If there will be confirmation on 50 FIB, than long is really on point so keep focus
😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Impulsive 🟢 Inducement: Done 🟢 Internal Structure: Also bullish 🟢 Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup 🟢 Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side 2️⃣ Pattern 🟢 CHART...
Analysis of the Australian dollar versus the Canadian dollar currency pair The analysis is based on Elliott waves in the daily and mid-term time frames By completing 5 rising waves, the market can enter correction and fall, and the medium-term target of this fall can be considered in the range of 0.87560. Note: It is important to maintain the resistance of 0.90000...
Analysis of the Australian dollar against the Canadian dollar in daily and medium-term time frames The market can enter correction and collapse by completing 5 ascending Elliott waves Important resistance 0.90000 Target 0.87566
AUD/CAD Seems to be forming a bearish flag after an upwards trend break. We have seen it testing the ~ 0.89 levels but a strong bullish reaction happened. I believe a retest on that zone is still doable.
AUDCAD has successfully executed a bullish breakout, breaching both the trendline and the formed triangle. Despite the presence of a bearish expanding channel, there is potential for a bullish reversal to the upside, supported by a well-confirmed breakout. Given the recent confirmation of the breakout, we anticipate a rally towards the most recent swing high on the pair.
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
If we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
Audcad sell nothing really to say everything is in the video!! lets see how this plays out london session *waiting on the huge melt down lol hope you guys enjoy1!
* *AUDCAD shor update price is making lower lows and lower highs . *Trade is going perfectfly as planned *
My analysis of AUDCAD shows that sellers are in control * AUDCAD is bearish
Audcad broke structure bullish before market close friday 1/5/24 so i got out of sells and follower price because i was expecting a daily pullback to the upside and rejction back to the downside. * Price is now showing us daily pull back and rejection as expected but faster than expect so i did what a trader is supposed to do ADAPT! ill keep you guys updated.
(Audcad long- and short-term analysis) I wanted to show you guys my whole thought process through Audcad so you guys can watch how this plays out. * as traders we cannot predict the market but we can take what its giving us and run with it.
Greetings Traders, In today's trading session, our focus is directed towards AUDCAD, where we are actively monitoring a potential buying opportunity around the 0.89000 zone. AUDCAD is currently entrenched in an uptrend, and the ongoing correction phase is bringing the currency pair closer to the critical 0.89000 support and resistance area. As AUDCAD traverses...
AUDCAD is making the same pattern over and over again if you train your eyes to see it, this happens very often in other pairs too if you just pay attention and look to the left. * Always have a strong hypothesis of why you're entering your trades
Hey guys! its your girl Forex Potatoe on the charts again and here is a breakdown of my analysis for AUDCAD. AUDCAD has been in a prolonged downtrend for a long time coming, Weekly and Daily Timeframe is currently in a downtrend with 4H in an uptrend. Since the longer term timeframe is downtrend and 4H in an uptrend(apparently having a pull back). We would be...
AUDCAD is exhibiting a strong adherence to the supply zone established on the hourly timeframe, suggesting the formation of a potential double top pattern. This pattern indicates a bearish inclination, signaling the likelihood of a corrective leg in the near future. It is essential to monitor the price action closely for confirmation of a significant trend...
Greetings Traders, In today's trading session, our focus is on AUDCAD as we actively monitor a potential buying opportunity around the 0.89600 zone. Operating within an uptrend, AUDCAD exhibits a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the critical 0.89600 support...