Take a close look at the chart. Price broke out of the trendline once and came back inside the trendline which makes it a failed trendline breakout. Thereafter, price broke out of the trendline again, pulled back, and gave a signal to go long take profit 1 at 0.98865 and take profit 2 at 0.98981. What do you think? Share your opinion in the comment...
Here is a confirmation of the idea I published on 16th February 2021. Take profit 1 and 2 smashed. Take a minute of your time to take a look at the post. Thank you for your support💓
AUDCAD has run into resistance on the Monthly, Weekly, Daily and 4hr timeframes. We saw a strong rejection on January's monthly candle close and we're now seeing a retest on the 4hr supply. We have a potential to take a short from here and aim for lower lows.
Price has reached an area of resistance after breaking out of a rising wedge. We had an impulsive move away from this area and then we correctively consolidated, forming a double top. We then saw momentum to the upside, grabbing orders above the consolidation area, highlighting the manipulation and liquidity grab. We then rejected the 70.5% Fib retracement as the...
#AUDCAD the price is right now on a great spot but I would wait just a little bit more before making an entry, since price has already reach the purple level I lets wait for a confirmation to see if it would continue its way down or if at the end continues the way up.
AUDCAD has broke the trendline and We need to see a pullback before a drop
It broke out of range, failing at 0.618 fib level. I'm looking for a downside move from here.
It's a mountain you're looking to climb briefly and toboggan all the way down. Sell the aussie-dollar.
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/CAD ⚪ Technical Analysis : Since the 2nd of February 2021, the price has been moving following a clear uptrend after it...
Price is currently in the support zone. I expect price to either breakout of the support zone upward or pullback to the demand zone to complete the double top M pattern. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy...
This supply zone (grey level) looks like a high probability trade. It is within a higher time frame supply zone (shaded pink area), which is most likely on the Daily. It is also has a lot of trading activity to the left in the grey area. This is why I marked the zone as grey. But it is worth the risk with half the usual position.
Let's wait and see if price will break the treadline into an uptrend or be a downtrend Let's wait and see what happens next What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Thank you for your support!💓
professionals increased short Aussie 2k by last week, Cad increasing long positions, mushroom shape formation for short position.
Hi Traders, This is our view on this cross for the next few days. #AUDCAD SELL NOW SL 0.97740 TP 0.97220 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Eventually, any updates will be given in the comment section...