Cypher completed under my nose in the first half of the last 60 minutes. Thank the market wizards for entry orders, lol. There could be a retest or even a break below with such a sporadic move. If you get involved remain aware of price action nearest term.
AudCad is forming a classical bullish wedge on the daily time frame. Besides that its also about the bounce of the lower range. At this stage AudCad looks like a beautifull buy opportunity. When looking at other Cad pairs you can still see that the Cad is a weak currency. Judging by this setup AudCad will soon follow the other cad pairs. Take profit: 1.0289 >...
Oil has taken a beating recently, so the CAD has suffered a tad. I am long AUDCAD until oil starts to make a recover (seems like it wants to starting now, make no mistake oil WILL come up again, it's just a matter of when) - So I am long AUDCAD until oil starts to turn around. Target 1.017 - Stop Loss - 1.01
CAD bulls are still working to break below the neckline. A retest of the right shoulder is appropriate not necessary.
Hey Guys, We may have Blue or Red: Blue: More downtrend. Red: One more up and then have an ABC correction to sell. Watch for these moves! - Hola Chicos, Tendremos camino Azul o Rojo: Azul: Continuación de la tendencia. Rojo: Un movimiento más arriba para hacer una corrección ABC y después caer. Estad al tanto! Carlos
We SELL for the C-D Leg. TP1 @ 38.2% TP2 @ 61.8% TP3 @ 88.6%
FIRST LONG & LATER SHORT. 80 PIPS UP & 100 PIPS DOWN. We buy this pair at current level and book profits +80. Once the price reached 1.0350, we sell it and book profit @ 1.0150 We will share further analysis on lower time frame charts to elaborate the idea.
As you see guys, looks like AUDCAD making an AB=CD that may complete at major resistance zone. Looking for a possible down move at that level.
Currently retracing from 1.07 on 18/03/13 This pair has touched the 23.6 retrace twice since 14/04/2014. Both times it has failed to break. A clear rejection sign at this point (hopefully around the start of April), will be an excellent short opportunity till at least 1.0125.
This is The Best Setup Ever. C leg is extremely streched shows bearish pressure.Any short trade cannot be better than this one. Best of luck Muze (aud/cad)
Take Entry @ 1.00148 Take Profit @ 1.00904 Stop Loss @ 0.98637 Best of Luck !!
This week we have important data from AUD (interest rate decision) on Tuesday, followed by important data from CAD later that day. Forecast is a stronger AUD. First false move lower on unchanged interest rate decision, then move higher on CAD data. Alternative view: charts.mql5.com
AUD came out strong with Building Approvals m/m and Trade Balance. CAD is not releasing some game changing numbers today, so a little chance to make a bit more profit for the weak on this pair. Keep an eye on the round numbers. Also be ready to scale or go completely out at 1.00520.
short AUDCAD now guys, pair is now following the 5th impulse wave . take your short positions till the provided targets thanks