Sell 10 lots now! Going down 75 pips!
AUD/CAD Signal Market Buy: 0,92960 Stop-Loss: 0,92360 Target 1: 0,93500 Target 2: 0,94480 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 2,53
Sell 5 Lots now. Will drop 75 pips!
When looking at AudCad on the daily chart, price has just recently left a strong bullish candle away from the weekly support level that has been formed. Considering we are showing a decisive push away from the level with a strong bullish candle, I'm waiting for more uptrend structure to form before diving into buys. If price manages to break the recent H4...
The fibonacci tool can be a great asset to your trading arsenal when looking for potential entry and take profit areas! This trade we saw a clear break in structure followed by a retest of prior resistance with a 38.2 fibonacci level to use as added confluence. Fibonacci extensions were also used to identify take profit areas!
AUDCAD Analysis: AUDCAD is making a recovery, currently price is at resistance level. Overall trend is bearish and if price shows bearish pressure from this level I will be selling. My target will be 0.96864 and 0.92558 support levels. However, if price breaks this level with full body candles, I will be buying. My target will be 0.94506.
Hello,Friends! Based on the technical analysis, and the recent minor fundamental news AUDCAD looks bearish to me overall. I think marketmakers will be pushing the pair down That is why we are going short Like and subscribe and comment my ideas if you like them!
Audcad sell The instrument is trading sideways in the support zone . Range 0.938 - 0.926. I assume a fall from the upper border with a possible breakdown downward. ————
The instrument is trading sideways in the support zone. Range 0.938 - 0.926. I assume a fall from the upper border with a possible breakdown downward. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
its looking like good support could be where I put the orange line but we'll see
This may go further south than 92.5 (TP). Use proper risk management of course. The daily ATR was a lil less than 40pips. I'm moving my initial stop of (SL 93.5) to a 10 pip trailing stop after I'm in the black by 30 pips (dependent on the volatility at that time).. Cheers!! Hope it works out. The market can do a billion different things from one min to the...
Hello,Traders! AUD-CAD hit a daily support level And we saw a bullish breakout from the falling channel Now, the pair is retesting the broken level And I am expecting a local move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!