In this video, we delve into a comprehensive technical analysis and trading concept for AUDCAD. Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to...
Bearish Trendline at 4-Hour Time Frame: AUDCAD has been following a bearish trendline in the 4-hour time frame, indicating a prevailing downward momentum in the market. Observation of Dow Theory: Additionally, the market has been adhering to the principles of Dow Theory, reinforcing the bearish sentiment. Retracement and Rejection: A retracement up to the...
AUD-CAD was trading below The falling resistance But now we are seeing A bullish breakout so I am now locally bullish Bias and I think that we Will see a further move up!
AUDCAD Charts shows a Complex pattern in which it frequently changing trends after a small time interval. So it will be suggest to take two positions a small SHORT entry which will be hit in few hours or take LONG entry which will take more than 20 hours. Hope this helps you. Happy Trading
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...
I am expecting AUDCAD to make a move upward, thereby taking out the previous high before making way to my TP.
AUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
In this video, we embark on an in-depth analysis of the AUDCAD currency pair, with a primary focus on the existing bullish price momentum witnessed in both the 1-day (1D) timeframe. It is worth noting that the currency pair is approaching a critical support level, hinting at the potential for a forthcoming upswing. Throughout our discussion, we will delve deeply...
AUDCAD, i am Expecting down in H1 soon but it will go a little bit up to take the POI then it will fall directly down to unmitted OB.
Here is my analysis for AUDCAD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Channel: RED WK Pivot: RED AOB: WS1 CON: SBB SELL Stop: 0.85838 Stop Loss: 0.86677 TP01: 0.84999 TP02: 0.83321 DWR present as a sell setup on 16 OCT, with Channel and Pivot are red bouncing off weekly support line However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable SPX500: SELL DXY:...
AUDUSD Channel: RED WK Pivot: RED AOB: EMA10 CON: SBB SELL Stop: 0.63155 Stop Loss: 0.63778 TP01: 0.62532 TP02: 0.61286 DWR present as a sell setup on 6 OCT, with Channel and Pivot are red bouncing off EMA10 However, trade is not taken/considered SPX500: BUY DXY: SELL OIL: SELL GOLD: SELL
Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Upon examination of the bearish channel formed a few months ago, there appears to be a flag pattern in the current price which could indicate a possible reversal. It is expected that prices will remain within a narrow range in the coming weeks. With this analysis, we can pursue scalping with a relatively low level of risk.
AUDCAD, I am expecting buy from 4H POI for minimum 100 pips and maximum 200 pips in one move.
AUD-CAD was going up After the pair made a rebound From the local bottom but The pair is still in the downtrend And is trading in a below The falling resistance So after the retest I think That a move down is Very likely !
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
Here is my analysis for AUDCAD on H1 by using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!