After forming ABCD pattern, we have identified a clear divergence and plan for sell setup. If the structure break previous HL we can see a decline in the price. Key levels are defined with sell stop, TP1, Tp2 and SL. Happy trading
We can observe completion AB=CD. At PRZ we can observe divergence so we can take entry at the break of LH .
A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...
Market Structure Bullish on HTF Both Weekly and Daily at same AOi Weekly Rejection at AOi Daily Rejection at AOi Around psychological Level Daily Previous Structure Point H4 EMA Retest Candle stick Rejection SOS 1:4.55% Entry Signal 100% A REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
my opinion abot aud/ cad in 4 h i think markt is risiing
I'm looking at the Australian Dollar Cross Canadian Dollar pair this week. Looking back at this pair. I can see it has been very bearish over the span of 247 days, give or take. 27 Jan - 27 Sep. This massive 970+ pip range was unable to break the previous swing low resulting in a change of market structure. This shift in bullish momentum tells me those prior lows...
Here is our detailed technical review for AUDCAD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.904. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.902 level soon. P.S Overbought describes a period...
The AUDCAD currency pair currently finds itself in a crucial demand zone, resting at the level of 0.90300. This signifies a significant area where buyers are stepping in with increased interest, potentially indicating a shift in market sentiment. The demand level further strengthens at 0.89850, providing additional support and reinforcing the notion of buyers'...
Audcad is in bearish trend as it is printed divergence
AUDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.89791 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe, hinting a strong reversal into a Bearish trend, if...
Daily: - Hedge position - Solid candle close - Fib completion -27 - BIG SELLING ZONE Weekly: - Weekly -27 fib completion - Impulse and correction - BOC is reached that aligns with big selling region *High chance on bearish pullback 4H: - Waiting on 1 more 4H candle close - Deceleration
We can attempt to short AUDCAD from specified level as it break HL , trendline support , also there is bearish divergence which indicate that it move downward. SL , TP mention in chart.
AUDCAD is currently trading in descending triangle and it is expected to break down, we will take short entry after the break of pole low keeping the stop loss at the high of pole.
Short Setup Entry will only be taken once D is formed completely. By the Time we would wait and watch. Lets see if Potential Reversal Zone is formed. Not a Financial Advice just DYOR
My dear friends, My technical analysis for AUDCAD is below: The market is trading on 0.9059 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8998 Recommended Stop Loss - 0.9098 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Return tp previous level pattern crossing trigger line CCPV on MT4 cross over Ova Extended Sentiment of Traders Targets Could ic bac but has broken support already and done the retrace thing. 66.23 % chance of hitting Target 38 pips Tae Partials Trail stop closer as approaches target : ) imho
Scalp trade The price is in 30m, it has engineered liq, already, shefted below to notify the bears entering in a short term targeting down in the lower low of 30m. Let us see
AUDCAD is showing BEARISH CRAB PATTERN on Dailly Time Fram looking for short on given levels for TP1 and TP2