AUD has been weak across the board and is giving potential opportunities to go short. In AUDCAD the Daily bias is bearish and could continue lower. The D chart presented us with a SWH with its 3rd candle lows being breached by today's price action. Ideally in the 1H, the chart will set itself up either in London (2am) or NY session (7am-9am) for a short after a...
AUDCAD is making reversal Double Bottom it will reverse the trend from bearish to bullish Divergence also conform the reversal if It Break the level of 0.88399 then my trade plane exicute Entry Point is 0.88402 Stop Loss is 0.87575 and TP is 0.89252
Disclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their own...
Hello,Traders! AUD-CAD fell down but Has reached a horizontal Support of 0.8765 from Where I think we will See a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
CADAUD's MACD Histogram crosses above signal line The Moving Average Convergence Divergence (MACD) for CADAUD turned positive on January 30, 2024. Looking at past instances where CADAUD's MACD turned positive, the stock continued to rise in 30 of 95 cases over the following month. The odds of a continued upward trend are 32%. Price Prediction Chart Technical...
currently inside a weekly demand area , daily supply is in control and 4h demand is also in control. so the 4h entry is anticipating weekly demand and 4h demand will push up.
After end of correction buy is best position for long time
Please, check our technical outlook for AUDCAD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.882. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.878 level soon. P.S The term oversold refers to a...
AUDCAD is rising toward pullback resistance and could potentially break off this level and rise higher. Stop loss is at 0.87600.
AUDCAD Short at LH (also 0.5 FIB , trendline resistance intact) SL , TP mention in chart
In today's trading session, our focus is on AUDCAD, where we're eyeing a selling opportunity around the 0.88600 zone. AUDCAD is currently in a downtrend and undergoing a correction phase, approaching the trend at the 0.88600 support and resistance area. However, a fundamental layer adds depth to our analysis, as AUDCAD exhibits a correlation with stocks. Given the...
Also a repost from previous week,I was wicked out from the trade but structure is still. maintaining, Re-analysed Market Structure Bearish on Higher Time Frames Weekly and Daily at same AOI weekly Rejection Daily Rejection EMA retest on all time frames Around Psychological Level 0.89000 REMEMBER: Trading is a Game Of Probability : Manage...
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...
Two interesting areas to enter sales. The first one right now, the second 50 or 60 pips higher. Be careful that tomorrow we have the interest rates of the Canadian dollar.
Price is to fall toward our bullish order block of 0.87671 a pullback support that aligns with the 38.2% Fibo retracement. A reverse from this point could lead the price to rise to 1st resistance at 0.88128. If price breaks below the pivot, it could fall to 1st support at 0.87508 , a swing-low support level.
Hello everyone ... if price break our entry areas then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... motivate us by likes and comments... .. good luck..