you can go long now or wait for break current resistance (Red Arrow) and go long with retest - General Trend is Up Trend - Current Resistance Retested before so may be broken with the weak of CAD - if price fail to break current resistence area it may pull-back to create higher low at area 50:61 fibo (Blue Arrow) have fun :)
Audcad buys weekly demand tested and continuing the bullish sentiment from 0.9125 to 0.9250 to close trade.
As you can see , AUDCAD is so close to our profit target and we closed it manually and we made RRR : 8 and that was awesome ! We did a great Jobbbb !!!!!
As you can see AUDCAD is still on uptrend. And I'm waiting for retest on fib 0.618 level. I hope you can see what I see too. The analysis is provided for educational purposes only. Be aware of the potential risk of loss before making your own trading decision.
Seeing the market complete a downtrend and exhausted to change direction into an upward trend
H4 PRICE BIAS is bullish. As price is heading higher. H1 TF, price will pull back into the horizontal level that was tested multiple times. Set a long trade at the horizontal level with SL below the h1 swing low. Targeting Daily swing high. Basic break and retest strategy
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
The long-term channel remains bullish, although we're distant from the lower band. However, the mid-term bullish trend has been broken, and a short-term bearish channel is evident. We're currently near a pivot and a reversal point, making this a potential first entry point around 0.9038. Another significant zone to watch is around the cluster of daily...
I had a small loss today but this was my A plus set up trade. We had a reaction on the FVG at 10am. This is a ICT concept trade.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
OANDA:AUDCAD Another way to see Weekly SNR!!! Hope this helps somebody out there... You just have to see how price action reacts with these zone to help you place your trades.
Watch price action on lower timeframe for sells. Price trades on a daily Orderblock
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
AUD/CAD is a so-called commodity currency pair is heavily reliant on commodity prices around the world. While Australia is the world's biggest exporter of iron ore, coal and aluminium oxide and one of the biggest exporters of petroleum gas and gold, Canada depends on its exports of crude oil, gold, sawn wood and raw aluminium. Any major price fluctuations of...
Market Structure Bullish on HTF Both Weekly and Daily at same AOi Weekly Rejection at AOi Daily Rejection at AOi Around psychological Level Daily Previous Structure Point H4 EMA Retest Candle stick Rejection SOS 1:4.55% Entry Signal 100% A REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
my opinion abot aud/ cad in 4 h i think markt is risiing
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCAD has been overall bullish, trading within the rising wedge in red. At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone. Moreover, it is retesting a strong resistance zone in blue. 🏹 Thus, the highlighted red circle...
Hello traders, we want to check the AUDCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.89800. Good luck