AUDCAD Massive Long! BUY!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.8915
Bias - Bearish
Safe Stop Loss - 0.8899
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8943
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
CADAUD trade ideas
AUD/CAD "Aussie vs Canadian" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the AUD/CAD "Aussie vs Canadian" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 0.90400
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the AUD/CAD (Australian Dollar/Canadian Dollar) pair is: Bullish
Reasons:
Interest rate differential: The Reserve Bank of Australia's (RBA) interest rate (2.85%) is higher than the Bank of Canada's (BoC) interest rate (2.50%), making the AUD more attractive to investors.
Commodity prices: Australia is a major exporter of commodities such as iron ore, coal, and gold, which are in high demand due to the ongoing global economic growth. This is expected to support the AUD.
Economic growth: Australia's economy is expected to grow at a faster pace than Canada's, driven by the strong labor market and increasing business investment.
Trade balance: Australia's trade balance is expected to remain in surplus, driven by the strong demand for its commodities, which is expected to support the AUD.
However, it's essential to consider the following risks:
Global economic slowdown: A slowdown in global economic growth could reduce demand for commodities and negatively impact the AUD.
Canadian economic growth: Canada's economy is expected to grow at a slower pace than Australia's, but it is still expected to be driven by the strong labor market and increasing business investment.
Oil prices: Canada is a major oil exporter, and a decline in oil prices could negatively impact the CAD.
Bullish Scenario:
Interest rate differential and commodity prices support the AUD
Economic growth and trade balance support the AUD
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
AUDCAD BULLISH SHARKAUDCAD BULLISH SHARK PATTERN
The Harmonic Pattern SHOULD NOT be used in isolation.
Combine it with 2 or 3 other confirmations to have an extra edge.
(Moving average cross, Bollinger bands, RSI, stoch ... Basically any other indicator/system you're very familiar with).
- Use Proper Risk Management on each trade.
- DO NOT expose more than 3% of your capital on each trade.
All measurements in place
Fundamentals Jan 1/8/25Reviewing Fundamentals: A Key to Mastery
Reviewing the fundamentals is crucial for growth, whether you’re learning a new skill or refining an existing one. Mastering the basics gives you a solid foundation to build upon and helps avoid common mistakes. Regularly revisiting core concepts ensures you stay sharp and can adapt to more complex challenges with confidence.
No matter how advanced you become, returning to the fundamentals helps clarify any gaps in your knowledge and strengthens your overall understanding. By committing to periodic review, you’ll stay on track, improve performance, and achieve long-term success.
AUDCAD BUY OPPORTUNITY!Current Market Conditions:
** The price is currently hovering near 0.89393, close to the demand zone (yellow area: 0.89150–0.89300).
** The market is likely consolidating, as no strong bullish or bearish momentum is visible yet.
Demand Zone (Support):
** The yellow zone represents a demand zone in the 1-hour timeframe.
** Buyers are expected to enter the market when the price reaches this zone, creating upward pressure.
** The price dipping into the demand zone offers a potential buy opportunity.
Supply Zone (Resistance):
** The red zone around 0.89850–0.90000 represents a supply zone on the higher timeframe.
** When the price approaches this area, sellers may dominate, pushing the price lower.
** This zone can be used as the target for a long position.
Predicted Price Movement:
As indicated by the black arrow, the price is expected to: Move downward slightly into the demand zone.
Bounce strongly from the demand zone and head toward the supply zone.
AUDCAD Trade idea 07/01/2025Trade idea for AC:
- Still bearish on Weekly and daily timeframes but 4hr seems to be doing a pullback into c0.89733 liquidity zone retesting the previous lower high.
Based on the 4hr:
- Looking for the next 4hr candle to close bearish below the 0.89733 area of interest where we can anticipate a break below the 4hr level of interest we couldnt break yesterday 0.89509 before continuing lower (looking for a break and retest of that level or break and continuation on lower timeframes for the entry). Shown with red arrows
- Pullback to higher 4hr resistance at 0.89998 before taking sells anticipating lower lows and highs to be created down to overall target of 0.88545. Shown with black arrows
Either trade will give you a 3:1 or 7:1 risk reward.
Wait for the trade and look for confirmations to enter.
Happy Trading
Possible scenarios for AUDCADas can be seen on the chart the price has tried multiple times to break the resistance labeled as R1 but failed but still, it looks like there is bullish momentum and to benefit from that we have 2 choices first put a buy-stop order on the R1 and place the stop loss of 0.89549 but it is a bit risky for more confirmation of bullish trend it has to retest the R1 after breaking it and then to trade which is our 2nd choice if it goes in our way the next possible stop for the price is R2 which has also been marked
Analyzing AUDCAD Falling Wedge Breakout and 200+ Pips Target The forex pair AUDCAD is currently trading at 0.89700, with a target price of 0.91500, indicating an upward potential of 200+ pips. A falling wedge breakout has occurred, which is a bullish technical pattern that often signals a trend reversal or continuation of an uptrend. The breakout suggests buyers have taken control, pushing the price higher. The retesting phase has also been completed, confirming the breakout's validity and strengthening the bullish outlook. Traders often wait for retests as confirmation to enter trades with reduced risk. The target price aligns with the expected upward momentum post-breakout. With the breakout confirmed, buyers might find this setup attractive. Price action and momentum indicators should be monitored for sustained movement toward the target. Risk management is crucial, given forex volatility.
AUD/CAD DAILY CORRECTION OVER, BULLISH-LONGAUD/CAD is now finally over with the daily /weekly timeframe correction done. It is now finally time to position for long. After the inducement is grabbed and valid high is confirmed , you can position for buy from any unmitigated order flow and order block.
AUDCAD IN A SELL TRADE ATM BOTH PAIRS ARE AUCTION Week 1AUDCAD Sell Trade (Week 1)
I entered a sell trade on Friday based on the following criteria:
Unmitigated supply zone: A previously untested area of supply where sellers are likely to regain control.
Change of Character (CHOCH): A confirmed shift from a bullish to bearish structure, signaling a potential reversal.
Price is going against me but my SL zone is still at the ATR level.
Fundamental Context
Both AUD and CAD are currently in an auction phase, meaning price action shows indecision, with opportunities for both buy and sell trades. In this type of market, I remain flexible and open to adapting my bias as the structure evolves.
AUDCAD LONGThe weekly volume profile closed above the Value area high. Going into next week, I am looking for buys. I would like to see a healthy pullback to the 0.89474 area before the price buying off. Of course, I will look for extra confluence for buys, such as a price on the Daily Session Volume Profile indicating buyers' momentum.