This Head and Shoulders Pattern counters my original trading bias. In case you doesn't get it, I'm having a buying bias on this AUDCAD, so the Head and Shoulders Pattern is like a kill-joy. I'll still trade the pattern once the market retest back to the level I am looking for. However, my overall bias on AUDCAD remains Bullish.
In a higher combination, one can expect the formation of a pattern with a black target in the range of 0.93869, which overlaps with a smaller pattern with 2 purple targets in the ranges of 0.94166 and 0.93479. The targets in the range of 0.94166 and 0.93479 of the smaller pattern are exactly at the intersection with the areas of the 1-hour pivot points. Area B...
In this video I am going through the trades I took last week.
BOS retrace Back Generate LQ Spot Demand waiting for LQ to be taken out and Tap into Demand zone to take ride to upside let see how move plays out
• If price corrects and a tight one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
-Dear Traders, As we have approcahed premium area we are expecting a strong bearish move to begin. Wait for today's candle to close and have a look in smaller timeframe before entering! -LIKE AND FOLLOW FOR MORE!!!
SMC in play. Price is currently headed towards the 1H POI where a demand zone is resting. This would cause price to change character from bearish to bullish.
Here is my view for AUDCAD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Trade is based off the 5m TF. We are getting a nice bounce with a wick/ Telling us buyers are stepping in. I like our set up here with a 1:2 R:R
AUDCAD sell Entry : 0.94825 Stop : 0.95520 , Target1 : 0.94130 , Target2 : 0.93435 Risk/Reward Ratio : 2
Firstly , the AUD has been on the bullish side with good fundamentals.. coming to technicals. price has been above the moving average which is a confluence, the most powerful confluence is me trend continuation strategy. It an 80% probability trade. hit me up and learn my concept
AUD (8 combined pairs) Trendline breakout, LL, S/R retest BEAR
The formation of a bearish harmonic pattern will cause this pair to drop...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDCAD. AUDCAD is at a strong resistance level now. And here this is getting a Good rejection. And in this rejection we can see price around 0.94 Soon. Keep in touch we will update further soon.
Pair: AUDCAD Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Short Type: Swing. Entry: Continuation Corrective Structures on the LTF's. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of...
THIS IS MY IDEA ABOUT AUDCAD DON'T FORGET STOPLOSS AUDCAD Chart, Rate and Analysis AUD CAD | Australian Dollar Canadian Dollar
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDCAD is overall bullish trading inside the red rising broadening wedge and channel in red, and it is currently approaching the upper red trendlines. Moreover, the zone 0.95 is a strong weekly resistance zone . So the highlighted purple circle is a strong area to look for...