AUD/CAD Short • If price corrects and a tight flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/JPY Short • If price impulses down below our...
AUD CAD Forecast For the session ahead on Friday. In this Forecast i will be going over how there's many confluences showing that we could take out the previous daily candle high of liquidity. As over the last few days AUD has gained more power of the CAD for now so as long as the power stays i don't see why it won't keep going up. The Forecast will either be...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD: Another Update Ahead of The CAD Employment Data After AUD tested an old area of support where it was during the previous month as we can see on the daily chart the price stopped and it is already showing strength. Also during the previous week, AUD didn't stop the bullish volume despite CAD being still strong. I am expecting only any slight bearish...
AUDCAD Forecast Clearly we're selling off from a major level at the highs on the 4 hour time frame showing us a clear trend to follow, Unless the AUD gains substantial power over the cad in the coming weeks ahead I can see the trend continuing to the down side! Any pull backs in the mean time like we're seeing right now as I record this forecast would be a...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Price has made a pullback to a key overlap resistance level at 0.8827 which also happens to be a previous 78.6% fbonacci retracement that was broken. It's worth noting that there is strong bearish momentum from the bearish Ichimoku cloud and the lower highs being made by price. A drop from here could see prices drop all the way to the major swing low at...
As per my previous analysis i was anticipating a BUY for AUDCAD, the market has triggered my BUY, may the momentum be with us
Hello everyone! From Sunday on I'll do the weekly Setup Sundays again, due to my holiday I wasn't able to do it any sooner than Today. Anyway, The charts are looking fire again for this week, and probably the next week too. A lot of new opportunities have come up and a lot of things have happened in the last week. There were even some things that I didn't expect...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Now that price has broken bearish structures we have to WAIT for some type of retest to confirm that flip. Once confirmations are there I'll be hopping in for a long entry! We'll see how this set up plays out. It's definitely at the top of my watchlist !
Welcome back! Let me know your thoughts in the comments! ** AUDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Just a quick breakdown on the trades I took earlier! Price is clearly bearish so sticking to trend is a must! As long as price continues to respect structures we should expect price to continue dumping. I do see price being bearish for the new week until we get some type of flip around 87870. 2:6rr set ups went well.
Price broke below a significant area of support. If price tests that new level of resistance and respects it, we have a really nice set up to the downside with a tight Stop to capitalize on for next few days. Happy Trading Everybody.
in this form we would see the history repeats itself and gave us a great buy setup
In today's video we're looking at a structure-bases CTS trade. CTS stands for Combined Technical Score & it was a method taught to me by my trading mentors as a way to stay consistent with what we're looking at & with what we value in the market by creating a list of technical factors & assigning them a point score. I'll also show you how I go about identifying...
AUDCAD is moving to the downside in what is a strong corrective phase in the mkt.
Managed to get into a short position where price than dumped. We could expect those bearish structures to continue so I would definitely look for price to pullback before going short again. A1 risk management has me up for the week. I'll personally look for another 1:3rr on Audcad.