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...
My dear friends, My technical analysis for AUDCAD is below: The market is trading on 0.9059 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8998 Recommended Stop Loss - 0.9098 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
After forming ABCD pattern, we have identified a clear divergence and plan for sell setup. If the structure break previous HL we can see a decline in the price. Key levels are defined with sell stop, TP1, Tp2 and SL. Happy trading
all analysis is based off of price action movement . everything is detailed on chart. this is not trading advise!
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.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
The AUDCAD currency pair currently finds itself in a crucial demand zone, resting at the level of 0.90300. This signifies a significant area where buyers are stepping in with increased interest, potentially indicating a shift in market sentiment. The demand level further strengthens at 0.89850, providing additional support and reinforcing the notion of buyers'...
Return tp previous level pattern crossing trigger line CCPV on MT4 cross over Ova Extended Sentiment of Traders Targets Could ic bac but has broken support already and done the retrace thing. 66.23 % chance of hitting Target 38 pips Tae Partials Trail stop closer as approaches target : ) imho
Audcad is in bearish trend as it is printed divergence
AUDCAD printed AB=CD Pattern followed by a bearish divergence on RSI. Potential Bearish shift is expected. Entry is suggested on the breakout of previous low. Stop loss on previous high. TP Levels are suggested based on RRR of 1:1 and 1:2
Confluences supporting this idea 1. bounce off the 100 MA 2. 1hr FVG 3. a liquidity pool on the sell side 4. a clear sweep of a previous day high
Scalp trade The price is in 30m, it has engineered liq, already, shefted below to notify the bears entering in a short term targeting down in the lower low of 30m. Let us see
AUDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.89791 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe, hinting a strong reversal into a Bearish trend, if...
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fulfill that huge imbalance and then to reject from trendline + institutional big figure 0.90000. Fundamental news: This week on Friday...
AUDCAD is showing BEARISH CRAB PATTERN on Dailly Time Fram looking for short on given levels for TP1 and TP2
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
Daily: - Hedge position - Solid candle close - Fib completion -27 - BIG SELLING ZONE Weekly: - Weekly -27 fib completion - Impulse and correction - BOC is reached that aligns with big selling region *High chance on bearish pullback 4H: - Waiting on 1 more 4H candle close - Deceleration