#audcad, 4th July daily bar is inside bar range confined within the previous bar range. 5th July coiled bar broker inside bar high closed on the high. both bars are dictating strength ahead. 0.9030, 0.9055 and 0.9090 are resistance levels ahead. my view long for target 0.9050.
Bullish engulfing candle has been spotted on the 1 hour chart. A RR ratio of 2:1 is set for this trade.
If I'm right, i still expect 0.884 to hold. My 2 cents
$AUD/CAD is traded very bearish since the 16th of the past month , the price moved down from the highest high at 0.9135 to the current lowest low and our demand zone at 0.8760 , failing to break under it and to continue it's bearish run down to the under price levels , the price showed some strength by breaking above 0.8848 ( a strong resistance ) , so if we get a...
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.
AUDCAD took support on it's trendline on D1 chart which is lower low. I believe it will go upside from the current market price.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8874). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8874). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Strong bullish candle at break of structure HH HL Formation WAIT FOR ANOTHER HL AND CHECK THE CANDLE ACCORDINGLY
Audcad technicalanalysics + long term Elliotwaveanalysics Supplyanddemand Wychoff All are involve.
#AUDCAD H2 According to my Setup Market need to break this bearish channel, then AUDCAD is Moving Up in This Week.
AUDCAD has been in bearish pressure, making lower highs and lower lows. The price is approaching the falling resistance trendline to define another lower high. We are expecting the price to continue its momentum in the same direction. One can change its bias for long above 0.89800 level. Trade your levels accordingly.
hi everyone, looking at the indicator MACD and Rsi, the price is showing end of bearish divergence - and starting of bullish cycle, the price may pull back a little and then take off, for long term it'll probably go above 200ma.. get lowest as possible and enjoy the profit... good luck..
Pair approached support, liquidity grab expected before push up.
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:AUDCAD We can see a market tested its resistence area in...
whilst ACad htf remains bearish it seems to be catching a bid under the 90 area. Will be looking for buys to 1st tp at 92.