The shooting star candlestick made a huge liquidity piercing and dragged the price down to mitigate the inner demand zone which pushed made a contraction that respected the breaker. The breaker block led price to decline even more to break the structure and create divergence. The divergence pushed up and mitigated the supply zone to give us the stunning...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The market has taken a pause and is ready for the bearish continuation. Bearish flag is formed with no divergence confirming the trend continuation.
The market has taken a pause and is ready for the bearish continuation. Bearish flag is formed with no divergence confirming the trend continuation.
AUDCAD is currently pulling back to the broken ascending channel's border. The market is creating a potential H&S pattern following a double top formation. Price action is likely to move down from the confluence zone.. We expect a pullback from the resistance level . ------------------- Share your opinion in the comments and support the idea with like....
I am looking to short AudCad as it is touching the trend line for the3rd time and it is at a strong resistance/support zone. My setup will be invalid if it continues to go up and breaks the next above resistance
Price has made a bearish divergence. The price had broke the neckline and it will continue now as a bearish trend . Rising Wedge breakout has formed as a clear indicator of trend reversal.
AUDCAD is testing the support level of 0.91500 . The market pulled back to the support level, which is the kill zone: support + 50% fibo. If price action creates a double bottom, it is going to be double confirmation. Price action is likely to retest the resistance level. ------------------- Share your opinion in the comments and support the idea with...
Alright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal...
Bearish channel Candle confirmed Next possible moves
AUD-CAD broke out of the falling Narrowing wedge pattern So we are locally bullish biased And I think that after the pullback and retest We will see a move up towards the target above
Price has formed significant equal lows near a key psychological level. I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again. If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside. I like the look of this and will keep my eye...
AUDCAD rebounded from kill zone at 0.91500. Price action is likely to move down from the kill zone: the resistance + 61.8% fibo and bearish harmonic pattern . We expect a pullback from the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD long. I think price will follow the path described on the chart. This is for educational purposes only and should not be considered financial advice.
I'm waiting for the red line support break. After that, expect the price to continue to drop. GG
Looks Promising for Bullish Move forming falling wedge in h4 timeframe expecting upside breakout incase of breakout expecting 220 to 240 pips bullish move
We had a divergence which gave us the 0.90417 low and also a potential demand zone, price changed its character and pushed to the order block and got rejected. With this second retest I’m place, how the market reacts to this will determine whether price will drop to the demand zone or persistently push up to the supply zone, here we observe and see how it plays out…