AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 0.88700 which is a level that sits a pullback resistance.
Take profit is at 0.87972 which is an overlap support that aligns...
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** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88265 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level.
Stop loss is at 0.88680 which is a level that sits above the100.0% Fibonacci projection level.
Take profit is at 0.87745 which is a pullback...
Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
AUDCAD is currently at a level of support on higher time frames so just to keep this short and simple im just looking for a bounce because i feel that the weekly time frame has to pull back after the strong bearish move down. market still has a strong chance of continuing its bearish trend but i decided to play the pull back if it plays out.
*AUDCAD/BUY
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88129 which is a pullback resistance that aligns close to a confluence of Fibonacci levels i.e. the 23.6% and 78.6% retracement levels.
Stop loss is at 0.88550 which is a level that sits above a pullback resistance.
Take profit is at...
EUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the...
AUDCAD is rising towards pullback resistance and could potentially break off this level and rise higher.
Buy entry is at 0.88127 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.87586 which is a level that sits above the swing-low support.
Take profit is at 0.88976 which is an overlap resistance...
USD/JPY Long
• If price impulses up above our area of interest on the one hour chart, then I'll be waiting for a subsequent tight two touch fifteen minute flag to form and then I'll filter the latter on the five minute chart and be looking to get long with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's...
Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Lesson 5 - The Importance of Confluence
This video explains what is confluence in trading, identifies confluence structural elements and provides guidance on how to put all the pieces of the puzzle together to increase trading success rate.
Audcad sell
nothing really to say everything is in the video!!
lets see how this plays out london session
*waiting on the huge melt down lol hope you guys enjoy1!
Audcad broke structure bullish before market close friday 1/5/24 so i got out of sells and follower price because i was expecting a daily pullback to the upside and rejction back to the downside.
* Price is now showing us daily pull back and rejection as expected but faster than expect so i did what a trader is supposed to do ADAPT! ill keep you guys updated.
