AUDCAD - BUY (by Ellalan) (E11) BY Ellalan
Daily supply above, enter on sell stop below current zone
Oil has taken a beating recently, so the CAD has suffered a tad. I am long AUDCAD until oil starts to make a recover (seems like it wants to starting now, make no mistake oil WILL come up again, it's just a matter of when) - So I am long AUDCAD until oil starts to turn around. Target 1.017 - Stop Loss - 1.01
CAD bulls are still working to break below the neckline. A retest of the right shoulder is appropriate not necessary.
Hey Guys, We may have Blue or Red: Blue: More downtrend. Red: One more up and then have an ABC correction to sell. Watch for these moves! - Hola Chicos, Tendremos camino Azul o Rojo: Azul: Continuación de la tendencia. Rojo: Un movimiento más arriba para hacer una corrección ABC y después caer. Estad al tanto! Carlos
We SELL for the C-D Leg. TP1 @ 38.2% TP2 @ 61.8% TP3 @ 88.6%
FIRST LONG & LATER SHORT. 80 PIPS UP & 100 PIPS DOWN. We buy this pair at current level and book profits +80. Once the price reached 1.0350, we sell it and book profit @ 1.0150 We will share further analysis on lower time frame charts to elaborate the idea.
As you see guys, looks like AUDCAD making an AB=CD that may complete at major resistance zone. Looking for a possible down move at that level.
Hi guys, this evening i want to bring your attention on this scenario on AUDCAD. As you can see on the left hand side of your screen, price is now testing a key resistance zone on the daily timeframe. Also, it has created two different ab=cd patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level. RSI is in...
Hi guys, this evening i want to bring your attention on this scenario on AUDCAD. As you can see on the left hand side of your screen, price is now testing a key resistance zone on the daily timeframe. Also, it has created two different ab=cd patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level. RSI is in...
This one is pretty interesting. I will definitely look into selling the pullback or buying the breakout later in the upcoming weeks.
Currently retracing from 1.07 on 18/03/13 This pair has touched the 23.6 retrace twice since 14/04/2014. Both times it has failed to break. A clear rejection sign at this point (hopefully around the start of April), will be an excellent short opportunity till at least 1.0125.
dont trade in the white zone Just my view of the market. Not a Financial advice
This is The Best Setup Ever. C leg is extremely streched shows bearish pressure.Any short trade cannot be better than this one. Best of luck Muze (aud/cad)
Hey guys, i bring to your attention this kind of harmonic pattern that's completing right now on this chart, it is called Gartley. Its completion point D is right around the corner. Orders set. Stops above X, targets at the .382 and .618 of the AD leg. Feel free to write below for any matter. Otherwise, see you in the next chart!