AUD CAD PRICE - FLIGHT MODE ON TAKE A LONG, as shown in the picture, new york session will be break the yesterdays high level zone, follow for more live updates @FOREX_TRADER_007
We might be looking to go short on audcad since it failed to break above our ceiling
As we can see there is clear divergence on RSI and the price has broken previous lower high creating new higher highs so making an instant buy on AUDCAD keeping the previous lower high as SL and TP at 0.88774
The price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD made an impulse leg downward and went sideways. It retraced from the support level, forming a fake breakout. The market trend is bearish on the 4H timeframe. I expect a downward move from the resistance zone, where bears pushed the market to lower levels, creating an impulse leg....
AUDCAD is at a support level a nd likely to test the two levels above
This chart is trending in bullish trend as its printing LH and LL
Audcad has made a deep correction to retest the demand zone and is respected multiple times in the past and also testing the rising trendline. There is a high possibility of a bounce.
Weekly timeframe - Bullish market structure - Active fib (market structure + inner structure pattern with the fake-out) - Bullish supply and demand zone Daily timeframe - Bullish market structure - False break of the 100 fib level (currently trading back above) grabbing liquidity at our weekly supply and demand zone 4H timeframe - Inverse head and...
buy aud when it breaks and retest....nothing much to say ,patience is the key to a successful trade
This video showcases two custom TradingView indicators: Inflation Deflator & Make That Money. Random chart. Random start. Replay. I show how to best use these indicators and implement supply/demand zones for SL/TP.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to take liquidity above equal highs and to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
AUDCAD is in bearish trend and taking resistance at trendline, making HL's continuously.
4.34pm - 4.54pm learned many lessons today: -DO NOT MOVE THE STOP LOSS TO BREAKEVEN -really be careful about the POI ---> I would've avoided the loss losing day -2.3 pips (-1RR) - could've been a +1.5 pip (+1RR) day
AUDCAD price is approaching the Order Block area in the H1 Timeframe. We will make sales following the trendline. The decline in the Canadian dollar is quite strong, which will also increase our probability
Trade Type: Sell Limit Entry Level: 0.88151 Stop Loss: 0.88363 Take Profit: 0.8786 Risk-to-Reward Ratio: 1:1 Here are a few observations: Entry Level (0.88151): This is the level at which you intend to enter a sell limit order for the AUDCAD currency pair, anticipating a bearish move. Stop Loss (0.88363): The stop-loss level is set at 0.88363, which means that...