AUDCAD is trading in a descending channel. The market broke and closed below the support, which became resistance at 0.88500. Price action is likely to test the support level. We expect to test the lower border of the channel ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
At daily chart, price make a nice bearish channel pattern and already touch the resistance from the channel to. Confirmation already created by the price with the big red candle and still waiting for the other confirmation to take a trade on AUDCAD.
AUDCAD is trading in an ascending channel. The market broke and closed below the support, which became resistance. Price action is likely to test the support level. We expect to test bearish moves. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
🔰You can see the analysis of the Australian dollar to the Canadian dollar in the 30-minute time frame (AUDCAD_ 30min)🔍💣 💥Taking into account the price drop from the SUPPLY zone, if the price returns to this zone (supply zone), we can expect the price drop to the upward trend line (black🖤 color)🔻If the black upward trend line🖤 is broken and then the price...
AUDCAD is retracing to the resistance zone after sell off. Since the market is bearish , we look for selling opportunities. We expect a bounce-off from the recent resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD Downtrend confirm AUDCAD Downtrend confirm with Head and shoulder pattern it's time to go short (0.8941) Hourly Resistance broken
AUDCAD is currently moving in the descending channel. Price action is retracing to the resistance zone after sell off. Since the market is bearish, we look for selling opportunities. We expect a bounce-off from the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD-CAD went up and is now Retesting a resistance cluster Of the falling and horizontal Resistance levels at 0.89665 from where I am expecting a move down
AUD/CAD Sell... Dont risk more than 3% of ur account. * High risk...
Here is my view for AUDCAD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The AUD/CAD pair formed a head and shoulders top pattern with neckline breakdown earlier this month. This pattern is similar to the one seen in AUD/USD but shows a bit more room to the downside towards July 2022 lows. The RSI pointing southward and the MACD crossing the zero line indicate that some weakness could persist in the short term. From a monetary...
AUDCAD is testing support level. Price action created a double bottom with divergence. The market reached a lower border of the descending channel. We expect a bounce-off from the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD (D) long-term bearish market, currently the price has formed a head & shoulder which has broken to the downside with long rejection from the top with a Doji. It is a high probability that the price will continue to drop as the bulls are completely exhausted by creating a series of lower highs. Upon retest of the neckline of the head & shoulder on the lower...
AUDCAD moved out of the ascending channel. Price action is testing the support level. We expect a test of the resistance level since the overall trend is bullish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD (4H) long-term down trending market. Price currently has opened with a big weekend gap. It is a high probability that the price will drop as the long-term trend is down and price action supports a possible drop. Press the like button if you enjoy this content :)
market making lower high and then fall mean each high did not breach previous high. 15th August formed inside bar range confined within the previous bar range. supply zone for short 0.9055-80. stop loss above inside bar high i.e 0.9115. target: 0.8920
on the 1h timeframe we see bearish movement bec ascending channel brerak out and 0.618 retracement complate
Looking at AUDCAD on 30M timeframe Currently looking for long/buy position We currently waiting for signals of reversal whereby we will then execute the trade