AUDCAD Monthly retracementMonthly - retracement to the W neckline Weekly - we could be making a ICI Daily - we are creating a HEAD and Should at the 0.90000 price ( Basicly rejecting this price ) SL placed on the 4h retracement above 78.2 gib lvl TP 4:1 neckline on monthly candle retracementShortby SamuelForexTraderUpdated 2
audcad buy ideaaudcad has been bullish since october and appears to now be making an inverse head and shoulders pattern. Wait for a higher high/bullish confirmation to be formed before going long. Longby JoshW040
AUDCAD - WAIT FOR BREAKOUT!Waiting for a break and retest of 0.90384 to long AUDCAD back to key Daily level at 0.91073 or a break and retest of 0.88770 to short AUDCAD back to 4H swing low at 0.87739 If you agree drop a like and if you have any questions leave a comment :)by mikoaodu115
AUDCAD : polarization of resistance The polarity is clear The bullish resistance of yesteryear seems to have become bearish resistance Prices seem to be struggling to break back below it and if this persists, prices may well end up rising againLongby ForexGoldenBoy0
aud/cadTwo trading areas, in my opinion, the price will bounce from them. I added a horizontal line to stop loss. As for the profit, it depends on the method of taking some of the profit and completing with the rest, and so on. The analysis depends on the gaps between the tails of the candles from which the price bounced at least once. warning . I do not know the unseen. This analysis may be correct or it may be wrong. Please be wise by najem7220
Long for audcadMedium term bullish outlook, bullish flag pattern , showing continuation pattern. Good risk reward ratio for the trade.Longby a_propatternfx225
AUDCAD MAKING BULLISH FLAG 1HAUDCAD is making bullish flag no divergence appear on RSI according to my analysis it clearly indicate that the trend will continue as per my trad plan i consider entry point at 0.90586 and the stop loss is at 0.89309 with take profit point is 0.91860 with the R:R is 1 Longby rizwanahmed06031
AC ShortPrice ran the buy side liquidity on the weekly chart. We have a bearish Order Block on the 4H tf. Im looking for price to go close the Imbalance on the monthly chart (132 pips) TP1 the push further down to purge the liquidty at the 4H equal lows .8765. the pips count is just above 200. If you decide to take this trade set up. please excercise good risk management.Shortby Tosumbua1
✅AUD_CAD WILL GO DOWN|SHORT🔥 ✅AUD_CAD price grew again to retest the resistance of 0.905 But it is a strong key level So I think that there is a high chance That we will see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFxUpdated 227
Bearish Signals Intensify in AUDCADThe bullish prospects in AUDCAD are dimming: In the 2-day chart, a pronounced bearish whipsaw pattern is evident in the On-Balance Volume (OBV), while the price is within the vicinity of an order block. The last candle clearly illustrates the impending weakness. The target area for potential short trades is to be identified around 0.8580. Within this range, there is an exceptionally large liquidity supply that quantitatively distinguishes itself from other significant highs and lows. Please note that this idea is based on the 2-day timeframe, making it a longer-term trading approach.Shortby Ochlokrat2
AUDCAD,,BULISHEntering the range with high volume of buy orders and starting to climbLongby amirali_trf1
CADAUDThe main support and resistance on this chart seems to be forming some sort of wedge over the last 30 years or so. The internal support for that trading zone was broken back in august 2010, the darker green line. Since February of 2012 it has been following a new support line within the main support and resistance. Price action has come back up and confirmed the old internal support line as resistance. The light red line (pink whatever). we are in a zone it has been using as resistance just under the pink line. If we fall back out of this zone again it appears a short could take us all the way back down to 1.0461. the lower blue line, where it should also encounter its darker green line again to keep working on the overall wedge pattern. It will be interesting to see how it plays out. Shortby axlmayhem87Updated 1
AUDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89700 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.Longby JoeChampionUpdated 6
AUDCAD possible long for 0.9050demand zone for long 0.8920-8900, one more extreme demand zone 0.8990-80, stop loss: 0.8860, target: 0.9050. by PyramidFx444
AUDCADWe have a Break of Market structure. waiting for retest of 1 hour Fair Value gap before it continues to Drop. What Do you all think? we join the market at 0.89800Shortby itsGitauUpdated 113
AUDCAD-TREND CONTINUATIONAUDCAD will continue its bullish trend as it is making HH and HLs and made a continuation cup and handle pattren.Longby uasghar2801
AUDCAD: Structure AnalysisAUDCAD: Structure Analysis AUDCAD is in a very strong zone so far. It is moving between 0.8900 - 0.9055 for many days. I wouldn't be surprised if it moves down again. the trading range is really good about 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 KlejdiCuni1114
#AUDCAD potential bullish continuationAs you can see in the 4-hour timeframe chart, there are several different bullish confluences that we are currently observing. Firstly, the price is retesting a bullish trendline that has supported this recent bullish move since October 16th. Secondly, the price is also finding support from the 200EMA , and the price formed a nice rejection off this overlay indicator. Thirdly, we have bullish divergence between price and the stochastic oscillator, suggesting that momentum has shifted to the upside. Also, from a market structural point, the price is forming higher highs and higher lows and is currently testing the previous resistance, which has now turned into support. After observing all these bullish confluences, the price then formed a bullish engulfing candle, suggesting that bulls are active in the market. To participate in this market, there are two things that we can do. Either we can engage in this market by executing a buy order at the current price or place a buy limit order at 50% of the bullish engulfing candle, of which I prefer to use the second method. Longby mohematiUpdated 224
AUDCADAUDCAD has just tapped into our point of interest and we are going short till the swing lowShortby BigBenCapitals3
AUDCAD Head and Shoulder Formation on H4 Candle.AUDCAD has formed head and shoulder pattern on H4 candle. for confirmation of bullish continuity the RSI indicator is showing bullish trend. Shortby nasirkarime3
Possible shorts - AUDCADLooing for potential shorts with multiple targets planned.Shortby conquerforex_Updated 2
AUDCAD SELL AUDCAD was in an uptrend for a while. however, we see a break below the trendline which signifies a short setup. TP and SL are marked. Always follow risk management. Shortby PotentFX4