Looking goodBullish flag after a double bottom. The breakout can happen at any time soon. My SL is relative, actually if the pair drop to the bottom of the flag I'll buy more.
CADAUD trade ideas
AUD And GBP ReviewHello,
Our general outlook on AUD and GBP are for a buy.
Currently AUD is on standby as the BUYER has not yet breached the current S&R and is ranging.
GBP has some buyer activity but we are still in sellers territory.
Both trades will need time to Mature.
Fundamental Analysis 10/22/24Hello,
Today our STRONG currencies are:
AUD
JPY
On the WEAK side we have:
CAD
CHF
EUR
JPY
USD
NZD
I DO NOT KNOW WHY PEOPLE STILL WANT TO BUY AUD/CADhello everyone,as we can see from 1 day time frame price has already reach supply zone and now price is heading toward demand zone,only selling opportunity are good now.
AUD/CAD - Easy Bullish Momentum for 100 pip rangeAUD/CAD seems to be developing a falling wedge pattern, and alongside a double bottom, it has bounced off a key demand zone. Given these confirmations, I anticipate a strong likelihood of bullish momentum that could propel the price upward by at least 100 pips to reach the daily range. Easy 1:3 RR trade.
AUDCADAUDCAD is showing reversal with divergence in RSI , it break its last HL along trendline
sell with sl above recent high
AUDCAD / H1 / SHORTAUDCAD may experience a downturn from the Bearish Order Block
Bearish Order Block:
0.92801 - 0.92616
Bullish Order Block:
0.92069 - 0.91963
The price is approaching the Bearish Order Block, and based on the current market setup, there is a likelihood that AUDCAD will decline once it reaches this area. However, if the price reverses toward the Bullish Order Block, we can expect upward momentum. Let’s monitor how the price reacts after touching the Bearish OB.
Entry Limit Price :- 0.92613
Take profit :- 0.92265
Stop Loss :- 0.92961
AUDCAD bullish scenario Trend on the 4h and 1h is clearly bullish, if price can break through 0.9250 resistance that would give us a full confirmation for this pair, stay alert.
AUDCAD BEARS4 hour chart, price retracing the POI supply zone. M15, wait for rejection candlestick on the supply zone. For entry, the M1 should close below 40EMA
AUD_CAD POTENTIAL LONG|
✅AUD_CAD is set to retest a
Strong support level below at 0.9180
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 0.9260
LONG🚀
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AUDCAD Ready to go back upVolumetric void marked on the chart near moving averages, surely the market will visit this area below.
From there it could be a good area to start again.
The only negative side is news that will come out in a few hours, I don't like trading pre-news but I find this setup interesting.
we'll see.
Turtle Soup ICT concept We have a great chart Marked up.As the North American session begins, the AUD is the strongest and the CAD is the weakest. The ECB will announce its rate decision at 8:15 AM ET, with the expectation for a 25 basis point decline
ECB expected to lower deposit rate by 25 basis points from 3.50% to 3.25%, with markets pricing nearly a 100% chance of this outcome.
The sentiment has swayed to a cut after the ECB pattern was to cut in June, no cut in July and cut in Septembers .
September PMI data was much worse than expected which started the sway.
Inflation for September contributed to this dovish outlook with the headline falling to 1.8% from 2.2% and the core falling to 2.7% from 2.8% .
A number of ECB members have hinted at the cut
AUDCAD - Short active !!Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action from here as price filled the imbalance and rejected from OB.
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Potential upside from the bottom of the channelPotential upside from the bottom of the channel
I will be looking to position myself with my students and followers as highlighted on the chart if we get the confirmation.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
AUD/CADas we can see from aud/cad daily time frame there is a market shift that happen when price break previous demand zone.when we take a look at 4 hour time frame,price is heading towards supply zone a good area for bears to enter in the market .we can wait for the change of character to happen in 30 minutes so that we can enter in the market by selling aud/cad and targeting 4 hour demand zone.thanks you to be here,follow me for more analysis.
AUDCAD as Bearish SetupThe market has been running in a range zone for a long time The market has been moving sideways within a range for a long time. There have been a few false breakouts, but overall the market has stayed within its range. Breakouts can be seen. Now the price is at a resistance level where rejection of the market is confirmed by the closing of the market at the same level. Target is mentioned as the next support area.
AUDCAD Will Go Down! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.925.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.917 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDCAD complete the down pattern For this pair trade with H4 pattern. H4 should be trade below Simple Moving Average 50.
Possible short on AUD/CADThere is a lot of internal liquidity to take and also there is a huge gap that should be filled, so I set the first target on the beginning of the GAP an the second Target on the beginning of the order block, or what I consider order block. I think that could start a short because the price is arrived in a upper order block, and also for my past analysis I think that this pair is in a bearish configuration on a large time frame.
here is a free signal, waiting for a confirmationthis is how I plan to trade this pair, my confirmation will be a 4hr candle close below 0.92507...
AudCad Trade UpdateAC longs from yesterday are playing out as planned with price respecting the flip within the range. We can expect price to eventually tap back into the resistance level above. I'll personally be closing the trade once and if price can tap the alarm I have above. It's Friday, based on my trading journal for the past couple of years most of my trades don't hit targets too often. Some set ups just float in profit with no volume or I just end up getting caught in a range so to avoid all of that I'll close early. Ending another week with more than 3% secured.
