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
I'm waiting for the red line support break. After that, expect the price to continue to drop. GG
-Dear Traders, As we have approcahed premium area we are expecting a strong bearish move to begin. Wait for today's candle to close and have a look in smaller timeframe before entering! -LIKE AND FOLLOW FOR MORE!!!
Dear Traders, we have an good selling opportunity that I think we should grab it with two hands. LIKE AND FOLLOW FOR MORE!!
Pair : AUDCAD ( Australian Dollar / Canadian Dollar ) Description : Bearish Channel in Long Time Frame as an Corrective Pattern Divergence Break of Structure , Break the S / R Level and Completed the Retracement Bullish Channel in Short Time Frame and Rejection from the Upper Trend Line Fibonacci Level - 61.80%
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.
Currency Pair : AUDCAD Possible direction : Bearish Technical Analysis : Price has formed a double top on the daily timeframe and broken out of this double top. Tested the previous support as resistance and rejected to the downside signaling possible trend change. As from daily price action, we see possible support turns resistance and highly likely price will...
At present, the bullish trend in the AUD/CAD currency pair appears to be strong and unrelenting. The market is approaching a supply zone with an inducement, which could potentially provide a good selling opportunity. The presence of gaps in the market supports this possibility. Despite the bullish trend, the I believe that it would be beneficial to wait for a dip...
aud is gaining strength while cad is weakening. This small price correction has ended and price is planning to move into new highs. I am going with the trend and wont be a risky long trade.
Hello Traders, Hope you all are doing good!! I expect AUDCAD to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. ...
AUDCAD is currently trading in an ascending channel. The market pulled back to the support level, which is the confluence zone . Notice, price action approached the level by printing small candles with deceleration, indicating that there's no strength. Price action is likely to pullback to the support level and go up if price makes a false...
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 MY IDEA ABOUT AUDCAD DON'T FORGET STOPLOSS AUDCAD Chart, Rate and Analysis AUD CAD | Australian Dollar Canadian Dollar
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.
1. Weekly/Daily - Uptrend 2. 4H - price broke above the key zone then retested 3. Entry pattern - 30M Engulfing Targets ; 0.93730 and 94738
AUDCAD is currently pulling back to the broken ascending channel's border. The market is creating a potential H&S pattern. Price action is likely to move down from the confluence zone: the resistance and the lower channel's border + 50% fibo. We expect a pullback from the resistance level . ------------------- Share your opinion in the comments and support...
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!