Australian Dollar/Canadian Dollar AUDCAD

There has been a break of the counter trend line. I am looking for a bullish confirmation candlestick pattern at the blue line. This is a support and Fibonacci zone as well as a trend line. If there is a confirmation candlestick pattern I will go long.

H4: - Structure: Uptrend -Tendency: Upward - Strong bullish candle --> Buy

After a larger triple bottom on the weekly completed we now have this uptrending market from a reversal. I can see this continuing being supported with a lovely up trend and a trending well market using support and resistance on its way to the upside.

E6 STRUCTURE 38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS

After watching the market push up during yesterdays AUD news, RSI went extremely over bought up at 97 The market then put in a nice Double Top right at that major 9700 even handle. On the retest we saw some nice bearish divergence on the RSI so I got involved as soon as we had the valid retest signal. Stops and targets as per the short position indicator.

There's a crab formation. The goals are indicated on the chart.

Rejection on horizontal support line on a down trend. signalling a short.

Once again price is testing the upper resistance trendline (red) of this bearish channel which started back in June. Yesterday we closed the gap (circled). This is also a weekly resistance level so it is likely we could have a very nice short opportunity here with a target of the lower supportive trendline (green) around the 0.90500 price level. We did get some ...

The Aussie has been on a downtrend for a while now and it looks like it is going to resume. If it can break below the blue line we can target the previous low.

AUDCAD is very close to the support line and the longbuylongsell indicator and profit Maximizer indicator shows in 5min 15min 30min the upmove is likely after it touches the support .it will bounce back from here. Background color is still red so it has to become green to confirm the buy entry. Related scripts here below in "Related ideas section"

Since July this year AUD/CAD is in an downtrend channel. Likely, it will touch 0.93 and go down to around 0.90-0.905. AUD had some up movement because of lower oil price. (CAD red line at currency indicator, AUD green line)

Firstly, the Ichimoku Cloud indicator shows how the pair as in a strong downtrend as the cloud is both red and is wide. Secondly, the price is about to hit a well respected trend line where it was only broken once and after checking I realised on that day it could have been due to news as there was a lot of high impact news. A Fibonacci I drew from the previous ...

Micro head and shoulders patterned formed and a retest of TL.

This is the same trade as the sell limit posted earlier this week, now is a good time to enter for a good reward to risk of 4:1. - For example= risk £20 to make £80

Clear trend line break... It also has all of the supporting elements of RSI line break, MACD line break and divergence on both. Price has been rejected, shown in the form of a pin bar.

Trends are not easy to spot when they're developing. I'm sure I looked at AUDCAD many times across several time frames in last 80 days. Now I'm seeing the trend on 12H better, having missed the boat several times! Jeeez this is so annoying! I suspect that several times I must have thought, "Nah.. it's about to reverse soon." - and just ignored it very swiftly. ...

Fundamental are pointing towards AUD strength for coming few months Estimated time to hit TP - 12 weeks Estimated time to hit SL -2 weeks RR 1:2.84 Entry-0.09314 SL-0.92664 TP- 0.97052

AUDCAD possible short if break of wedge to the downside