The AUDCAD pair has reached a critical support level, marked by this horizontal line on our chart that corresponds to a previous daily open/close. The price is clearly overextended and we expect a correction soon. A potential trade setup may arise later today when the Canadian GDP data is announced. If the data is positive for the CAD, this could offer a good sell...
Hello Traders! This is my forecast for AUDCAD H1. I expect a bullish move on H1 if the retracement will be valid. I expect a rise until the OB around the price of 0.89700. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
In the 4-hour period, it is moving in an ascending channel, which can correct its previous wave up to 61.8 and then enter the correction phase of its previous wave. Therefore, if there is a reaction in the specified limits by forming a negative divergence in the macd oscillator, the return wave can continue up to the green box range. In addition, the return wave...
AUDCAD is on a bearish trend on HTF but currently on a retracment. Giving us HH and HL which makes it bullish on the smaller TF Price retracing to the LQ found @0.88664. Im looking at it grabbing that and moving down to the OB below before buying up. Looking at entry @0.88583 We wait to see market reaction on that block.
AUDCAD is testing the psychological level at 0.89000 in the ascending channel. The market is consolidating on the 4-hourly chart, following the bearish move. Price is likely to move down from the kill zone since the market is consolidating. We expect a pullback from the resistance level and the continuation of the consolidation. ------------------- Share...
Waiting for an entry pattern at 0.88984 area to short AUDCAD back to key 4H level at 0.87476 If you agree drop a like and if you have any questions leave a comment :)
Hello Traders! This is My idea related to AUDCAD H4. A very nice retracement from the OB, I expect a strong bullish move until the OB at the price of 0.89600. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and...
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Impulsive 🟢 Inducement: Done 🟢 Internal Structure: Also bullish 🟢 Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup 🟢 Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side 2️⃣ Pattern 🟢 CHART...
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
My analysis of AUDCAD shows that sellers are in control * AUDCAD is bearish
AUDCAD broke and closed below the psychological level at 0.9000 that became resistance. The market is making low lows and lower closes in the descending channel, an indication of bear dominance. Price action is likely to move down from the kill zone, psychological level, and 38.2% fibo retracement level. We expect a trend-continuation...
I am expecting AUDCAD to make a move upward, thereby taking out the previous high before making way to my TP.
AUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
AUDCAD is moving in the ascending channel. The market is consolidating on the 4 hourly chart. Price is likely to move down from the confluence zone: the resistance + 88.6% fibo and bearish harmonic pattern. We expect a pullback from the resistance level and the continuation of the consolidation. ------------------- Share your opinion in the comments and...
demand zone for long 0.8920-8900, one more extreme demand zone 0.8990-80, stop loss: 0.8860, target: 0.9050.
AUDCAD made pullback following the divergence at support. Price created confluence at resistance level and 50% fibo level. Price action made lower low and lower close indicating trend shift on the 4h chart. We expect a retest of the confluence zone and a continuation of the bearish move. ------------------- Share your opinion in the comments and support the...
Waiting for a break and retest of 0.88797 to short AUDCAD back to 4H swing low at 0.87728 If you agree drop a like and if you have any questions leave a comment :)