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Audcadsignal

AUD/CAD Monthly!!!!There are a few confluences that make the situation interesting with this pair. Confluences: 1. Price is over extended when price is over extended we can expect a retracement 2.We have the shoulder, head and_____ we can expect the completion of the head and shoulders. With the movement that we expecting the patter will be complete. 3. M formation We can expect the retracement to the neckline for the completion of the pattern 4.The .618 fibanacci retracement is in confluence with structure specifically with the neckline With all the confluences that we have in our favor we can expect the price to make the retracement to the .618 Fibonacci level. THIS IS ONLY A ANALYSIS FOR DIRECTION OF THE PRICE ONLY. FOR ENTRIES USE YOUR OWN RULES IN LOWER TIME FRAMES. THANK YOU FOR YOUR SUPPORT.
Long
by Wiiso
AUDCAD Technical Analysis H1 Welcome back Traders, Investors, and Community! Hi Traders, AUDCAD on H1 has been making HHs and HLs. It also has broken above the Resistance line and retested it. Before going up it might go to around 0.93150 and then goes higher to 0.93470 ⬆️Buy now or Buy at 0.93150 ⭕️SL @ 0.93084 ✅TP1 @ 0.93470 ✅TP2 @ 0.93765 ✅TP3 @ 0.93937 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Long
by Fibonacci-Signals
AUDCAD long trade signal - multi-timeframe analysisthe complete setup for AUDCAD in the monthly time frame and following the strategy about support and resistance strategy. we found the price moving in the down channel but there is a historical important support area in the monthly timeframe, so we should respect it. in the weekly timeframe, we couldn't admit that the price rejects the support area so we moved to the daily chart. we found a strong uptrend and that trend is broken trying to reach the bottom of the highest high of the uptrend and that is what the market did. so from this point, we are expecting the price will reject this area after the backtest and going up. moving to the COT report we found a huge volume for selling CAD currency, so we decided to buy AUDCAD. TRUST THE PROCESS #EG-Finance
Long
by UnknownUnicorn9076755
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