CANADIAN DOLLAR / AUSTRALIAN DOLLAR CADAUD

So this one is really interesting. CAD has to my pleasure been really bullish for a while, and it looks like that might continue. We're currently in a breakout channel from a previous downward trend, and has just gotten out first smell of fresh air. I was thinking about putting a short on since its rebounding, but then I realized that that would be fucking crazy. ...

Setup: CAD had a good run and looses momentum at previous key levels. Way overbought on both RSI and Stoch. AUD looking pretty much other way - pulled down with NZD but looks to form a H&S on it's 60m chart. Currently sitting on previous key level and way oversold. We're looking for a shorter move since it's basically an anti-trend trade. Enter now. Stop loss can ...

Shit just feels bound to happen, watching closely

Seems to be in a wedge structure, just turning at the top. Watch out for the pin-bar looking thing. Needs bearish confirmation on monday.

CADAUD SELL

TREND ANALYSIS

The LT structural weakness in CAD could be shifting soon. I'm looking for the right candidate to buy the CAD against, for a LT trade.

Potential Cypher Harmonic Pattern , but need to hold until the pattern complete. Short term trader might consider to long if the line touch on 1.0030 (break the 0.786 @ short term fibbo), and look forward to test the next resistant at 1.0090 (touch the 0.618 @ long term fibbo). However it is still early to determine. Longer observation is required.

cadaud see my arrow

The idea was a long position into 0.99, but it looks likeit's kinda slow to develop. I got long at 0.9806 but very soon did not like a shorter time frame price action - it broke down a recent uptrend and traded all along below VWAP. Got flat having in mind coming weekend. Still bullish on this

it was a steady downtrend since early Feb, so if it's a breakout then it's good place to trade it long. Recent 3 day upmove looks very solid.

Australian dollar faces a tough resistance coming into 2017. I will update this page continually through the year.

CADAUD in an upward trend since Nov 2016, way above 150MA. It keeps all possible retracement levels indicated by Fibonacci and finished above the red line which shows strong resistance/support. Watch out for OIL prices since they can potentially influence CAD. Good luck!

D leg has completed and the price is currently in a critical zone. Watch for sell opportunities and use Fib levels as TP points. Upward price action will invalidate the idea. Good luck!

CAD AUD SHORT

SETUP CONDITIONS: Elliott wave , Ending Wedge , RD+

good time to enter short CADAUD and catch wave 3 down. only problem is this is a slow pair and not much movement.

A bearish gartley pattern has just completed on the CADAUD (1D and 4H). Purple line represents the 127.2 EXTENSION OF ABA and orange line represents the 78.6 RETRACEMENT OF XA. Shorted a full position