📊Australian dollar vs Canadian dollar analysis The analysis is based on Elliott waves in the medium term The market is in wave abc, which is currently expected to be at the price floor of wave b, and by maintaining the support of 0.88150, it can enter an ascending wave as wave c to the target of 0.89370.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
HTF Analysis LTW Entry If I have to be honest, its only the Monthly candle that's giving me an oversold bias to go long. I'm not sure about 3M, 6M or 12M We could see the W candle close less bearish because of the price hitting the daily S/R zone and showing a Bullish candle stick pattern. RR is always placed on the Daily. Entry is always on the 4H or...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 0.88700 which is a level that sits a pullback resistance. Take profit is at 0.87972 which is an overlap support that aligns...
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88500 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88500 support and resistance area. Trade safe, Joe.
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Traders, Let's delve into the key zones for AUD/CAD: We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again. Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones. Additionally, we'll increase our volume around the lower 1-hour...
Weekly look at AUDCAD. Everything I see is three wave overlapping patterns. There are 3 distinct channels visible that all fit the narrative of an ongoing corrective move that maybe a WXY. Currently, I believe that we are in a wave B of wave Y.
AUDCAD shows bullish momentum on all TFs 8hs and lower (I´m not looking at minute charts). However, it is in my opinion trapped in between two (evtl 3 channels) as part of a bigger WXY. AUDCAD could have already finished the wave B of Y but I´ll give it more room to the upside to the 61.8 or 78.6 fib retracement before it continues down again. Two thresholds need...
AUDCAD / 1D AUDCAD / 1D Hello Traders, welcome back to another market breakdown. AUDCAD has been trading inside a trading range with a bearish sentiment. Hence, I'm looking for short setups for the coming weeks. Checkout the chart for what kind of setup I would look to take. Trade safely, Trader leo.
✅AUD_CAD will soon retest The horizontal support Of 0.8827 from where I will be expecting A local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and the price will grow to around 0.89000. Good luck.
AUD/CAD is carving out a classic M-Top candle pattern at resisance so a break of the neckline at .8850 will be a confirmed SELL. M-Tops and W-Bottoms are proof that you don't need indicators to trade. Indicators obviously help and I use them - but you don't NEED them. You'll be a successful trader if you just traded M-Tops and W-Bottoms. These patterns are...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88265 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 0.88680 which is a level that sits above the100.0% Fibonacci projection level. Take profit is at 0.87745 which is a pullback...
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price took trendline liquidity and rejected from bearish order block + FIBO 0.786 level. Like, comment and subscribe to be in touch with my content!
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...