AUDCAD trade ideas
Incoming sells?! AUDCAD bearish sentiment Good day traders, I’m back with another setup on AudCad. Before I go into the thinking behind this setup I’d like to remind you that on the higher TF’s we still very much bearish that’s is my reasoning behind the bearish sentiment.
On Tuesday we saw price close lower to give us our high of the week but price has been disrespecting the high since Wednesday but failing to close above that high showing strength lower(Friday bearish candle). Going into the new week I believe we can expect price to keep disrespecting the high because we believe that CAD is gonna be weak but keeping the overall direction in mind(bearish) we do not wanna see price closing higher than the Tuesday’s high of the day.
4H we have shifted structure lower but price is still trading in the premium area, should price not fall below the low of previous week than we can expect manipulation higher to fill the FVG on the Weekly before continuing lower.
AUDCAD SHORT FORECAST WEEKLY DAILY 50EMA Q2 W17 D25 Y25AUDCAD SHORT FORECAST WEEKLY DAILY 50EMA Q2 W17 D25 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Trade confluences📝
✅Daily 50 EMA
✅Intraday 15' bearish breaks of structure to be created
✅Daily order block mitigated
✅Previous daily imbalance fill upon short positon
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUD/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are now examining the AUD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.879 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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#AUDCAD: 550+ Swing Sell Intraday Setup Idea! The AUDCAD has hit a major snag and is currently rejected from that area. The way the price has been moving lately has completely changed our minds, so we’re now completely bearish.
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AUDCAD Technical & Order Flow Analysis (Swing Trade)Our analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view, the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
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AUDCAD Intraday trade ideaAUDCAD Update – April 23
We got the clean pullback to 0.88139, which held beautifully and gave the bullish continuation we expected. However, price is stalling now at the key level of 0.88879.
A break above this opens up a 60-pip move to 0.89509.
We're also pressing against the top of the daily trendline structure. Watch for either a breakout or a strong rejection from this zone.
Keep this pair on your watchlist—next move is critical.
AUDCAD FORECASTGuys! We are back again after Easter holidays!
And today we are going to look on AUDCAD, It is looking very good to me as I see price from higher time frame has shown a clear signal that more of a bullish momentum is about to kick in. In this video I have just explained how I look to take this position when the market will give me a chance to get in.
Let's look it with a close eye guys! God Bless!!
Lingrid | AUDCAD shows Contraction - EXPANSION patternFX:AUDCAD market has formed a range after successfully breaking through the triangle pattern. Price broke and closed above the 0.88500 key level, confirming the bullish bias. On the daily timeframe, an engulfing candle has formed, demonstrating bullish dominance in the market. Furthermore, the price structure continues to establish higher highs and higher lows, reinforcing the uptrend. I think the market may consolidate briefly before resuming its upward trajectory toward the key resistance zone. The price is likely to respect the support level, which acts as a swap zone due to its historical significance, having been tested and respected multiple times in the past. My goal is resistance zone around 0.89000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bullish rise?AUD/CAD is reacting off the pivot and could rise to the 1st resistance.
Pivot: 0.88549
1st Support: 0.87948
1st Resistance: 0.89499
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Bullish momentum to extend?AUD/CAD has bounced off the support level which is a pullback support and could potentially rise from this level to our take profit.
Entry: 0.88518
Why we like it:
There is a pullback support level.
Stop loss: 0.87962
Why we like it:
There is a pullback support level.
Take profit: 0.89544
Why we like it:
There is an overlap resistance level that lines up with the 61.8% Fibonacci projection.
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AUDCAD Buy ForecastAUDCAD New Forecast👨💻👨💻
This is my personal trade and not in anyway a mandatory setup.
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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Thanks for your continued support!! lemme know your thoughts in the comment sec..
AUD-CAD Free Signal! Sell!
Hello,Traders!
AUD-CAD shot up sharply
But the pair failed to break
A horizontal resistance
Level of 0.8880 and we are
Already seeing a local pullback
Which is likely to turn into a
Local correction on Monday
So we can enter a short trade
With the Take Profit of 0.8779
And the Stop Loss of 0.8887
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.