Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9204). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9204). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
4h Trend: Up Level: Support -price broke and close above resistance -waiting for price to retrace 60% fibo & support level Signal: Buy
This pair looks BULLISH in a the Longer time frames (W, D) but it seems to be struggling to break structure that confirms the bullish bias. There is a likely short term SELL opportunity that is currently present. The other option is to wait for the market to continue accumulation, break out of structure and then find an entry on a retest. Goodluck!
I think divergence is forming on this pair and a possible correction is an opportunity to buy for continuation to the next structural test currently price is at a medium term resistance if that is broken then the head and shoulder pattern will be completed some news to watch out though for next weeek so those can change the outlook OANDA:AUDCAD
W1 TF - reacting from Demand Zone D1 Direction Price range is too narrow. Need a strong breakout trend before setting any trades. NO trade.
For more detailed expert analysis on a daily basis, make sure you click the follow button after reading. Here we have our AUDCAD chart. Today this asset has fallen down are we are looking for lower TF price action before we start to go long. This is because price is falling hard and fast. TGT is noted by the directional arrow.
Canadian Australian. The general trend is bearish, but the (hostile) speculator can open a buy deal in the opposite direction, as the price is currently at a support level (the side of the channel) and is targeting the resistance (the ceiling of the channel). , hope you all a brilliant week end , stay safe
Buy: AUD / CAD SL @ 0.90000 TP @ 0.91000 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
OANDA:AUDCAD FX:AUDCAD Entry and Target Level as per written in chart. Please place trade at your own risk. Cheers!
Reject the bottom line institutional trend, statistics from AUD 07:30 retails sales was really great so it gives positivity on the AUD also we can't forget to follow.
As per the linked chart you can see the cycles involved. Now at the end of a 3 waves impulse cycle we can expect to see ABC back to 50%. We have Divergence on Weekly, daily and 4 hour. Convergence has validated the bullish and as long as we stay above the invalidation zone then we should be bullish for the mid term.
AUDCAD LONG - Buy Entry - H4 Chart Symbol: AUDCAD Timeframe: H4 Type: BUY Entry Price: 0.91648 - Buy @ Market Stop Loss: 0.91331 Take Profit: 0.92514 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.
We are looking for buy entry from solid support level with first target at the elite spot on H4 time frame.
Good morning. I decided to a video as there were 4x new trade setups on the Forex Daily time frame from my watch list. You can hear me talk about my thoughts on each setup or you can read my notes on the charts. Enjoy your day all. Cheers.
1) Heiken Ashi candle “closed” with no wick. 2) Gold line is above dotted line. 3) Green line is over red line | Stop-loss: Placed “just below” candle that just “closed” with no wick | Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no wick | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a wick (of any size) | Close...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9150). . 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...
". There is a possibility of temporary retracement to the suggested support line (0.9150). . 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 resistance. . The RSI...