Price is currently trading within and continuing to form a decending widening wedge (which still hold even on the D1). I made a further analysis on the H4 and foound that price has formed a decending widening wedge too. We are currently nullish from a second resistance trrendline touch. I believe price will continue long until it gives us the third touch on the...
AUDCAD is bouncing back from the strong support zone - fake breakout occurs comparing with the recent previous support Like and Comment to support this idea.
audcad buy : 1)its going well with the pattern trend 2)ema lines gave a confirmation 3)nice naked candle formed for buy signal in 1d tf wait for the candle to touch the blue line then place a buy trade take profit : green line stop loss : red line
WHAT IS HAPPENING ON THE audcad? is price pulling back to retest structure and continue to fall or is it going bullish? LETS WAIT AND SEE. #AUDCAD
#AUDCAD-Long #MArket has shown a small pullback from a strong support level. So there is a good setup for buy with a very small sl.
AUDCAD is coming off a strong bearish move. Looking for price to reverse within the purple box and go bullish. If you look back previously in the market, price went from bearish to bullish in this area.
BUY: AUD / CAD SL @ 0.92100 TP @ 0.93600 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
We have the makings of a 5 count expanding triangle. The 5th count has been created. Price has begun to move away from our optimum entry point so if we get one more dip toward 0.92000 we could get lucky and go LONG with a small stop.
TRADING SUGGESTION: Now we looking to the market got reversal at the strong support zone,so take a strong buy trade.GOOD LUCK . . . . TAKE A TRADE,SIT BACK AND RELAX LIKE AND SHARE
My previously prediction is that price would go from bearish to bullish within the green killzone area. As you can see, the previous resistance level was never broken to confirm that price would reverse. I am currently waiting for a higher high, higher close to form and for price to break the current resistance level before entering.
AUDCAd Long Setup Continuation trade: 👉🏻 Looking for a impulsive Wave-iii to complete this major Wave-5 mentioned below Main Setup:
There are a few confluences that make the situation interesting with this pair. Confluences: 1. Price is over extended when price is over extended we can expect a retracement 2.We have the shoulder, head and_____ we can expect the completion of the head and shoulders. With the movement that we expecting the patter will be complete. 3. M formation We can...
We have HTF Descending structure, patiently waiting for this structure to complete and if we get a LTF Correction after the breakout for the entry.
AUDCAD Long Setup 👉🏻 EW potential Wave-4 forming triangle, wait for a pullback to Wave-E before a last impulsive wave.
Welcome back Traders, Investors, and Community! Hi Traders, AUDCAD on H1 has been making HHs and HLs. It also has broken above the Resistance line and retested it. Before going up it might go to around 0.93150 and then goes higher to 0.93470 ⬆️Buy now or Buy at 0.93150 ⭕️SL @ 0.93084 ✅TP1 @ 0.93470 ✅TP2 @ 0.93765 ✅TP3 @ 0.93937 We will have more FREE...