Here the upward sloping channel is indicative of the relative and ever increasing deterioration of the Royal Bank of Canada's balance sheet relative that of the Royal Bank of Australia's. - A significant and still increasing fiscal power versus new debt issuance capacity, advantage RBA. This unlikely to change anytime soon - i.e. for years if not more. Naturally...
Entry Sell-Stop , 0.95450 Stop-Loss, 0.95750 Target R1, 0.95150 R2, 0.94850 R3, 0.94550 SL-30pips Risk1%
$AUDCAD #AUDCAD BEARISH BAT SETUP
Entry Sell-Stop , 0.95450 Stop-Loss, 0.95750 Target R1, 0.95150 R2, 0.94850 R3, 0.94550 SL-30pips Risk1%
price break the resistance and flipped the resistance to support 1% is risky trade not good R:R so keep you position lower Good entry : 0.94350 Stop : 0.93 Stop : 0.9450 , 0.948 , 0.95 ,0.955
Price has pulled back to the trendline / resistance level, now we are looking to short
Welcome Back. Please support this idea with LIKE if you find it useful. *** It may head to the downside to retest the rising trend line, in case the trend is not broken, it will head to the upside and greater resistance will form than the previous one. *** Here is the full analysis for this pair, let me know in the comment section below if you have any...
AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9410 and the downward trend line just below that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support a few days ago and have since bounced. I remain a seller...
AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support yesterday and have since bounced. I remain a seller of...
- Touch of supply zone, expected move upwards to fill the demand zone - Uptrend formed, failing to break below to the next demand zone - Target placed at the demand zone - Stop loss placed below the supply zone.
AUD/CAD Daytrade-execution!! SHORT 27/OCT Market-Sell : 0.93930 Stop-loss : Close Break 0.94240 Target : 0.92100 note : Our chart is simple as possible to make it easier for you to see the chart. - This is an execution signal. you can enter the market now Good luck 👍
-The ideia here is to wait for a pullback into the 50% fib area in the 1h candle (around 0.93070). At that point, we can enter in a long position with at takeprofit at 0.9415 and SL 0.92795. -Since it will probabliy take a few hours, we can leave a buy limit around 0.93070 - For the more conservative people, you can wait for a confirmation candle. (Analysing...
AUDCAD Is gradually declining within a downward channel and we can see the slowing of bullish momentum around 0.96500 and started its downward journey. After some minor fall another rising channel was formed and its collapsed towards 0.94000 and managed to reach around 0.96000. For the past two days its in uptrend as the CAD is relatively weak against AUD AUDCAD...
AUDCAD is position at price @ 0.9634 for a bull run . This is a short term analysis. Overall, we should expect a pullback of price around @ 0.9642 and 0.9651 and if the price closes below @ 0.9651 then our move will be short to the downside with target price @ 0.9524 and @ 0.9516 I am bullish until the price reaches @ 0.9642 Good Luck Traders.
A rejection from the demand zone can give some bullish momentum to this pair. The price has not managed to break the current level forming a new high. We could expect the price to break above testing the previous support level (dotted blue line), and after a pullback, a long entry could be set to the pattern neck. The order: Type: buy-limit S/L: 18 pips - R:R |...