💹 Let's review the analysis of the AUDCAD currency pair that we did together some time ago and examine the possible positions. 📊 In higher timeframes, like other forex pairs, we are still within a range and merely oscillating in a long-term box, which provides suitable trends for us in shorter timeframes. 📝 In past analysis, we mentioned that after breaking...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCAD has been overall bullish, trading within the rising wedge in red. At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone. Moreover, it is retesting a strong resistance zone. 🏹 Thus, the highlighted red circle is a...
Another leg down is expected before this weekend. Keep eye on it for an impulsive move down before Friday closure.
Pair Name : AUD/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long After Retest ) Type : Mid Term Swing ——————————— Bullish...
The AUDCAD pair is currently exhibiting a Bearish Harmonic Pattern (XABCD), with Point D anticipated to act as a Potential Reversal Zone (PRZ). This analysis aims to identify strategic entry and exit points based on the confluence of multiple technical indicators. Key Technical Indicators Potential Reversal Zone (PRZ): Point D aligns with a significant Key...
AUDCAD in bullish trend making a Rising wedge expected trend reversal at the breakout.
AUDCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
My dear friends, Please, find my technical outlook for AUDCAD below: The price is coiling around a solid key level - 0.9082 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.9099 About Used Indicators: The pivot point itself is...
AUDCAD is in reversal mode. Bearish divergence also shown in RSi. Rising wedge reversal pattern also form. Market sentiment is also in short. These strong indication say that trend will definetly be reversal here. we further more confirmation if trend will breakout the last HL.
Looking for a sell opportunity in AC. Reason of sell: 1. M pattern formed in 1H chart. Use proper risk management. Thank you
The AUDCAD has been in a strong bullish trend as evident on the daily time frame. We are looking for a trend continuation opportunity if price action plays out as described in the video. Throughout the video we discuss the trend, price action, market structure and other important aspects of technical analysis, and we look at a potential trade idea. Remember,...
we can see price pushing up further than the last major primary high. Im expecting a possible liquidity sweep and then a reaction from a 1 hour demand zone. Eventually, if fundamentals continue, we could see a further push up into the large imbalance. ✅So a brief checklist: 1- Now reaching a major previous high 2- possible liquidity sweep 3- looking for price...
AUDCAD: new price level -Inversed HnS Pattern. -Key level resistence change to support.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCAD has been overall bullish, trading within the rising wedge in red. At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone. Moreover, it is retesting a strong resistance zone in blue. 🏹 Thus, the highlighted red circle...
AUDCAD can go up, will keep the tight SL, keep an eye on the corrective move.
Aud Cad is ripe for a sell now it hip a Monthly Pivot of 0.91048 and now it has a 4hrs candle closed below the Pivot point its heading to hit 0.87881 another monthly pivot point , please apply proper risk managemant.