December was a strong month for Aud also against its Canadian counterpart and AudCad reached a top above 0.98 Now the pair broke under trend line support and confirmed this break. Yesterday we also have a lower high and I expect a correction from this pair once 0.98 support is broken. Sell rallies can be a good strategy
Hey traders, here is the analysis for the AUDCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Wait for a break of structure and confirmation before entering
Preconditions: - key level; - accumulation; - wait for grown; You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally...
AUDCAD 4H timeframe analysis, i'm expecting it to sell first before buyingg.
Accumulation in a wide range. there was a bear trap. Now I see an exit from the range. There is no hurry. we are waiting for the exit from the range. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
For the past 6 months or so, AudCad traded in a range between 0.97 and 0.93 (more or less). Now the pair just made the first leg down from the top of the range and I expect this drop to continue. Sell rallies is my strategy and 0.9520-0.9550 should provide a good sell zone. My outlook is bearish as long as the pair is under 0.9650 on a daily close bases
This is AUDCAD 4H timeframe analysis, i'm expecting the market to go to the downside for an retracement before it'll start the move to the upside.
Hi Traders, AUDCAD sell idea is explained in the picture. Good Luck
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