AUDCAD BUY TRADE ON FIB PRICE REACHED 71.00% AREA
I would like to see a slight pullback to re-test the previous order block-level marked. The SL is protected by the daily ATR range and the TP is at a strong daily demand level. If we see price retrace slightly more I may consider setting a buy limit in hopes of getting a wick entry on this pair. The only thing that could be potentially detrimental to this idea is...
Check for the SHORT Entry then ride it down hard, like a rented mule!
-Respectable descending TL, retest expected -0.5 fib retracement -Previous S&R area -MA100 supporting the bearish momentum with further downside anticipated
Consolidating structure breakout, expecting a pullback to retest ascending TL in confluence to the 0.618 fib retracement and previous S&R area. Strong zone of confluence overall with the MA50 supporting the bearish momentum.
AudCad is having a complex correction and it is in the final leg i think, let's find out if we are true! AudCad kompleks bir duzeltmenin son ayaginda gorunmekte, dogru muyuz gorelim!
Market structure is slowly hitting our requirements for a short set up. It's on the watchlist 👀... If you like the Analysis feel free to drop a like and leave comment, we are grateful for all the love out there 🤍
- Failure to close above 4HR 200MA - Lower highs, lower lows - Pullback to 0.786 for better RR
I am sure about fall of AUDCAD . FOLLOW THIS SIGNAL OR DIE TRYING STOP LOSS AND TAKE PROFIT IS IN THE PICTURE. I AM NOT SHOWING MY STRATEGY HOW I ANALYZE CAUSE ITS ONLY FOR MY PAID USERS
Hello Traders, Here is the Top-Down Analysis of AUDCAD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Market reached resistance level that had pushed price way down last time, as expected price is now moving down. We can see W formation and expect drop to test the neck. W > Price made 3 attempts to break monthly resistance...
AUDCAD - SELL - 4H Resistance Analysis of the AUDCAD on 4H chart Here is the SELL trade setup for AUDCAD Sell @ Market Stop Loss @ 0.95791 Take Profit Option 1: @ 0.93908 3:1 reward-to-risk ratio Take Profit Option 2: Breakeven @ 0.93908 Hold for a continued move ------------------------------------------------------------------------------------ ⚠...
Let us wait for the complete formation and breakout then we attack this baby
AUD/CAD has hit a key level and is ready to go down from here. Furthermore, the price has formed a sharp reverse "V" pattern which indicates strong bearish power on this one.
as you can see we have a trend breakout and RSI shows us a good divergence too. We can see a major double top and a minor double top , price broke the minor neckline and reached the major neckline wich acts as support. I believe we have a pullback on broken neckline and then price going down step by step , our targets are : 0.93000 , 0.91000 & 0.90000.