The pair looking short for 150 Pips On the W1 we can see a double M The pair has already broken the apex of the M
continuation break of the major support in 1 hr triggered the sell entry
AUDCAD (15m) outlook looks bearish where we risk 6pips for 28 pips. Worth giving a trial Please like and comment. Follow please
This pair will continue its bearish movement, and then give a little pullback to the upper line of the bearish channel, and then continue to drop down even more
Good Morning Friends, Am taking a good look at AUDCAD (1H)🔥🔥🔥 AUDCAD price currently is playing inside a flat bottom triangle, and price is correcting/heading to touch the trendline from where seller will step in to push price down to 0.91043 area (lower bounds of our flat bottom triangle). MACD (1D) clearly indicates that sellers are still present and willing...
Hi everyone this is my trade set up for the AUD/CAD for the new week ahead AUD/CAD is still in a downtrend so i am expecting a pullback to the order block zones and will be looking for a sell trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk...
From my daily chart, note the S/R levels (zones) at 0.9340 and 0.9115. The preceding trend was bearish after which this pair has been moving in a sideways manner. When this happens, the higher probability is for the bearish price action to continue. We are quite close to the top of this consolidation zone thus providing the opportunity for a high R/R trade...
Hey traders, today we are monitoring AUDCAD for a selling opportunity around 0.9185 zone, once we will receive any bearish confirmation the trade will be executed. Trade Safe, Joe.
AUDCAD is making LH and LH .. one should look to sell it on strength Trade Plan Sell Level 1 0.92280 Sell Level 2 0.92475 Stoploss 0.92580 TP1 0.91870 TP2 1.91570
Price broke structure, came back to retest and shown very good rejection, I’m in 1% Risked
AUDCAD daily current leg is unclear but the swing and the intraday time frame is on a good short side
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Trade Plan Sell Level 1 0.92900 Sell Level 2 0.93050 Stoploss 0.93150 Target Price 1 0.92750 Target Price 2 0.92550 Tell us in comment what do you think of?
now the market price is just started taking retracement after the retracement the market is exepcted to go down and broke the structure
AUDCAD for short from 0.929 t.p1 0.926 t.p2 0.92 tp.3 0.914 s.l close 2 4h candel above 0.934
1. HTF: Broke above a downward trend, retesting support but could not break it. We are the HTF Support Zone also marked on the chart 2. LTF: We are currently on the SUPPLY ZONE, we should have a sell outlook
The bearish Crab harmonic pattern is completed, so by the divergences we can sell when the trendline is broke down.
The Bank of Canada is holding its monetary policy meeting next week, and inflation indicators support the hawkish attitude of the central bank. Recall that markets are now pricing in a rate hike in April. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍...