AUDCAD Bearish FlagAUDCAD will be in Bearish continuation according to the Bearish Continuation Flag Pattern.Shortby oyekhattak2
scalp short AUDCADblaa bla bla, i'm not sharing hows and whys :P it is possible it goes down without reaching to the entry level in that case i would just watch it , not touch it ;) Shortby trollistUpdated 20201
AUDCAD 4H Entry Short PositionHey guys! its your girl Forex Potatoe on the charts again and here is a breakdown of my analysis for AUDCAD. AUDCAD has been in a prolonged downtrend for a long time coming, Weekly and Daily Timeframe is currently in a downtrend with 4H in an uptrend. Since the longer term timeframe is downtrend and 4H in an uptrend(apparently having a pull back). We would be interested in taking a short position, therefore 4H timeframe has to correlate with Weekly and Daily Timeframe, we would have to wait for the break of the last low on 4H and a retest to enter a Sell position Kindly follow me and tell me what you think about this analysis so far.Shortby ForexPotatoe3
fbc//@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, color=color.new(#42e9ff, 0), title='Bullish', style=shape.labelup, location=location.belowbar, text='Bullish', textcolor=color.new(#000000, 0)) // Plotting a background color to highlight the pattern bgcolor(isBullishSetup ? color.new(#4c9baf, 90) : na) // Calculate the conditions for the descending candlestick setup isDescendingSetup = open > close and open > open and close > close and close < close and high > high and high > open // Plot a shape and label when the descending candlestick setup is detected plotshape(isDescendingSetup, color=color.new(#ff3ea5, 0), title='bearish', style=shape.labeldown, location=location.abovebar, text='bearish', textcolor=color.new(#000000, 0)) // Plotting a background color to highlight the pattern bgcolor(isDescendingSetup ? color.new(#ff52cb, 90) : na) by amirhoseinabbaszadegan0
AUD/CADIt 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, 200 Blue on Daily shows: R.G.B Bullish 5- Chart Pattern on Daily shows: 0.90500 is hard to break to go Bull 6- Stochastic on Daily shows: "K" Line cut "D" Line Bullish 7- Harmonic formation on Daily None Longby Ha-Lion113
Expecting AUDCAD to Go HigherIn 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 hidden bullish divergence in the On-Balance Volume (OBV) observed on the Daily Timeframe.Longby Ochlokrat1
Short in AUDCAD "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 based on the expectation that the price of AUD/CAD will decrease as supply surpasses demand in this zone. Furthermore, I have observed additional bearish indicators that reinforce my decision to go short. As a trader, I will closely monitor price action, market sentiment, and relevant economic factors to effectively manage my position and make necessary adjustments as the trade progresses. Implementing a robust risk management plan is essential to safeguard my capital and optimize potential profitability. It is crucial to note that trading AUD/CAD or any other financial instrument carries inherent risks, and prudent consideration is necessary. I highly recommend conducting thorough research, developing a solid risk management strategy, and, if necessary, seeking guidance from a qualified financial professional before making any investment decisions.”Shortby JuanHernandez0
⚡️AUDCAD CMC TRADING ⚡️ STRONG SUPPLY ZONEAUDCAD 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 breakout, as this could mark the onset of a potential reversal in the prevailing market direction.Shortby ChampsMoneyConcepts13
AUDCAD: TECHNICAL ANALYSIS.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.Shortby MASTERPIECE102
AUDCAD MULTI TIME FRAME ANALYSIS 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). Currently, AUD/CAD sits interestingly at the mid-channel point of 0.90564, a critical area to watch. 📅 Daily Chart: Things get more interesting here! We see a Cup and Handle pattern (or a Double Rounded Bottom), hinting at a bullish future. This pattern is eyeing a breakout at 0.90567 – a level we should keenly observe. ⏱ 4-Hour Chart: Our analysis shows an ascending triangle, a typically bullish signal. The price is flirting with the resistance, also at 0.90567, mirroring the daily chart's breakout point. 💡 What This Means: The alignment of bullish patterns across multiple timeframes can't be ignored. If AUD/CAD breaks above 0.90567, we might see a strong upward move. However, always remember, the market can surprise us! 📈 Trading Strategy: Considering a long position on a confirmed breakout above 0.90567. Setting stop-losses wisely, perhaps below the recent low or the weekly lower trendline. Profit targets? Look towards previous highs or Fibonacci levels. 🚨 Risk Management: It's crucial in Forex trading. Manage your positions responsibly, and don't overexpose your capital on a single trade. 🌍 Keep an Eye on the Bigger Picture: Global economic news, especially from Australia and Canada, could sway our pair, so stay updated! That's it for today, traders! Remember, the markets are dynamic, and so should be our strategies. Trade smart, stay informed, and let's catch the next big wave together! 🌊💼 Happy Trading! Longby TradeChartPatternsLikeThePros3
shortThis 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 information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingVShortby kF_pippinright222
AUDCAD H4 | Reversing to support levelThe 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 level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM6
Lingrid | AUDCAD retest of the RANGE zoneThe 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 level and downward trendline. My target is the resistance at 0.90940 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridUpdated 3318
AudCad ICI daily patternwe 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 marketLongby SamuelForexTraderUpdated 1
idea on a trade 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.by EZIO-FX0
audcad-looking for short entry price 1- 0.90310 TP1_0.89721 TP2_0.88985 TP3_0.88248 this setup is for 4h time frame. good luck . Shortby behdaddivsalar1
idea on ChartWe have a great zone here where price could possible go. Lets wait for more set ups.by EZIO-FX1
Strategic Moves: AUDCAD Uptrend AnalysisGreetings Traders, In today's trading session, our focus is on AUDCAD as we actively monitor a potential buying opportunity around the 0.89600 zone. Operating within an uptrend, AUDCAD exhibits a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the critical 0.89600 support and resistance area. This numerical level holds significance as both a historical support point and a pivotal juncture where the correction may intersect with substantial market forces. Our strategic approach for today involves a meticulous assessment of optimal entry points within the identified 0.89600 zone, aligning our trading decisions with the ongoing uptrend and the potential market dynamics at the crucial support and resistance area. As always, it's crucial to trade with caution and adhere to risk management strategies. Trade safe, Joe. Longby JoeChampion3
AUDCAD: Structure Analysis - Within a Large CorrectionAUDCAD: Structure Analysis - Within a Large Correction AUDCAD is in a very strong zone so far. It is moving between 0.8900 - 0.9055 for about 45 days and it can finish 2 moths in this zone as well. The trading range is really big around 155 pips. A move above 0.9055 should push the price up near the resistance zones. A move below 0.8900 should push the price down to the support zones but with the dominance of a bullish volume. From the support zones, we can see the price rising again. Thank you and good luck!by KlejdiCuni6
Long in AUDCAD "I have recently taken a long position in AUD/CAD as the price has touched a significant demand zone. After conducting a thorough analysis of the market, I have identified this zone as a key support level where buying pressure is high and demand for the Australian Dollar against the Canadian Dollar is likely to increase. This strategy is based on the expectation that the price of AUD/CAD will rise as demand exceeds supply in this zone. Additionally, I have observed other bullish indicators that support my decision to go long. As a trader, I will closely monitor price action, market sentiment, and relevant economic factors to effectively manage my position and make necessary adjustments as the trade progresses. Proper risk management is crucial in my trading strategy to protect my capital and maximize potential profits. However, it is important to note that trading AUD/CAD or any other financial instrument carries risks, and careful consideration is needed. I highly recommend conducting thorough research, having a solid risk management plan, and, if necessary, seeking advice from a financial professional before making any investment decisions." Longby JuanHernandez0
AUDCAD Hello friends In the AUDCAD currency pair, we see an upward rally that has completed 5 complete waves Now a corrective wave should be formed, which consists of wave A and B. Now we expect the formation of wave C If the price breaks the upward trend line and makes a pullback, we expect the price to drop to the range of 0.8893. If this level breaks, a drop to the 0.8752 range is not far off. If the resistance level of 0.9062 is broken, our hypothesis is invalid. Be successful and profitableShortby M_Gheysvandi2
Double Top with Bearish Engulfing CandleThe price has made a Double Top with a Bearish Engulfing Candle therefore has a high probability to reject from 0.9060 strong resistance area and shoot down to between 0.890 to 0.8950.Shortby R-L-A113