Audcadanalysis
AUD/CAD Create ab=cd Pattern......SELL
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AUDCAD Trade IdeaQuasimodo Pattern sited! A great opportunity for buyers to get in at a good price.
In this video, I walk you through the setup so that you learn to do it on your own.
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This will probably play out Sun/Mon. Would be nice to start the week with a banger trade, eh?!!
Wait for complete consolidation pattern, confirm uptrend AUDCADH1 time frame.
Structure: Break downtrend, break key level.
Wait for complete consolidation pattern and confirm uptrend to buy.
Target is next resistance at 0.94000.
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Wish you all have a good trading day!
AUD/CAD:UPDATE SWING FIBO TRIGGER|BEARISH|SHORT SETUP🔔Trigger Reached .
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AUDCAD AnalysisPrice is currently trading within and continuing to form a decending widening wedge (which still hold even on the D1). I made a further analysis on the H4 and foound that price has formed a decending widening wedge too. We are currently nullish from a second resistance trrendline touch. I believe price will continue long until it gives us the third touch on the resistance trendline, before dropping again. On the third support line touch, I expect price will give us an impulse move up (assuming price doesnt break below. In the meantime, I will be looking potential entry opportunities to ride the wave up.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
#Trade_Like_A_Magnate
AUD/CAD:DOWNTREND CONTINUATION|TECHNICAL+FIBO ANALISYS|SHORT🔔Welcome back Traders, Investors, and Community!
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