Australian Dollar/Canadian Dollar

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Australian Dollar/Canadian Dollar forum


AUDCAD They'll want me to put an explanation but the markups are pretty clear.

Testing a candle's high we recently closed above, looks like it's acting as support at the moment.

If we do happen to fall into the imbalance range (blue), it will/should act as support but there is a clear set of targets above the range and we are showing no signs of bearishness--attacking daily lows-- as of the past few days.
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AUDCAD For me, the AUD looks strong across the board.
I’m preparing long setups on every AUD pair with 1:5 RR targets — here’s the full list for you to consider.
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AUDCAD
Analysis on this pair is pretty good just wait a little for good confirmation

AUDCAD buy now 0.89450
tp 0.89700
tp 0.89950
sl 0.89280


Who is shorting according to my analysis? 🚀

AUDCAD For AUD pairs, I’m waiting for them to rise before shorting, but for AUDCAD, I’d only rate my confidence at 1/3. In any case, these are still 1:5 R:R setups for the AUD pairs — feel free to take a look. Since it’s the weekend, we should observe further. I’ll analyze more and share my view if anything changes.
I’m Mr 1:5, a trader with a fixed risk–reward ratio. Follow me so you won’t miss setups like this. In just a few days, I’ve already had multiple trades hitting 5R.
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AUDCAD buy now 0.89700
tp 0.89850
tp 0.89950
sl 0.89450