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...
AUDCAD met with its support on its parallel channeling. we are seeing upside potential with the mentioned target price and stop loss. Position : Buy AUDCAD 1H PRICE : 0.9123 SL : 0.91000 TP 1 : 0.9188 TP 2 : 0.923 TP 3 : 0.09259 Good luck!
AUDCAD is at 4H support zone and there is hidden bullish divergence and trend line also work as a support.in my view is price will go up from here.
Het Traders, Here we go on AUDCAD, looking at the chart on 1W the pair broke out of a year descending channel and now making a fair turn to the upside. With a steady HH and HL he keeps the momentum and it reveal a new Bullish channel on Daily TF. However, the market just made an absolute retest back to weekly Demand zone which also serve as multiple level of...
Alright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal...
AUD-CAD broke out of the falling Narrowing wedge pattern So we are locally bullish biased And I think that after the pullback and retest We will see a move up towards the target above
Price has formed significant equal lows near a key psychological level. I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again. If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside. I like the look of this and will keep my eye...
AUDCAD long. I think price will follow the path described on the chart. This is for educational purposes only and should not be considered financial advice.
This Is JUST An IDEA. AUDCAD BULLISH BUTTERFLY PATTERNS . IN AUDCAD H4 Timeframe Have BULLISH BUTTERFLY PATTERN TAKE PROFIT Are GREEN LINES. Be joyful and give to another one.
Hello traders, we want to check the AUDCAD chart in the 4-hour time frame. After moving in a descending channel, the price has simultaneously reached the bottom of the channel and the key level of 0.90500. This level has played the role of a support level in the past and we expect this again. It will play a role for us and the price will have a correction towards...
Hey Traders, It's about time to wait for the Head and Shoulder pattern forming on the 1H TF to complete then wait for the price to successfully break above the CHoCH, aggressive trader can enter a buy while conservatives can wait for retest of the CHoCH before entering a Long position. Watchout Guys!
Hello traders! ‼️ This is my perspective of AUDCAD . Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.915000. ‼️Attention!!! Due to the fact that we have news events on CAD on Wednesday and...
testing daily and weekly double bottom support. Higher highs established on short-term chart 30m Entry 0.91.58 SL 0.9090 TP 0.9290