- 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.
Looking on the 4hr timeframe, we can see the pair trading around a major resistance level. This is the first time that price has tested this region since it formed on the 24th Jan 2024. The bias is mixed on this pair and it does have the ability to retrace much higher. Retail trader sentiment Platforms like DailyFX and IG report a majority of retail...
Price may possibly go bullish tomorrow as price is seen trading around 0.89100. This. ZOne is likely to provide a bullish breakout opportunity Target is swing high 0.90610
Still have a bearish bias, still retesting previous level of support with 2 rejection candles
Feb 26 Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . AUDCAD long ! Great BUY opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
It is based on indicators, on H4 and daily S/R. It is no financial advice. I am not a profi.
OANDA:AUDCAD A short position can be taken on the specified levels There is no position before reaching the surface
bullish flag 4 hr. TIME FRAME daily bullish buy at retesting of support tp stop loss as mentioned in charts good luck
The price perfectly fulfills my last idea. The market moved up from support and hit the target. The market has tested the support level and rebounded from it, forming a double bottom. The price broke out of the downward channel. The market is heading toward a resistance zone. I think if the market pulls back and rejects the support level and trendline, then we can...
Price is inside the dense demand supply level and has already tested the demand-support level, which gives us hope of increasing to the supply area which is our minor resistance. Let's go Babyyy! 🙌🏽😎❤
AUDCAD looks like it'll start going up from here to reach its next resistance level.
Retesting daily resistance, (double top) waiting for rejection and confirmation before sell off
Hi Traders ! After a Huge Bullish Move, The AUDCAD Reached The Resistance Level. Currently, The Price Formed a Descending Triangle. The Resistance Line is Broken. So, I Expect Another Bullish Move📈 ------------ TARGET: 0.88880🎯
Looking for any buy opportunities since price is breaking out the bearish channel and the inverse h&s we are sure that eventually price will push to the upside..
Hey Traders, In today’s trading session we are monitoring AUDCAD for a buying opportunity around 0.88500 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88500 support and resistance zone.