AUDCAD instrument shows a bearish trend with a double top reversal pattern and the bearish divergence. Take a sell entry at double top neckline with a stop loss at the top with 3 pips above. TP1 and TP2 are placed with 2 trade entries at the risk to reward ratio of 1:2.
Hi TRADERS this is my trade set up for the AUD/CAD AUD/CAD Is coming in to a area of interest, we have a nice rejection zone, looking for sell only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please like...
Am looking for Aud/Cad sell entry as it met my rules. 1) EHs 2) SR 3) BOS (Clean BOS no pullback between SR and BOS) 4) Entry on Open of last bull candle that causes SR.
Pair name - AUDCAD Action - SELL/SHORT ENTRY - 0.9429 TP - 0.9310 SL - 0.9510 TRADE STATUS - OPEN
PRICE IS AT RESISTANCE #1 (0.94000), ITS ALSO CONSOLIDATING JUST AT RESISTANCE THAT COULD BE AN INDICATION PRICE CAN REVERSE. IT POSSIBLY CAN SELL OFF TO SUPPORT #1 (0.91500).
Technical analysis indicating a trend reversal . Sell after confirming BB, EMA and once market reaches trend line Keep trading
0.895 could be a very good level for #AUDCAD to start a retracement that will end at 0.904. Then it will decide if going back to 0.914 or keeping the short breaking the trendline.