AUDCAD is moving the confluence zone and fibo cluster levels. The market pushed the price above this level before. Price action is making lower lows and lower closes. It broke and closed below 0.89000, and it's pulling back again. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, we want to check the AUDCAD chart. The price has broken the downward channel and if the price pulls back to the specified key level, we expect this level to maintain the upward price trend. If the price increases, we expect it to grow around 0.88400. Good luck.
Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
RIsky Trade which is against the trend. Risk 0.5% TP1 = 1:5 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk...
Upon examination of the bearish channel formed a few months ago, there appears to be a flag pattern in the current price which could indicate a possible reversal. It is expected that prices will remain within a narrow range in the coming weeks. With this analysis, we can pursue scalping with a relatively low level of risk.
AUDCAD is moving the confluence zone and fibo cluster levels. The market bounced off this level before. Price action is making lower lows and lower closes. It broke and closed below 0.89000. We expect a trend continuation trade: breakout pullback and continuation. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
AUDCAD, I am expecting buy from 4H POI for minimum 100 pips and maximum 200 pips in one move.
H4 - Bullish trend pattern, currently it looks like a correction is happening. Price respected a strong support zone and is bouncing higher. Bullish hidden divergence followed by continuing bullish divergence. Until the two strong support zones hold my short term view remains bullish here.
Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD broke and closed below the support level that became resistance. The market is making low lows and lower closes in the descending channel. Price action is likely to move down from the kill zone. We expect a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD-CAD was going up After the pair made a rebound From the local bottom but The pair is still in the downtrend And is trading in a below The falling resistance So after the retest I think That a move down is Very likely !
AUDCAD is pulling back to the psychological level 0.90000 in the ascending channel. The market is making low lows and lower closes, indicating a bearish trend . Price action is likely to move down from the kill zone since we have a bearish trend . We expect a trend continuation trade. ------------------- Share your opinion in the comments and support the...
On the 4-hour chart the trend started on June 30 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.8947 But do not forget about SL = 0.8740 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
AUD is much stronger than CAD. I believe that AUDCAD pair will rise same as it was fall. Better to look buying opportunities on it.
Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
OANDA:AUDCAD RSI was in a long oversold and it has ended. The price has also reached a very important support level. The key points for the target are the 38%, 50%, 61.8% and 88% Fibonacci percentages. what's your opinion?
☑️Broke the structure on the 1H timeframe ☑️Lots of liquidity on the left side If we break down the red level on the 1H timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
Quick update on yesterday's idea as expected we got the quick drop down towards 0.875 and then the quick move up with my TRFX indicator giving the bullish signal. Please read related post on the detailed analysis