The AUDCAD pair has reached a critical support level, marked by this horizontal line on our chart that corresponds to a previous daily open/close. The price is clearly overextended and we expect a correction soon. A potential trade setup may arise later today when the Canadian GDP data is announced. If the data is positive for the CAD, this could offer a good sell...
Hello Traders! This is my forecast for AUDCAD H1. I expect a bullish move on H1 if the retracement will be valid. I expect a rise until the OB around the price of 0.89700. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
As you can see clearly the price was moving in a bullish momentum, then began to forming a double top pattern, then broke out the support zone and returning to test it, currently we are starting to see reactions from sellers, so I expect a decrease in the price of the Australian dollar against the Canadian dollar.
Looking for Impulse Down. AudCad will start to move down soon. AudCad cleared stops and made a displacement to move down. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments. Learn & Earn! Wave Trader Pro
the price created a pattern of double top and the neckline is broken so we can enter sell trade now
Waiting for an entry pattern at 0.88984 area to short AUDCAD back to key 4H level at 0.87476 If you agree drop a like and if you have any questions leave a comment :)
Hello Traders! This is My idea related to AUDCAD H4. A very nice retracement from the OB, I expect a strong bullish move until the OB at the price of 0.89600. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and...
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Audcad sell nothing really to say everything is in the video!! lets see how this plays out london session *waiting on the huge melt down lol hope you guys enjoy1!
* *AUDCAD shor update price is making lower lows and lower highs . *Trade is going perfectfly as planned *
My analysis of AUDCAD shows that sellers are in control * AUDCAD is bearish
Audcad broke structure bullish before market close friday 1/5/24 so i got out of sells and follower price because i was expecting a daily pullback to the upside and rejction back to the downside. * Price is now showing us daily pull back and rejection as expected but faster than expect so i did what a trader is supposed to do ADAPT! ill keep you guys updated.
(Audcad long- and short-term analysis) I wanted to show you guys my whole thought process through Audcad so you guys can watch how this plays out. * as traders we cannot predict the market but we can take what its giving us and run with it.
Hey guys! its your girl Forex Potatoe on the charts again and here is a breakdown of my analysis for AUDCAD. AUDCAD has been in a prolonged downtrend for a long time coming, Weekly and Daily Timeframe is currently in a downtrend with 4H in an uptrend. Since the longer term timeframe is downtrend and 4H in an uptrend(apparently having a pull back). We would be...
Hello TradingView community! I'm excited to share my Elliott Wave analysis of AUDCAD, which is currently showing a notable sell opportunity. As an avid follower of Elliott Wave theory, I've been closely monitoring AUDCAD and have gathered some key insights. From my comprehensive analysis, it's evident that AUDCAD has completed its bullish phase, typically...
Hello TradingView community! I'm excited to share my Elliott Wave analysis on AUDCAD, which is currently showing a significant sell opportunity. As someone deeply interested in Elliott Wave theory, I've been thoroughly analyzing AUDCAD's chart and here's my perspective. Through my in-depth analysis, it's become apparent that AUDCAD has completed its bullish...