Just watch price. Analysis of AUDCAD. Price will react on FVG and watching it to go for buyside liquidity
entry: 0.89161 stop loss: 0.89340 take profit: 0.88790
The price action formed a Head and Shoulder Pattern indicating a bearish retracement before it continues upwards since it is generally in an uptrend. I am expecting to LONG at the minor zone and hold till above the resistance. Use Wise Risk Management
USDJPY idea short position analysis 1hr Pair : USDJPY Position : SHORT (SELL ) Entry1 : 147.000 STOP LOSS @ 147.300 TP 1 @ 146.7 TP 2@ 146.4 TP 3 @ open ( Trailing SL ) confirmations entry postion : 1-rejection
Break Of Structure, strong movement up I like this, I'm going long on the pullback to the demand
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDCAD is trading in descending channel and printing consistent LLs LHs. and it has also completed ABCD pattern at strong daily resistance level. Now buyers seems to be exhausted at resistance area and selling pressure seems to be activated. If the sell momentum continues the 1st target could be 0.8800 What you guys think of this idea?
Hello Traders, We have A Channel Zone. If The Price Breached The Trend Line, Take Entry While Retested and Looking For Bearish Momentum As Showing By The Path Tool. Please Note That The Only Purpose of The Information On This Page is Purely Educational. I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some...
AUDCAD rebounded from the resistance and 127.2% fibo extension levels. Price created an equal measured move, or AB=CD pattern. On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance. We expect the price to retest at least 32.8% of the fibo retracement level. ------------------- Share your opinion in the comments and...
The Audcad is obviously gaining traction upwards. After the impulse bullish move the previous week, it is currently going through some corrections and since it got to the monthly resistance, it tested by also rejecting on it. I expect it to retrace downward a bit and then continue its bullish drive upwards. Use wise Risk Management.
Waiting for a retest of 0.88904 to long AUDCAD back to Daily swing high at 0.90642 If you agree drop a like and if you have any questions leave a comment :)
AUDCAD Pair according to dow theory is making Higher Highs and lower highs. perfect time to take a long entery to mak profiy
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
AUDCAD Short on Monday reason Fib Rejection 0.618 and Cambist print a White dot on 1HR TF, Divergence also Bearish and Sentiment 94% Short.
- Convergence on both the H4 and daily chart - MACD, (higher timeframe) - Correction waves are forming (flat waves) - EMA 34/55 crossing, indicating bullish momentum PS: Please do your analysis at the same time.