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!
The bullish channel formed has now been broken with a series of bearish candles, this is a sign of a reversal even though it is minor. There is a high probability that the bearish will continue if the price can touch the 0.618 fibo retracement area.
AUD-CAD broke the Resistance cluster of the Falling and horizontal level of 0.896 And the breakout is confirmed Because the 12H candle closed Above the cluster so now I am bullish biased And I think that the pair Will go higher up!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUD-CAD is trading in a Downtrend and the pair Is now about to retest A resistance cluster of The falling and horizontal Level at around 0.89600 From where a move Down is likely !
Here is my view for AUDCAD on H1. 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!
BLACKBULL:AUDCAD AUDCAD possible short scenarion for me .it tested supply zone you could say or resistance for me in this trade as i marked up as resistance area conflunce with ema.it got tested and broke stcature multiple times on 1H TF. i always have two entries. my second entry has not been confirmed yet. fisrt entry : Entry - 0.89937 Tp - 0.89497 Sl -...
AUDCAD is looking so beautiful on the daily TF we are expecting to see price pull back into the neck line 0.90871 before expecting a massive sell to our support level 0.86873 pips target on this trade is 300 pips plus we wait patiently for price confirmation, drop a comment on what you guys think about AUDCAD
This is for short term And this is risky too. Please DYOR before entering the trade.
Here is my view for AUDCAD on H1. 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!
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
-Dear Traders, As we have approcahed premium area we are expecting a strong bearish move to begin. Wait for today's candle to close and have a look in smaller timeframe before entering! -LIKE AND FOLLOW FOR MORE!!!
Dear Traders, we have an good selling opportunity that I think we should grab it with two hands. LIKE AND FOLLOW FOR MORE!!
Pair : AUDCAD ( Australian Dollar / Canadian Dollar ) Description : Bearish Channel in Long Time Frame as an Corrective Pattern Divergence Break of Structure , Break the S / R Level and Completed the Retracement Bullish Channel in Short Time Frame and Rejection from the Upper Trend Line Fibonacci Level - 61.80%
Currency Pair : AUDCAD Possible direction : Bearish Technical Analysis : Price has formed a double top on the daily timeframe and broken out of this double top. Tested the previous support as resistance and rejected to the downside signaling possible trend change. As from daily price action, we see possible support turns resistance and highly likely price will...
Hello Traders, Hope you all are doing good!! I expect AUDCAD to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. ...