AUDCAD is at a support level a nd likely to test the two levels above
This chart is trending in bullish trend as its printing LH and LL
Audcad has made a deep correction to retest the demand zone and is respected multiple times in the past and also testing the rising trendline. There is a high possibility of a bounce.
Weekly timeframe - Bullish market structure - Active fib (market structure + inner structure pattern with the fake-out) - Bullish supply and demand zone Daily timeframe - Bullish market structure - False break of the 100 fib level (currently trading back above) grabbing liquidity at our weekly supply and demand zone 4H timeframe - Inverse head and...
buy aud when it breaks and retest....nothing much to say ,patience is the key to a successful trade
This video showcases two custom TradingView indicators: Inflation Deflator & Make That Money. Random chart. Random start. Replay. I show how to best use these indicators and implement supply/demand zones for SL/TP.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to take liquidity above equal highs and to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
AUDCAD is in bearish trend and taking resistance at trendline, making HL's continuously.
4.34pm - 4.54pm learned many lessons today: -DO NOT MOVE THE STOP LOSS TO BREAKEVEN -really be careful about the POI ---> I would've avoided the loss losing day -2.3 pips (-1RR) - could've been a +1.5 pip (+1RR) day
AUDCAD price is approaching the Order Block area in the H1 Timeframe. We will make sales following the trendline. The decline in the Canadian dollar is quite strong, which will also increase our probability
Trade Type: Sell Limit Entry Level: 0.88151 Stop Loss: 0.88363 Take Profit: 0.8786 Risk-to-Reward Ratio: 1:1 Here are a few observations: Entry Level (0.88151): This is the level at which you intend to enter a sell limit order for the AUDCAD currency pair, anticipating a bearish move. Stop Loss (0.88363): The stop-loss level is set at 0.88363, which means that...
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88300 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88300 support and resistance area. Trade safe, Joe.
AUDCAD making lower lows and lower highs continuously. It seems its in bearish trend. And through RSI diversions its seems the trend remains bearish.
The price have already broken the the 4H Low, we are waiting for retest on area of interest which is a FVG and SELL
AUDCAD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long AUDCAD Entry Point - 0.8815 Stop Loss - 0.8796 Take Profit - 0.8865 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
after the price hit a strong area of supp the price gave a very good bullish price action so we can enter a buy trade now
📈 Stay ahead of the forex market trends with our latest video on the AUDCAD current market outlook! Join us as we analyze the movements of the Australian Dollar (AUD) against the Canadian Dollar (CAD) pair, providing you with invaluable insights into current market dynamics, key support and resistance levels, and potential trading opportunities. Whether you're a...