AUDCAD is forming a symmetrical triangle which indcates a continuous pattern, AUDCAD will go bearish on breakout.
type of order: Market sell order. Let's check if we can collect profits between tomorrow and next tomorrow. Good luck.
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 is currently forming cup and handle pattern and we are expecting a break to the upside, which will give us a good opportunity for a buy side entry.
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.
A cup and handle pattern is forming on the 1H time frame which gives us a good opportunity for a nice trade.
Short Setup Entry will only be taken once D is formed completely. By the Time we would wait and watch. Lets see if Potential Reversal Zone is formed. Not a Financial Advice just DYOR
On AUD/CAD, it's nice to see a strong buying reaction at the price of 0.89960 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong uptrend and...
The pair AUDCAD seems to be bullish keeping in view the Fundamental and Technical analysis. The Fair Value Gap and Order Blocks are marked for a sniper entry setup with 1:1 risk reward. your views and comments are awaited on the analysis.
We can attempt to short AUDCAD from specified level as it break HL , trendline support , also there is bearish divergence which indicate that it move downward. SL , TP mention in chart.
Bear opportunity has arrived again. lets see if this gets down to 0.8850
Aussey interest rate stayed the same as Expected Last time it went against the AUD so assuming it will continue quick 20 pips. Ultra Metre is all red usually a good sign Heading down top order block Traders are Selling also
Hello Here we have the AUDCAD chart in the 4-hour time frame, where the price is in an ascending channel, and we expect the price to continue its upward trend until reaching the support area of 0.89224 on retrace until the key point of 0.89241. And in case of breaking the resistance zone with suitable candles, we will consider the continuation of the upward trend
AUDCAD is in a consolidating period in the 4hr timeframe and has reached a very strong resistance zone and it is probably going to touch our sopport which is a strong low at the 0.88210 zone. We also have a up trending trend in our sideways market. AUDCAD broke the trend with a reversal pattern of a double top and retested our trend to confirm the down trend.
There is a clear head and shoulders pattern on the daily chart. Lower time frames also support a bearish bias. The beginning of the right shoulder presents a great entry point. It is also a great opportunity for mean reversion traders.
AUDCAD- Possible Reversal, Sell (CMP- Once Market Opens) SL: 0.89583 TP-1: 0.89015 (1:1) TP-2: 0.88719 (1:2) TP-3: 0.88041 (1:4.5) 💡 Trade Confluence - Bearish Divergence, Key Resistance Level, 95% Bearish Sentiment
AUDCAD has broken a resistance level that has now become support, suggesting a potential upward movement towards the targets displayed on the chart. Additionally, it has reached the support line of a bullish trend channel, providing further confirmation for the continuation of the upward trend. Please note that this is merely a trading idea and not a signal. It...