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.
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
I'm looking at the Australian Dollar Cross Canadian Dollar pair this week. Looking back at this pair. I can see it has been very bearish over the span of 247 days, give or take. 27 Jan - 27 Sep. This massive 970+ pip range was unable to break the previous swing low resulting in a change of market structure. This shift in bullish momentum tells me those prior lows...
A Decree to Diminish the AUDCAD Ah, dear interlocutor, allow me to discourse upon the forex pair AUDCAD with the eloquence and refinement befitting our station. The pairing of the Australian Dollar (AUD) and the Canadian Dollar (CAD) is a matter of profound interest and intrigue within the realm of foreign exchange. Both currencies hold sway over vast...
This Weekly FORECAST Opportunity for AUDCAD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
AUDCAD Rallied significantly to the upside and now we are witnessing a revisit back on a major resistance zone. Here we are expecting to see a potential reversal to the downside. On the following highlighted zone we have seen a strong selling pressure on the left earlier when the price meets in this region. More importantly, the price of the AUDCAD pair has...
*note the POC on the 'Springboard' confirmation of an accumulation after breakout > retest and continuation price action that develops at the end of the structure and advances with multiple sos of strength to the top of the trading range in perfect character of Phase C to D transition which reveals the CHoCH as price looks to exit the trading range. #Wyckoff...
#AUDCAD is presently attempting to breach its resistance area, indicating a potential decline from this level. Traders may consider selling upon the emergence of a substantial red candle within this zone. Conversely, upon the occurrence of a daily or H4 bullish candle closing above the resistance level of 0.90717, we anticipate a notable upward movement of 100-150 pips.
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens...
The local trading range (mark up applied) forms a clear accumulation (springboard) on top of the resistance previous trading range, in Wyckoff Method this is referred to a 'backing up action' or 'bua' and in the instance where a trading range forms on top of a previous range this is a major sign of strength. Supply is removed from the previous high (resistance of...
The local trading range (mark up applied) forms a clear accumulation (springboard) on top of the resistance previous trading range, in Wyckoff Method this is referred to a 'backing up action' or 'bua' and in the instance where a trading range forms on top of a previous range this is a major sign of strength. Supply is removed from the previous high (resistance of...
The local trading range (mark up applied) forms a clear accumulation (springboard) on top of the resistance previous trading range, in Wyckoff Method this is referred to a 'backing up action' or 'bua' and in the instance where a trading range forms on top of a previous range this is a major sign of strength. Supply is removed from the previous high (resistance of...
#Wyckoff Method. The local trading range (mark up applied) forms a clear accumulation (springboard) on top of the resistance previous trading range, in Wyckoff Method this is referred to a 'backing up action' or 'bua' and in the instance where a trading range forms on top of a previous range this is a major sign of strength. Supply is removed from the previous...