AUDCAD HAS BROKEN OUT OF ITS MINOR ASCENDING CHANNEL (BLUE), WE JUST WAS A RETEST WHICH WAS ALSO THE TOP OF THE DESCENDING CHANNEL (BLACK) INDICATING A SELL. THE PINK HIGHLIGHTED RECTANGLE IS OUR TARGET
See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
AUDCAD DAILY - price has been moving in a large descending channel marked out in blue. Price hit the top of the channel and on its way down it has formed another descending channel marked out in black.Zones have been marked out for you, have fun trading, CREATE A PLAN AND TRADE THE PLAN We could see a move down to the pink highlighted rectangle if price stays...
1. This currency pair has formed a volume divergence and the price will have difficulty falling -------------------------------------------------- -------------------------------------------------- ---- 2. AUDCAD needs to once again go down to Fibonacci retracement at least at level 0.618 to fill up the power before finally going up...
Hi Traders, The AUDCAD has been carving a potential double ZigZag with flat X-wave after a strong five-wave bullish impulse. . The price seems to be making a bearish impulse which is most likely wave (c) of Y and could signal the resumption of the bullish trend after the completion. . Considering, that the price has broken the corrective structure (b) of Y, the...
TRY NOT TO MISS THIS ONE LOOKING GOOD. I AM EXPECTING THE BEARS TO TAKE OVER. MACD, IS SETTING UP A NICE CONFLUENCE ALSO, AND BREAKING THE TREND LINE WOULD MORE THAN NOT DROP DOWN See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Watch out for this, and dont miss it if it breaks out See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Good Afternoon Traders, ForexFargo checking back in. Today, our analysis is a continue of our previous post regarding AUDCAD falling down. As price approaches our Support Level of 0.94500, I see an opportunity to buy this pair as it has been in Heavy Consolidation between support and resistance weekly levels. My resistance level is set for 0.95750. I am...
AUD/CAD is currently weak and is unable to push back up. As long as it's able to hold under the 4H 50 EMA, the bearish move down is a go. Trade safe.
Hi traders, this is my short setup for AUDCAD for the next week. Don´t forget AUDCAD is the most ranging and consolidating pair in the forex market. I wish you a good trading week. Stefan Forex
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
We can see that it has broken the ascending trendline and is now consolidating. it has since retraced back to the trendline nad rejected it. I am hoping it will give us a good break of the support level abd continue downwards. If it gives a clear break we can look for a sell setup
follow the onscreen instruction on how to trade this. it should give you some good opportunities if traded well. like, follow and comment.