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 >...
AUDCAD - BUY (by Ellalan) (E11) BY Ellalan
Daily supply above, enter on sell stop below current zone
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.
Hi guys, this evening i want to bring your attention on this scenario on AUDCAD. As you can see on the left hand side of your screen, price is now testing a key resistance zone on the daily timeframe. Also, it has created two different ab=cd patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level. RSI is in...
Hi guys, this evening i want to bring your attention on this scenario on AUDCAD. As you can see on the left hand side of your screen, price is now testing a key resistance zone on the daily timeframe. Also, it has created two different ab=cd patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level. RSI is in...
This one is pretty interesting. I will definitely look into selling the pullback or buying the breakout later in the upcoming weeks.
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.