Dear Traders, Tonight due to news price took out the sell side liquidity, price rebounded from key level and currently looking at our price going up towards our target. Use proper risk management. Good Luck.
Hi Traders ! On Friday 19 April, The AUDCAD Reached The Support Level (0.88012 - 0.88194). The Price Broke The Last Lower High (Choch). So, I Predict a Bullish Move 📈. ------------- TARGET: 0.89430🎯
I'm going to wait to see if we get a push higher and then wait for the retracement for a buy to the big sell off area
AUDCAD successfully surpassed and closed below an important intraday horizontal support last week. Following this breakout, the market retraced back to retest the previously broken level. The bearish response to this retest suggests that there is a strong likelihood for the downtrend to persist. The targets for this decline are set at 0.8800 and 0.8760.
AUD CAD PRICE WILL BE DOWN FALL TILL MARKED PRICE LINE make a short entry as shown in the picture follow for more live updates...
AUDCAD was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...
I posted this idea a while back... Lets see if all 3 targets are going to hit like last time...
AUDCAD is in an uptrend in the 4-hour timeframe and seems to be following a rising channel. In the short-term, it was in a downtrend in the 1-hour timeframe, where it was respecting a downward trendline. The price was unable to break the lower line of the channel and formed a very strong hammer candle. It went ahead and broke out of the downward trendline. I see...
🕵️♂️ Let's dive into analyzing the Australian Dollar against the Canadian Dollar and see how they compare to each other. We'll focus on lower timeframes for this analysis. 📅 As we start the first day of the week, the market has just opened, and traders are awaiting the American session for their trading activities. Typically, we see increased volume during this...
AUDCAD is in a Bearish Channel. D1 is an Engulfing Candle which means sellers are in power Bearish Channel/Flag in 1H
All trades are based on pure price action. i do a top down analysis to gain weekly, daily bias. i then use 4 hour price action with 1 hour time frame for entry.. ACTION ,CORRECTION ,REACTION. these ideas are not trading advice. i am not a professional trader.
Price could possibly break back above to fill the range. Looking for a break and close above the resistance level at 0.88495, then waiting for a minor pullback to retest the level before placing a buy order to fill the range. Ideally I would prefer to see price continue to the downside with a break and close below the 0.88220 level, as current trend is...
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...
AUDCAD May Rise Again From The Support Zone Technical Analysis: AUDCAD is close to a strong support zone. We may see the price rising again from this area given that the bigger picture is showing for a possible bigger pattern. The current zone is also a very dense volume zone and has been tested several times in the past.All these details can push the price...
Greetings, everyone! We’re back with a fresh analysis, and I’m currently seeking a buying opportunity in the OANDA:AUDCAD pair, the price reaches the extreme zone and respond, it presents a highly favorable buying opportunity,
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any