The price retested the long-term resistance level at 0.90410 several times. If the resistance holds again, we may see a reversal in the trend and a retest of the support level at 0.89118, or even the support level at 0.88045. NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes. Let me know in the comment section below if...
LOOKING FOR SELL opportunities on after the break of the previous low , until that happens ill sit on my hands n wait
The pair starts feeling heavy, and the chances of lower GOLD price and steady OIL at the lower level,s may push it through the GANN support 0.9020 area. The AO also is negative, helping the strategy work perhaps. Strategy SELL @ 0.9010 - 0.9035 and place SL above 0.9065. Profit order @ 0.8907.
AUDCAD current trend is bullish, sentiments 91% bearish, bearish divergence, break of lower line of bullish channel and retested, so there is possibility for reversal, trade plan mentioned on the chart.
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.
AUDCAD has completed the ABCD reversal pattern, a bearish divergence has formed, waiting for breakout of HL for a trend reversal. Therefore, a sell stop placed just below the previous HL.
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
AUDCAD is currently trading in descending triangle and it is expected to break down, we will take short entry after the break of pole low keeping the stop loss at the high of pole.
We can observe completion AB=CD. At PRZ we can observe divergence so we can take entry at the break of LH .
A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...