The main trend is downwards. A big sell-off at the previous support now resistance. waiting price to touch the %50 retracements of the order block candle. Expecting a huge RR if my analysis is right.
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audcad buy : 1)its going well with the pattern trend 2)ema lines gave a confirmation 3)nice naked candle formed for buy signal in 1d tf wait for the candle to touch the blue line then place a buy trade take profit : green line stop loss : red line
WHAT IS HAPPENING ON THE audcad? is price pulling back to retest structure and continue to fall or is it going bullish? LETS WAIT AND SEE. #AUDCAD
H4 time frame. Structure: Downtrend with Simple Flat. Pattern: Simple Flat reject resistance at 0.94000. Key level at 0.93000. Wait for break key level for the pattern to complete. Then wait for set up to sell. ------------------------------------------------------------------------- Wish you all have a good trading day!
". There is still a possibility of temporary retracement to the suggested resistance line (0.9305). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
". There is still a possibility of temporary retracement to the suggested resistance line (0.9305). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
entry where the selling volume slows down, stop above resistance area trading a range, simple stuff i think - if it gets rejected less than half way down ill take profit
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖ IMPORTANT INFORMATION:📌 - ORDER FLOW : BEARISH * LSB: breaker retest * PROJECTED TP : * PROJECTED SL: Hi master traders! welcome to another trade idea with Genius Chart. If you like what you see and it helps you ,please support our work by writing a comment and SMASHING that like button! 👍🏾 its us...
This analysis has touched stop loss in a past but i saw recently the oportunity to sell. So, let´s go! Do Your own analysis please this is only practice.
my main entry strategy BROKEN & RETESTED TREND LINE. just for testing ORDER BLOCK STRATEGY. will see how its going to play out.
looking at AUDCAD, forgot to tell you that entered this short. Price was not to far from entry so you can still call it live and active (no hindsight)
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Price is facing bearish pressure as it continues to hold below the descending trendline and Ichimoku cloud resistances, in line with our bearish bias. We could potentially see a reversal at 1st resistance, in line with 78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance and descending trendline resistance, and further downside...