Please view the chart for an explanation of my mark up prediction.
Hi Traders AUD/CAD Multi-Timeframe analysis (08/03/2021) H1 Chart (Strong Down) The market is approaching the resistance at 0.97252 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 0.98225 level. Support & Resistance 0.97016 0.97252 0.96877 0.98225 0.96641 0.98733 H4 Chart...
Hi Traders AUD/CAD (H3 Timeframe) A medium to high probability, entry to LONG is forming @ 0.98975 after the market found support @ 0.98225. Only the downward break of 0.98225 would cancel this bullish scenario. Trade details: Entry: 0.98975 Stop loss: 0.98225 Take profit 1: 0.99418 Take profit 2: 1.00168 Take profit 3: 1.01390 Score: 7 Strategy: Bullish Breakout
This has retraced to the point I marked out in my previous post for this pair. This was a very strong downward move so I want to let it settle before opening a long. Also MACD has dropped below 0 and EMA's have crossed lower so I want to see these turn back higher before longing. I have set TP at 1.00482, I expect a lot of resistance there and above
This is just short of the TP I set on this pair in my previous post but personally I have closed the trade, I think this is going to retrace soon as it is now overbought on 4HR and daily timeframes. It may still hit that TP but I prefer to secure the profit as a lot of AUD pairs are looking overbought. So now I will monitor this pair for a retrace to the support...
AUDCAD has run into resistance on the Monthly, Weekly, Daily and 4hr timeframes. We saw a strong rejection on January's monthly candle close and we're now seeing a retest on the 4hr supply. We have a potential to take a short from here and aim for lower lows.
Been monitoring this for a few days as it has been close to resistance. It has now risen to this resistance perfectly and if it breaks above we can enter longs. It may hold up just beneath this at first but you should keep an eye on this for a breakthrough. There is not a very clear resistance level for a TP but we can use the price of 1.00000 as this may be a...
Hi Traders AUD/CAD Signal (Daily Timeframe) A medium to high probability, entry to go LONG is forming @ 0.98993 after the market found support @ 0.97130.Only the downward break of 0.97130 would cancel this bullish scenario. Trade details: Entry: 0.98993 Stop loss: 0.97130 Take profit 1: 1.00092 Take profit 2: 1.01955 Take profit 3: 1.04992 Score: 9 Strategy:...
If not LONG, yet, buy it up right here!! This is a continuation LONG from the previous post;
AUDCAD, price action tells further above, long
December was a strong month for Aud also against its Canadian counterpart and AudCad reached a top above 0.98 Now the pair broke under trend line support and confirmed this break. Yesterday we also have a lower high and I expect a correction from this pair once 0.98 support is broken. Sell rallies can be a good strategy
For the past 6 months or so, AudCad traded in a range between 0.97 and 0.93 (more or less). Now the pair just made the first leg down from the top of the range and I expect this drop to continue. Sell rallies is my strategy and 0.9520-0.9550 should provide a good sell zone. My outlook is bearish as long as the pair is under 0.9650 on a daily close bases
AUDCAD Is gradually declining within a downward channel and we can see the slowing of bullish momentum around 0.96500 and started its downward journey. After some minor fall another rising channel was formed and its collapsed towards 0.94000 and managed to reach around 0.96000. For the past two days its in uptrend as the CAD is relatively weak against AUD AUDCAD...
Check for the SHORT Entry then ride it down hard, like a rented mule!
... just follow the arrows!
AUDCAD (1.10.2020) BUY ENTRY 0.95750 SL. 0.95091 TP1 0.96080 TP2 0.96409 TP3 0.96739 TP4 0.97069 BELUM ADA AKAUN? Boleh buka akaun under broker liteforex kat sini www.sabahforex.com