Lots of positivity after a strong wave.. seems to be a change of direction Waiting for a small correction We expect it to continue to rise
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AUDCAD has reached the weekly support level. As you can see on the chart, this level has already worked out as a resistance level. The level is very strong. The nearest target is 0.9300, then 0.9650
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
The Price move near the key level support, and the falling wedge perform, let's take a look for a view days if the price can push through the trend line, then we have an opportunity for buy entry.
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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...
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#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.
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.
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
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
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 has reach major support line and ready to grow up
AUD/CAD Signal Market Buy: 0,92960 Stop-Loss: 0,92360 Target 1: 0,93500 Target 2: 0,94480 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 2,53
Double bottom spotted in the 4H chart which is a good bias for a short term Buy. Overall trend remains bearish... will be looking for a sell if market breaks the support line.