Utilizing the daily timeframe as the cornerstone of this analysis, an opportune moment presents itself to engage in a sell position at the prevailing resistance level. Embracing calculated risk, I anticipate potential downside movement in the imminent days. Let us observe with keen interest the unfolding dynamics of the market and discern the outcome of this...
the pair has reached the profit target and now it feels we may a move back towards 0.8985 again. However, do not rush it, and carefully place the BUY. Strategy BUY @ 0.8902-0.8905 and take profit @ 0.8980 for now. SL below 0.8875. Over all we may see much lower levels in time so play it careful.
after the price hit a strong area of supp the price gave a very good bullish price action so we can enter a buy trade now
AUDCAD approaching Supply Level on Higher Time Frame, possible Short.
Looking for FMG setup for longs, every sign and indicator is focused on buys and longs! looking to shoot for longs. High risk to reward! This setup doesn't happen often, so lets take it when we can.
Hello friends In the currency pair AUD CAD we see the formation of a 5-wave pattern. Waves 1, 2, 3 and 4 have been completed. Wave 5 is also from 5 micro waves will be formed, whose waves 1, 2 and 3 are clearly formed. Therefore, we are waiting for the completion of wave 4 and then the start of wave 5 of 5. This correction in the dominant wave 4 of 5 can last up...
I am looking at going long on AudCad as it is bouncing off the strong support/resistance zone and the support trend line. My setup will be invalid should the trade close below 0.88000
✅AUD_CAD is going down Now but the pair is trading Along the rising support And after the retest We will be expecting A local bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
if AUDCAD continues to go down and breaks it's Support 2 then you can go for short on given levels SellStop @ 0.88315 Stop Loss 0.88458 Take Profit 0.88112
analysis for the AUD/CAD market: --- **Entry Price:** 0.88598 **Take Profit Level:** 0.88202 **Stop Loss:** 0.88727 **Analysis Summary:** The AUD/CAD pair is poised for a trading opportunity. The entry point is set at **0.88598**, with a take profit target at **0.88202**, indicating a bearish perspective. The stop loss is placed at **0.88727** to protect...
I am looking to go long on Audcad if it breaks the resistance trend line and retests the support zone. If it breaks the support and the trend line below, I will be looking for short opportunities
I'm looking at the Australian Dollar Cross Canadian Dollar pair this week. Looking back at this pair. I can see it has been very bearish over the span of 247 days, give or take. 27 Jan - 27 Sep. This massive 970+ pip range was unable to break the previous swing low resulting in a change of market structure. This shift in bullish momentum tells me those prior lows...
Using the BBMA Strategy by OA, a Re-Entry Long in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 1H - Re-Entry 15m- 50 EMA Rejection + Extreme long 5m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close below MAHI in 1H * 1:3 RRR *...
Hello,Traders! AUD-CAD is falling down But will soon hit a horizontal Support line and after the Retest we are likely to see A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Follow the channel & ride the wave! Trade within the channel.
We can attempt to buy AUDCAD at HL (also 0.5 FIB , EMA 100 intact). SL , TP mention in chart Analysis at 4 hour
Please, check our technical outlook for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.890. The above observations make me that the market will inevitably achieve 0.899 level. P.S We determine oversold/overbought condition with RSI...