audcadlong

AUDCAD LONG FOR 175 PIPS

As AUDUSD slows down and with the USD bank holiday - we can potentially see a bullish rise from a previous area of resistance

Two possible roots to 0.94 Either get a retest of previous structure or we will just consolidate in and around a previous consolidation zone and then move higher. either way i'll be looking to trade the break of the consolidation zone

Looking for price to retrace to one of the two levels (0.89900/0.90500) before going long. If price breaks. and closes below 0.89200, the trade idea is invalid

AudCad has retested the lows with divergence and has put in a double bottom on the 5 min followed by a break to the upside.

AUDCAD Rally for 95 pips

Simple S&R trade!

AUDCAD H4 I was expecting a further push down to the weekly zone, that can still happen, but as of now, we have H4 support, divergence, and hammer formation! Looks great for a buy! 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past...

A Bat pattern on the 60 on AudCad which because it comes at a decent support level you can use it with extended taregts rather than conventional and take as a counter trend setup.

AUDCAD ON WEEKLY We are approaching a very key demand zone, I believe we will get at least a small bounce from there up to the trendline. We can very well move all the way to the top of the weekly consolidation zone, which will be a very long term trade. Wait for price action!! 1. This profile is for educational purposes ONLY! 2. The setups given are my own...

AUDCAD BUY H4

AUDCAD is at a major level right now, the area of support it is at has been tested and failed to break it multiple times. The overall bias of price action is downwards due to the descending trend line marked out in black. Price is travelling in a descending channel marked out in blue, If price rejects the area of support its at now then we will be waiting for...

AUDCAD LONG Entry : 0.93993 TP : 0.95993 SL : 0.93693

Wait to see how the market opens... Price may potentially bounce of trendline rather than support...

Good for entry already entered.

AUDCAD was travelling within a descending channel on the Daily chart for a long time until price broke out to the upside and formed an ascending channel which is marked out with the black lines. Price is now at the bottom of the channel and it has also formed a doji candle, this indicates a reversal in price to the top of the channel. We will keep you updated on...

Confirmation received on this pair TRADE HAS BEEN ENTERED

We have an active trade position and idea open which we sent you guys however price action has changed and so has the analysis. Price broke out of its downtrend and trend line and came back down to retest it as normal, however this time it has formed an ascending channel and price is now at the bottom, we are expecting moves up.