According to downtrend channel Price Action Fibo Ext Divergence on CCI
AUDCAD is in a long Bearish Trend . It Tends To create a New Higher Low but Seems like the zone is being proved more powerful preventing Price to go Up . A lot of consolidation also happened in the zone and now it seems price going down. It would be a Good 150 Pips Shorts Setup.
Already price has take rejection from red box area, highly probable that it will fall again.
AUDCAD is looking very bullish at the moment - as you can see from the chart, price is starting to break out of the descending channel It would need to create a higher high for confirmation of this move, which could happen by the end of this month
After almost the second day of the market, most of the empty spaces were filled Now we can look at audcad in descending order In the range I drew, we can wait for Sell's position, but with confirmation ... I will not enter lower timeframes without confirmation The meaning of confirmation in lower time frame is that, for example, in 15 minute time frame, it can...
#AUDCAD Market is continously rejecting from falling trendline. Again this time i am looking for Short move upto lower demand zone.
DAILY BAR TRADE This Trade Is Basad On The Daily Bar Bias In Thus Case / Asian - London - NY Trade For More Info On This Type Of Trade Look At
I believe this would be a great setup if we reach and reverse from the top of the channel with a nice 4hr bearish candle. Please leave a like and let me know what you think in the comments.
The scope of a very strong bearish momentum on the daily time frame and a reversal set-up (double top) within the major supply zone at C$0.92400 shares a confluence with the bearish trendline to signal a selling opportunity for us in the coming week(s). Tendency: Downtrend (Bearish) Structure: Supply & Demand | Trendline | Reversal pattern (Double...
Hello Tradersss :)) here we are just waiting for the price to touch the supply area at 0.92818 and I personally use price action as confirmation and don't forget to take care of your money management..:)) thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
audcad ready to big sell in trend are you ready d1 trend is bearish now time to continue in d1 trend h4 corrective complete
Hey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.92 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Selling back to the shown levels. 0.5% risk between 2 orders. AUD looks to be falling off at different rates against various currencies in the coming time. Stops above the zone shown here.
Hi Traders, AUDCAD has been making bullish continuations over again however it failed to continue its momentum higher as it made a reversal Impulse and then correctively moved within an ascending channel. As we know this type of channel shows a reversal is imminent and we are approaching a double top level to add confluence to this short position. Looking at...
Following the last update on this pair, we have seen more upside continuations. Price is forming a higher low around 0.91600. We had the first bounce of the level, so if we get a second bounce and not crack below it, I'll be following longs to continue the hourly trend to the upside. Uptrend, pullback/higher low formation, these confluences are key to taking our...
First approach is to confirm price rejection DOWN to Buy-zone. Next approach is to confirm price rejection to UPSIDE Targets. This idea supports previously shared idea with its updates at Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.