1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease 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...
We managed to see a 361.8% fib movement with a clean rejection and price is currently on a BEARISH momentum. I will be expecting a movement towards 1.618 fib level where there is also a support level @0.9606. I have identified this area as my demand zone. Looking at the daily candle, my confirmation candle has already triggered giving us a good short...
AUDCAD 4H timeframe analysis, i'm expecting it to sell first before buyingg.
AUDCAD HAS BEEN ON A NICE UPTREND WE MIGHT BEGIN TO CHANGE TREND MOMENTUM FROM HERE SHARE YOUR BIAS ALSO ON AUDCAD
i think AUDCAD rejecting the resistance, and it will go down
AUD - BEARISH 1️⃣ Sentiment for the Aussie cooled as iron ore futures fell more than 4% on Monday, declining from record highs after China’s steel producers pushed for a regulatory probe into recent skyrocketing prices. 2️⃣ Tensions between Australia and China also impacted investor sentiment, as Global Times noted that Beijing’s top economic planner has excluded...
- Bullish pressure exhausting - Break of structure causing new lower low - Price inside 4hour OB, with entry inside 1min OB
#AUDCAD I believe the price will continue its way down and reach the purple line for us to be able to win at least 27PIPS. . . . considero que el precio va a continuar su camino a la baja dándonos la oportunidad de hacer una pequeña venta buscando sacar unos de unos 27PIPS.
Hello Friends, Welcome to the technical analysis of AUDCAD. After the good impulse to the downside, the price got rejected from the previous support line; which is now acting as a resistance. I think AUDCAD is gonna continue dropping at least to 0.95970, based on my technical analysis. Thank you for your support. Please follow & like if you find this idea...
AUD has been unstoppable this week, which has made it impossible to sell this pair. We have wiped out the prior high again but we remain above significant structure so we cannot sell until the price clears that level marked. Personally, I am more inclined to sells but I will go with the flow and not get caught with a bias. I assume the majority of sentiment is...
4H - its been a week that ACAD is looking to form LH and we are at major zone where it could reject the heavy volume of buyer. Our first sign of sellers is on 15m. 15m-Double top + Breakout of the trendline + Break of structure making a LL. Right now waiting for the LL to LH move and take a short. Follow us for more ideas and setups. Sam
audcad is ready to change to the sell trend after rejecting the support line
Price is testing our first resistance at 0.95665, in line with our 50% Fibonacci extension, 76.4% Fibonacci retracement, and horizontal swing high resistance. It could potentially reverse from here and drop further to our first support at 0.95526, in line with our 100% Fibonacci extension, 50% Fibonacci retracement and horizontal swing low support. It is also...
AUDCAD broke the rising trend earlier, now creating lower highs and lows. On the 1 hour timeframe, a possibility of a double top can be clearly seen which gives a good signal for bearish traders if this level holds. On the daily timeframe, AUDCAD created a little crooked double bottom pattern and now is in a pullback phase. I expect AUDCAD to test around 0.94...
I have set a sell limit slightly above the body of the strong bearish candle, In hopes that price comes up to stop loss hunt 4HR swing traders. As they get stopped out, we get entered in. Volume is very slow this week and that is being reflected as indecision, hopefully things begin to pick up later on in the week.
As we transitioned to the month of December, price failed to breach a previous high at a structural level. Daily TF will be attached below, but we're seeing price continued to hold resisted. This particular recent level provided a rejection signal that price was unable to sustain when it attempted to trade higher. Bit of illiquidity going on as bids quickly...