Here is my view for AUDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Price has made a bearish divergence. The price had broke the neckline and it will continue now as a bearish trend . Rising Wedge breakout has formed as a clear indicator of trend reversal.
-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!!!
Hello traders, what we are going to look at today is the OANDA:AUDCAD currency pair.
If you look at the hourly chart of this pair, now there are opportunities to short sell it. But there is a little more up move to come. It has two short entries. My first entry is at 93100 and another entry is at 93600. As far as my eyes can see it is better to short 93600...
**My trades are 10R+ thats why I never risk more than 0.5% of me account for a trade.**
Waiting for this break to confirmed re-Distribution (1)
If we dont get break , I am almost sure that she is gonna sweep these hi's (2)
they need to mitigaate the news candles here, Potantial Distribution (3)
If break confirmed my limit will be here (4)
Limit already on here (6)
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...
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.
...
AUD/CAD :::
Various supports and resistances are located in this range. Waiting can be the best decision until the decision to take a position is made after the change.
AUD/CAD :::
The price has been moving in the lower part of the channel for some time and the middle line has been the resistance of this movement
And now the resistance has been broken, we can expect the price to move above the middle line for a while ,
And it will definitely have downward corrective movements .
