AUDCAD is making Double Bottom with bullish divergence on 4H time frame which indicate its a trend reversal
In already for a buy on this pair, hopefully it goes to my predicted direction ⬆️
AUDCAD is currently in a demand zone. The red dotted line is called risk trendline, waiting for the break of that downward risk trendline before executing in sounds like a solid plan. it's smart to be patient and let the market show you its ready to move away from the demand area. Plus, by waiting for the break, we are giving ourselves confirmation, which can help...
Price is to fall toward our bullish order block of 2152.46 a pullback support that aligns with the 61.8% Fibo retracement. A reverse from this point could lead the price to rise to 1st resistance at 2222.49. If price breaks below the pivot, it could fall to 1st support at 2145.13, a swing-low support level.
This is an analysis based on supply and demand. We have change of character and this means sellers are no longer in control, it will be a good idea to buy AUDCAD at the point of interest. Wait for rejection at the demand point of interest
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...
Based on AUDCAD H4 chart , Bullish Bat Pattern has formed. The wick of point C candle touched the candle body of point A. Advisable to wait for candle confirmation before engaging the trade Completion level : 0.87515
FX:AUDCAD This week, we observed a bullish run in AUDCAD. The price surged and reached its highest point at 0.89200, but couldn't maintain the momentum and dropped soon after. In order to test the strength of the trendline, I decided to sell at the highs, hoping that the support area would be tested during the decline. If the support area manages to hold, we...
An interesting idea to keep an on. I'm expecting market to BUY, given the conditions on HTF. Narrow down to LTF to find your precise entry. Risk small. Good Luck!
We updating last chart of AUD CAD, and adding one more position. I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
MARKET PHASE OANDA:AUDCAD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Potential Bullish Butterfly (Buy Limit Entry) Entry: 0.88059 (Buy Limit) SL: 0.87197 TP1: 0.89504 TP2: 0.96500 TF: 4 Hours Only Enter when it completes the butterfly.
Potential Bullish Butterfly Entry: 0.89504 (Cmp) Sl: 0.90500 Tp: 88059 Tf: 4 Hours
What do you think? LQP = Liquidity Pool Arrows = Liquidity Inducement POI = Point of Interest
We´re going to sell this asset at market price right now. The intention a 3 days movements down. Closing time: friday morning. blessings-
AUDCAD experienced a significant surge following the news. We are currently anticipating a correction. We have taken a long position, and if the price returns to the specified level, it will be a profitable trade. The trend has become evident, and we expect it to continue. Due to the surge in Australian gold, AUDCAD is also likely to rise.
Hello Friends! I hope it will touch the "0.89178" level then it can make some corrections. After her correction, it has more chances to touch the "0.90412" level. Do you have any questions, suggestions, or feedback? Then write a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation. …Thank you…