AUD/CAD Long Trade: Leveraging Elliott Wave analysis, an attractive long potential emerges. A corrective wave's formation within a larger bullish trend suggests a potential reversal. Seek suitable entry as the corrective wave concludes, implement effective stop-loss placement, and target resistance levels for potential profits.
Entry : 0.87844 SL : 0.88589 TP : 0.87695 RRR : 1/5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
I went long on AUDCAD currency pair looking for further upside movement. Risk to Reward ratio is kind of good in this setup. Trade safe and do not trust anyone, make your own research and let only market convince you. Take care.
Weekly Chart FX:AUDCAD has hit 4 times the trend line on weekly chart and it's bouncing back from support. It's recovering and trading at 8723x now Char 4H TF AUD/CAD is trying to test 8765x, if it can break then go up to 8842 So wait what happen around 87
BUY at 0.8710-0.8680 stop loss 0.8640 the targets on the chart
🔥AUDCAD is on the brink of a bullish breakout!🔥🔥 Our Elliott Wave analysis reveals a strong upward trend on the horizon. 🚀🚀🚀 Don't miss your chance to capitalize on this prime opportunity and reap the rewards! 💰💰💰 Stay tuned for our updates and let's seize this moment together!
This idea base on the volumes being seen on the charts. I will expect more 50% retrace or higher. Stoploss at your own risk. WE anticipate if there is orderflow after that break of structure. For swing traders. lets dive in.. Since this pair january until today it keep ripping down.. Now im expecting a slowly reaping that fall again. thank you all for 400+...
RIsky Trade which is against the trend. Risk 0.5% TP1 = 1:5 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk...
FX:AUDCAD AUDCAD Buy 0.87950 TOP 0.88400 AUDCAD is hitting the support and it will bounce back.
AUDCAD, I am expecting buy from 4H POI for minimum 100 pips and maximum 200 pips in one move.
AUDCAD BUY STOP Entry point :- 0.88263 Stop lose :- 0.87711 Target 1 :- 0.88820 Target 2 :- 0.89370 Target 3 :- 0.89920 Target 4 :- 0.90470 Target 5 :- 0.91020
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from 1H bearish order block + institutional mid figure 0.89500. Fundamental analysis: This week on Friday will be released monthly GDP on CAD, that was forecasted to increase, this means strength...
The AUDCAD long bullish idea is supported by two key technical indicators: breakout and bullish divergence. Breakout: The AUDCAD currency pair has experienced a breakout above a significant resistance level. This breakout suggests a potential upward movement in the pair, indicating a shift in momentum in favor of the bulls. Traders often interpret breakouts as a...
H4 - Bullish trend pattern, currently it looks like a correction is happening. Price respected a strong support zone and is bouncing higher. Bullish hidden divergence followed by continuing bullish divergence. Until the two strong support zones hold my short term view remains bullish here.
BUY AT 0.8890-0.8850 stop loss 0.88 the targets on the chart
☑️Broke the structure on the 4 hour timeframe ☑️Lots of liquidity at the bottom If we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
On the 4-hour chart the trend started on June 30 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.8947 But do not forget about SL = 0.8740 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading