AUDCAD - Nothing major on this one at the moment. Will be waiting for a break to the downside of the corrective structure, and support (yellow zone) before entering anything here.
This is what will happen with a huge probability, Please share with me your thoughts,
As per the analysis sent out yesterday, it looks like the price respected the green line as ceiling coming down to touch the orange trend line nearly touching the Ema 89, therefore Im hoping for the price to come all the way up to the next important level near 0.96085 . . . . . . Basándome en el análisis de ayer parece que el precio respeto la linea verde como...
HUGE potential drop incoming - I see 4HR and daily divergence as well as price reaching a key level Waiting for the dump
The Asian pairs have shown a strong recovery to pre-pandemic levels, with their primary partner China showing clear economic improvement signs, Australia and New Zealand are in a clear bullish trend. This pair has been trading bouncing from the 50 EMA, the reason why a long entry is placed to capture the next bounce from the FIb level 38,2 to ride a swing trade....
price in cup close above 0.94260 than it will move above we have second play in chart of Cup and handle Cup and Handle Scenario for now wait for confirmation
The pair has been trading sideways within a precise range recently close to the resistance level from the channel to continue its downward movement to the support level, allowing for a short entry for a pretty decent R:R The order: Type: sell-limit. S/L: 9 pips - R:R | 1:3 - T/P: target support level -- *** If you like the idea, don't be shy, click on like and...
This is my current view in weekly time frame. If you have a different view on this chart please let me know in the comment section. Please trade with care.
Waiting for price to breakout then its a big sell to the green area
Waiting for Trendline break / Support to be broken then we are looking for sells to the green area
The counter has made a strong move from the low of 0.80 handle to 0.93 handle in just 3 months. The move could be attributed to a 5-wave pattern and it is now in corrective mode. It has completed waves A and B is going to kickstart wave C. The resistance zone around 0.93 handle proves to be a tough nut for the pair despite trying to take it down thrice. It makes a...
Strong resistance Will it holds or not?
We are anticipating another sell from an AUD pair.. once price has broken this level we can sell all the way to the green area Price has tested this level a few times and been rejected but i believe next week we will see a break and we can start a sell AUDCAD - SELL SL - 0.93810 TP - 0.91564
The price structure is in a clear bearish bias, trading below the resistance trendline, shorting the pair by a sell-stop entry for the following setup The order: Type: sell-stop S/L: 24 pips - R:R | 1:2 T/P: aiming towards the next support level.