SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDCAD have been trading within a muli-session bearish channel, Since this market broke out past week so i am expecting it to continue its downside possibly approaching the prior lows around 0.9500 -0.9450 area. Momentum all across the board is well lined up, watch this market for a break out as mentioned on the chart.
Trade Safe!
Thanks for your support.
AUDCAD broke out last week, current price action seems to be forming a higher low to then start of fresh falls, since overall momentum is quite weak on this market when looking across bigger picture. Keep watching this market for a possible shorts ahead.
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AUDCAD. AUD has not fallen against CAD while it has fallen against other currencies.
It is currently weak. We can expect a short sell 100 more pips if the 0.97 level stays unbroken.
*Let the 4H candle close and if it closes with a tick at least half the size of its body then we're good for a sell.
Happy trading.
Possible short trade in the next few days.
First target: 0.96500
Second target: 0.95500
We might see a pullback from the first profit target to the resistance level of 0.97700.
Goodluck trading and follow me for more analysis!
AUDCAD Hits the monthly support line. wait for the confirmation before going long. but it can go either way if it bounces back it will go up or it may break that support line as well and go to the downside.
AUDCAD is getting close to a reversal now.
this has now hit the resistance previously
established. waiting for the reversal to
come in.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
the AUDCAD structure on this still supports an uptrend
wait for a reversal then enter long. note the support
level and resistance i have put as guide.
SEE ALL OUR PREVIOUS ANALYSIS BELOW
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
AUDCAD Long the structure pull back
Broke Neckline and formed a cup and handle.
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight into my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
Thank you for support and likes. Feel free to comment below.
All my trades are done in cycles, I look to see what is about to happen based on the S&R. I am bullish up to the trading range above, and for the price to hit that bottom of the range, but I execute on micro time scales (4hr 1hr 30 etc) with macro S&R (2month, month, bi weekly, weekly) I wait for price to hit these key levels and wait for price action signals to...
