Pair touching resistance and Bearish Divergence forming in 4H and 1H time frame. Feel free to give a feedback. New trader trying to learn.
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AUDCAD - SHORT TERM in day -Touch the RESISTANCE 4 times, Now CAD to be stronger than because OPEC - OIL gona be UPTREND which means CAD could be support
Any corrective structure right now will continue with an up impulse wav, if AUD/CAD will give another down impulse I'm flat
In AUDCAD we can see price rallied and now pause near strong resistance and trendline also 200EMA in 4h chart so here you can see when market open on monday after breakout of friday lows you can entr short position your SL above previous week high above reistance 200ema and i mentioned the profit targets.
Hello traders, Everything is clear on the chart for you like always. A fall is expected from this level to the support line as our target. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me
AUD/CAD Signal Market Sell: 0.92030 Stop-Loss: 0.92650 Target 1: 0.91400 Target 2: 0.89830 Stop-Loss: 62 pips Risk: 0,5% Risk-Reward: 3,54
AUDCAD has reached the weekly support level. As you can see on the chart, this level has already worked out as a resistance level. The level is very strong. The nearest target is 0.9300, then 0.9650
A good breakout and good position for sell. there was a breakout that came back to continue sell.
1.The Daily Chart has a falling wedge reversal pattern 2. Price failed to make a new low and is moving up right now on the hour 1 chart. 3. Price found support at a area where price has turned before in the past. 4. Price is oversold on all oscillators and the RSI.
AUDCAD is moving in a descending channel after making the lower high of the channel. The trend is now moving towards the lower low of the channel.
so what do we have on the 4 hour chat? will price retrace and continue to the down site or it will break the four hour trend line ? i'm with the bears on this one
AUDCAD Breaking Wedge in Downtrend indicating continuation of downtrend. Go Short with SL.
after creating head & shoulder pattern now price brake down thru neck line. entry will place retest of neck line
AUDCAD broke below strong monthly resistance, and has now retested leaving a bearish pinbar. Price may go to test previous low before continuing downwards
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#AUDCAD Price is trading the supply zone and we got shooting star candlestick formed and the price close below the candlestick its possible to moving next support level 0.92456 Why we like it: price trading supply zone shooting star Candlestick Formation Watch the next candlestick close 1st Resistance: 0.92834 Next supply area & horizontal swing high...