AUDCAD moved out of the descending channel . The market failed to make a higher high at the psychological level of 0.8800. Price action is likely to test the recent support level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders! ‼️ This is my analysis on AUDCAD . Here we are in a bearish market structure, but we can see that price rejected perfectly from institutional big figure 0.86000, so I expect a retracement till the resistance level. Like, comment and subscribe to be in touch with my content!
AUDCAD SELL entry 0.86800 TP1 0.86000 (80pips) TP2 0.84950 (185pips) SL 0.87350 (55pips) *SMC*
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.
In audcad we see price was in clear range area from last some days and cosolidate this zone and now price break this area of accumulation phase to upside and on 4h candle close bullish above the zone and range this show the clear break out of market structure and now price restest this resistance now as a support so here we have a good entry for long if price ...
AUDCAD moved out of the descending channel . The market failed to make a lower low at the psychological level of 0.8600. We can see a classic accumilation-expansion pattern. Price action is likely to test the recent resistance level . --------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD moved out of the descending channel. The market failed to make a lower low at the psychological level of 0.8600. We can see a classic accumilation-expansion pattern. Price action is likely to test the recent resistance level. --------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
Waiting for another retest of 0.88171 to short AUDCAD back to Monthly support target at 0.86311 If you agree drop alike and if you have any questions drop a comment :)
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.
AUDCAD is trading in a descending channel. Price action is likely to test the upper border of the descending channel. We expect to move down from the resistance if price tests it. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find a 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.
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.
AUDCAD is trading in a descending channel. The market broke and closed below the support, which became resistance at 0.88500. Price action is likely to test the support level. We expect to test the lower border of the channel ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Trend breakout, and retest to down trendline so plunge STRONG SELL sl narrow.
Waiting for price to retest 0.89161 or 0.89601to short AUDCAD back down to weekly swing lows at 0.87310. If you agree drop a like and if you have any questions leave a comment :)