We can see a W formation on the weekly chart and we can expect the market to go and test the neckline of W formation. AUDCAD is very bullish right now. So, we want to see AUDCAD reverse and make a retracement before continuing further. But, from the daily chart, we can see AUDCAD breaking the 0.95750 resistance level and making a higher high. So, not a good...
#100 sell range: 0.96411 Targets: 0.96221- 0.96031- 0.95841 Stop loss The first goal: the profit to loss ratio is 1: 1 (0.96601) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 0.96411(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
AUDCAD has been moving very correctively on the H4 timeframe and is starting lose its overall bullish momentum and a bearish reversal is on the cards now. We are currently at a daily level of resistance and if we start to see strong bearish price action coming into the market we could see a move lower as price finds support to continue in its bullish trend. If we...
AUDCAD The price is right now on a previous zone that has been used a selling zone, therefore I believe the price will make the same movement on the downside and reach the purple zone near 0.95058. . . . . El precio en este momento esta en una zona que ha sido usada previamente como una zona de ventas, es por esto que considero que el precio repetirá el mismo...
-Ascending TL, retest expected -0.5 fib retracement -Strong area of S&R -MA50 shifting momentum
AUDCAD Short Setup Harmonic pattern. Target only aim for 50.00% fibonacci retracement.
AUDCAD just hit a resistance line where we can take a short-term sell opportunity. Although the 4H chart created a double bottom pattern, we could catch a pullback which is a bullish pattern, we could catch a pullback. I don't normally use and trust indicator much but MACD is a well-performed indicator and has shown a short entry in the 1H timeframe. Please give...
SHORT OANDA:AUDCAD ENTRY: 0.95568 STOPLOSS: 0.95750 TP: 0.953380
This came up again to my original short position and has now made a double top, will be looking for this to fall now if we cant break above 0.9580
HELLO TEAM, HEAD AND SHOULDERS AS WEL AS A BREAK AND RETEST OF MARKET STRUCTURE.
Based on the recent performance of the CAD, and the weaknesses showed up on the AUD, we see a short term downtrend to touch the support
1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower increased to fill green. ...All upper, basis, lower decrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How...
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