Dear Traders, Tonight due to news price took out the sell side liquidity, price rebounded from key level and currently looking at our price going up towards our target. Use proper risk management. Good Luck.
Bearish Trendline at 4-Hour Time Frame: AUDCAD has been following a bearish trendline in the 4-hour time frame, indicating a prevailing downward momentum in the market. Observation of Dow Theory: Additionally, the market has been adhering to the principles of Dow Theory, reinforcing the bearish sentiment. Retracement and Rejection: A retracement up to the...
In this video, we delve into a comprehensive technical analysis and trading concept for AUDCAD. Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to...
Hello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and we expect the identified resistance level, which the price has reacted to several times in the past, to stop the upward trend and the price to fall to around 0.89000. Good luck.
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Overview: AUD/CAD is nearing a critical resistance at 0.88450, suggesting a potential downward move. Key Levels: - Resistance: 0.88450 - Stop Loss: 0.88850 - Take Profit Targets: - TP-1: 0.88050 - TP-2: 0.87700 Analysis: - Bearish Bias: The probability of downward movement is high. - Entry: Consider short positions on a re-test of 0.88450. - Stop-Loss:...
AUDCAD made a sharp, bearish move and pulled back. It couldn't reach the highs. The market is making low lows and lower closes in the descending channel. Price action is likely to move down from the kill zone and complete the AB=CD pattern. We expect a trend-continuation trade since we have a bearish trend in the descending...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . AUDCAD long ! Great BUY opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
AUDCAD is currently pulling back to the broken ascending channel's border. The market is creating a potential H&S pattern following a breakout. Price action is likely to move down from the kill zone zone. We expect a sharp move from the resistance level at 0.88500. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
AUDCAD has shown extreme bullish price action, currently we are seeing some correction and price is likely to drop to our region and bounce straight up from that area of entry. Possible helping us gain 300-500 pips from the move. Use accurate stop loss and take profit.
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
AUDCAD rebounded multiple times from the psychological level of 0.89000. Price is trading above it. The market created a bullish flag pattern on the 4-hourly chart. It is consolidating, meaning the price is coiling up before extension. We anticipate the continuation of the current trend. ------------------- Share your opinion in the comments and support the...
AUDCAD rebounded from the resistance and 127.2% fibo extension levels. Price created an equal measured move, or AB=CD pattern. On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance. We expect the price to retest at least 32.8% of the fibo retracement level. ------------------- Share your opinion in the comments and...
Feb 26 Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . AUDCAD long ! Great BUY opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
AUDCAD created the selling opportunity at resistance at the 61.8% fibo level. Price action is making lower lows and lower closes, indicating bear dominance. The market is printing the bearish, engulfing candle, absorbing previous candles. We expect a continuation of trade and a test of the support level. ------------------- Share your opinion in the...
Hello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and the price will grow to around 0.89000. Good luck.
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
AUD-CAD was trading below The falling resistance But now we are seeing A bullish breakout so I am now locally bullish Bias and I think that we Will see a further move up!