//@version=5 indicator('⫷⫸ FBC Setup ⫷⫸ ', overlay=true) // Calculate the conditions for the bullish candlestick setup isBullishSetup = close > open and open < open and close < close and close > close and low < low and low < open // Plot a shape and label when the bullish candlestick setup is detected plotshape(isBullishSetup,...
iaddwdibd next manipulation. Pullback shall over soon
It seems all of the signs leading to Bullish move. 0- Monthly shows Bullish 1- EMA 200 Blue on Weekly shows: Bearish 2 52-Week & All Time Hight/Low S/R Clear 2- Chart Pattern on Weekly chart shows: Multiple attempt to break through at 0.90500to and go Bullish This is the only headwind. 3- Stochastic on Weekly chart shows: Overbought 4- EMA, 20 Red, 50 Green,...
In the AUDCAD currency pair, a stable upward trend is consolidating. The exchange rate successfully navigated through a temporary period of weakness. We are currently adopting a bullish stance towards AUDCAD, and our strategy involves pursuing a Long Trade with a target set at the liquidity zone around 0.9230. Additionally, the Long scenario is reinforced by a...
"I have recently taken a short position in AUD/CAD as the price has reached a significant supply zone. After conducting a thorough market analysis, I have identified this zone as a critical resistance level where selling pressure is expected to increase, leading to a potential decline in the Australian Dollar against the Canadian Dollar. This trading strategy is...
AUDCAD is exhibiting a strong adherence to the supply zone established on the hourly timeframe, suggesting the formation of a potential double top pattern. This pattern indicates a bearish inclination, signaling the likelihood of a corrective leg in the near future. It is essential to monitor the price action closely for confirmation of a significant trend...
Hello traders, Wave 5 has probably ended at 0.90650 zone. ABC Correction is supposed to materialise towards the support zone at 0.88750. Thanks.
audcad weekly in strong range buy on break long term setup
Hello Traders! 🌟 Today, we're diving deep into an exciting analysis of the AUD/CAD pair. Get ready, as we unfold the story this chart is telling us across various timeframes! 📈🔍 📊 Weekly Chart: We've spotted a fascinating rectangular channel, indicating a consolidation phase. A key point here is the price rejection at the lower trendline (around 0.85627)....
Hello TradingView community! I'm excited to share my Elliott Wave analysis of AUDCAD, which is currently showing a notable sell opportunity. As an avid follower of Elliott Wave theory, I've been closely monitoring AUDCAD and have gathered some key insights. From my comprehensive analysis, it's evident that AUDCAD has completed its bullish phase, typically...
This Is An Educational + Analytic Content That Will show entry ideas for trades. 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 educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
A continuation is still in playing..looking forward to execute buys only Happy trading.
The price is pulling back from the sell entry and could hit our take profit level. Sell entry is at 0.90658 which is a swing-high resistance level. Stop loss is at 0.91055 which is a level that sits above a pullback resistance. Take profit is at 0.89912 which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
The price perfectly fulfills my last idea. The market is updating the swing highs and higher lows. The price broke and fixed above the range zone and it broke key level at 0.9000. The price pullback after impulse move upward to retest the support level. The market bounced off support at 0.89500. It most likely will go up toward the resistance from the support...
we have a perfect W on the daily that we are currently retesting the neckline I want the trade the next impulse to the upside I m waiting a break of structure on the 4h time frame and retest to enter the market
I never did this trade just watching it. Its a ICT concept look at the time where NY 10am wick will go into the Fair Value Gap.
entry price 1- 0.90310 TP1_0.89721 TP2_0.88985 TP3_0.88248 this setup is for 4h time frame. good luck .