Quick update on yesterday's idea as expected we got the quick drop down towards 0.875 and then the quick move up with my TRFX indicator giving the bullish signal.
Please read related post on the detailed analysis
AUD-CAD broke the
Resistance cluster of the
Falling and horizontal level of 0.896
And the breakout is confirmed
Because the 12H candle closed
Above the cluster so now
I am bullish biased
And I think that the pair
Will go higher up!
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.
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.
Here is my view for AUDCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
Hi fellow traders, AUDCAD has completed a larger WXYXZ flag correction. Look for a buy opportunity from the blue box in this smaller 3-wave correction. Target the resistance levels. Good luck and trade safe!
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...
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
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.
According to SMC , price reached an OB and OTE ...
We have a trade entry for long on AUD/CAD pair as following :
ENTRY @ 0.92798 (Direct entry with market open) ...
SL @ 0.92512
TP @ 0.93675
RRR : 1:3.07
GOOD LUCK GUYS ...
Here is my view for AUDCAD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
AUD/CAD :::
Various supports and resistances are located in this range. Waiting can be the best decision until the decision to take a position is made after the change.
Here is my view for AUDCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the AUDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
Looking for market to continue bullish and hit previous highs. There's a 4H FVG from 1/5/23 that price should respect before continuing higher.
(markups1)
