Australian Dollar/Canadian Dollar

FXCM

AUDCAD

aledhem

possible if it turns around on this strong resistance. Any question contact me.

mohitkumawat007

Last few weeks audcad in the uptrand but now a days it create H & S pattern on 4H TF . wait for breakout and retest.................

hammaadk26

AUDCAD has created a head and shoulders pattern and has broke the neckline which I am confident it should continue bearish due to multiple confluences such as Head and shoulders pattern,Cross over on the 2 Moving Averages which indicates a downwards direction and price has broke the neckline.

Wicktator

Head and Shoulder pattern indicates trend reversal. Safe entry would be the break and retest of the neckline indicated on the chart

ToosimpleTrading

If you look you can clearly see that AUDCAD basically looks like a mirror, which tells us that it’s going to head down to complete the full reflection. + it also broke thru my trendline and retested but couldn’t go thru it so that’s why I’m shortin’ it📉✅

Trade_Simple_FX

AUDCAD H4 - I've marked on the bullish structure here because of the support significance, I think we should see a bullish reaction before breaking the neckline and potentially filling the double bottom, big fan of buying from support more so than selling from resistance, so usually catch an eye for these setups more than short setups. Just need to be patient for...

SohailFx11

Seeing a nice head and shoulders pattern, however hoping for price to go back up again to catch the short, but let's see how this one plays.

ckot01

Early head and shoulders formation, aggressive traders can enter now, or you can wait for price to go below the neckline.

ash_edwards

reversal inbound, nice head and shoulders forming plus macd about to crossover

InvMubarak1

It looks like the end of an uptrend,since a new lower hiqh has been formed plus y’all can clearly see a head and shoulders formation in the making...hit me up for account management lets catch some fvckin pips $200 upward Each week we share each profit i make,i think thats fait enough @mubarakmustee

Keanureeves

Head and shoulders at a key area suggests a trend reversal is in motion. The right shoulder also adheres to the 0.618 fib level suggesting that a downtrend has started, hence the target on the continuation.

simon909

Possible trend reversal on AUDCAD if neckline breaks.

Kai-FX

..

GemtradesFX

- Higher highs, higher lows - Rejection of TL, and golden pocket of FIB - Failure to close below 200MA on the 2HR - Buy limit at 0.95388 at the 0.618 FIB

Tanvir2020

forgot to share earlier, hope you still can catch some

therealopmet

Long

JM500

Price has fallen below the 50 Moving Average and is retesting it. I'll be waiting for a Break Out as my confirmation then Selling.

AlkalineFX

I am expecting AUD to want to continue its bearish move after breaking out of a significant uptrend. I will only be trading this if we get new structure form as illustrated, until then I will sit on my hands because we don't know for how long this small uptrend will go on for.