken TL. Reasons for TP placement: At the -0.27 fib extension level, may move down if trade goes good to capitalize more on the...
Expecting another 3-wave lower after the completion of the correction around 1.0233 - 1.0248 area.
If this .7480 bottom holds I think we have a trade back up.
Hello everyone, this setup is purely based on structure. We have a bearish flag which seems to have completed its C wave now i am looking to sell the breakdown of the channel for a trade all the way till the bottom. Look for a smaller timeframe flag in order to sell this pair Cheers
We SELL for the C-D Leg. TP1 @ 38.2% TP2 @ 61.8% TP3 @ 88.6%
Week commencing 27/03/2017 Traders Dynamic Index DTF very Bearish H4 Bearish H1 turning Bullish from oversold Structure Neutral Current outlook Bearish Trade idea SELL down to parity and see if support holds. 1.0086 triple support could be a buy.
Price is in PRZ, pattern is completing soon PRZ is at good resistance level based on daily chart RSI is about to hit overbought level R:R at 1.2 (TP1) and 2.2 (TP2) I will update when pattern completes. Might use H4 chart for entry.
I'm always wary of picking tops on AUDCAD.
Rejected most recent daily resistance. Could do a retrace into the marked area and continue to fall.
Price bounced from the sliding parallel of the median line and it looks like it will rally in the upcoming week. If it retraces to test the parallel a buy order will be waiting with sl an tp as shown at the chart
AUDCAD: Long idea! Support on the regression line on the M60 charts. I will open a BUY position @1.01575 with take profit @1.02185 (0.382 Fibonacci Level). Stoploss @1.011480!
BUY LEVEL : 0.95600 - 1. AB=CD PATTERN 2. BULLISH GARTLEY PATTERN. 3. WEEKLY LEVEL. - I am currently SHORT on AUDCAD, but I am still ready for the next LONG opportunity.