Structure: Solid power move to the support zone aligned with the 200 MA Strategy Trade: Long Risk/Reward: 1:2 Disclaimer: DYOR!
Hi fellow traders, AUDCAD has completed a larger WXYXZ flag correction. Look for a buy opportunity from the blue box in this smaller 3-wave correction. Target the resistance levels. Good luck and trade safe!
Hello hustlers.. NO explanation just trust us and use good trade management only thing important in Trading is how you manage your trade... FROM 1:4 & 1:6 RISK REWARD RATIO... Enjoy...
Price has taken liquidity on 4H at 0.89492 and made a Order Block zone (0.83659) at Sell side liquidity and had a huge up move, created an order block (0.89808) within the FIB Golden Zone ( 0.618%), so waiting for the price to make a REVERSAL pattern on the lower timeframe within Order block zone.
On weekly chart the impulse movement may be coming, so looking for buy opportunities. on 0.90210 support and resistance looks good.
In this AUDCAD we expect a bullish move through waves c and Y. Note> this is just an idea, make sure you do your own analysis.
AUDCAD - Long Opportunity - H4 Trend Continuation? Getting this idea from a previous long daily candle, hoping the momentum continuous after a short break it took.
AUDCAD - Long Analysis - H4 Was looking at this last night and went off while i was sleeping. Aussie looking a bit strong for this week.
5:1 Reward:Risk ratio. It is AUDCAD on a daily chart. If this oversold pair does not rise at this level, then the level below is a good level. AUD is the most oversold than the rest of the G10 FX with an economical growth pattern that has not showed up on the charts yet. What's more, AUD has a lot of padding compared to CAD in its real estate market from its...
#AUDCAD in Daily Time Frame Setup H&S Pattern available in this setup neckline was break so it will down further if Market reject the neckline
Based on the chart, we can observe that it is showing higher highs (HHs) and higher lows (HLs), indicating a bullish trend. The Relative Strength Index (RSI) does not indicate any divergence currently. We will enter a long trade with a risk-to-reward ratio of 1:1. Our trade plan is as follows: Trade Long Buy Stop = 0.90807 Stop Loss = 0.90367 Lot Size...
Market entry on AUDCAD for a Long position. Stop Loss below the trend line.
Based on the current price chart, it appears that the market is forming a bullish trend, as evidenced by the presence of higher highs (HHs) and higher lows (HLs). Additionally, there is currently no divergence showing on the Relative Strength Index (RSI). As a result of this analysis, we will take a long trade with a 1:1 risk/reward ratio. Trade Long Buy Stop...
Within the specified window, i still expect bullish above 0.9 if i'm right my 2 cents.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 0.89000. My target is buy stop liquidity. Fundamental analysis: Tomorrow we have news event on AUD, will be released monthly Unemployment Rate. If the...
This is for short term And this is risky too. Please DYOR before entering the trade.
AUD/CAD looks like a great potential long. Set your alerts and trade safe!
Watching this one, I think the short is missed to point 1, but I'm also watching to see if it tries to push up above the current resistance level. If we cross up, I'll be looking at point 2 for a retest style entry. If it carries back down to the support level below in point 1, I'll watch for a reject/retest type entry there to come back up to the major...