Seems, we have a good opportunity on 4H AUDCAD. Purples are main S/R zones, orange the inner one as first target.
This is my Viwe for AUD/CAD. This Pair formed a Head and Shoulders Pattern and tested the descending daily Trendline. Now i wait for a break and confirmation of the Neckline to enter a sell position. Trade carefully and manage your Trades properly. Good Trades, Daniel
If this week AUDCAD can form reversal candle pattern, it may give us an opportunity to short. The ideal place to long again is the yellow zone where it has Fib ratio of the ABC structure as well as the support in red line. * This is my personal homework only, not an recommendation.
A bearish cypher heading towards D completion. SL above D and aiming for 2 targets. First at 38.2 of fibo C-D and second based on structure and bullish trendline. Once we reach the green-marked zone below I will go bullish on this one with target 1.00500
AUDCAD in H4 broke the upper trendline start on June. I'd like to try a short trade entering at 0.99100 with a SL at 0.99500 and a TP at 0.982 on the 38,2% Fibonacci retr.
By looking AUDCAD in TF 15 minit , price struggle to climb toward 0.9985 - 0.987 . In this case , I prefer to short at those range ( 0.9985-0.987 ) and hold until 0.98 . My view is my risk TQ
Dear Community, we have had AUDCAD on our radar for quite some time and were hoping to get a positive test of teh weekly resistance followed by a reversal candle. As it stands on both, the weekly as well as the daily chart, the pair will dip into a correction, which brings up multiple possible scenarios: 1) Dip into the intermediate target zone, followed by...
Good morning people. A cypher in the forming. So far the ratios are keeping good. If the price reaches the plotted signature. then it should keep up with the short. Good luck. Regards, Hearty
FX:AUDCAD Safe Trades;
AUDCAD short setup (potential cypher pattern)