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CANADIAN DOLLAR / AUSTRALIAN DOLLAR

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CADAUD trade ideas

AUDCAD Bullish ContinuationAUDCAD price seems to exhibit signs of Bullish continuation. Bulls may eventually face a strong resistance zone around 0.9408 till 0.95485. If there is considerable Bullish momentum in this price zone, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls. After the Bulls surf the potential wave till TP1, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels which increases the importance of moving SL to Break Even if TP1 hits. Till then, opportunity may be seized by the Bulls. Trade Plan Entry @ 0.92795 OR CMP Stop Loss @ 0.9179 TP1 @ 0.9381 TP2 @ 0.9482 No. of Trades: 2 Move SL to Break Even if TP1 hits.
Long
by LevelsBySBT
1
AUDCAD "Aussie-Loonie" Bank Money Heist Plan on Bearish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist AUDCAD "Aussie-Loonie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss 🛑: Recent Swing High using 2h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Short
by Thief_Trader
AUDCAD: Leveraging Probabilities for Strategic Long PositionsKey Fundamentals Supporting Bullish Bias: - Recent strength in commodity prices, particularly iron ore, benefiting Australia's export-driven economy - Expectations of a less hawkish stance from the Reserve Bank of Australia, potentially supporting economic growth - Relative weakness in the Canadian dollar due to concerns over the housing market and oil price volatility By utilizing probabilities in chart analysis, I can identify optimal entry points for AUDCAD longs while managing risk effectively. This approach allows for a more systematic trading strategy, aligning with the current bullish bias in the AUDCAD pair. 12M: 2W: HOURLY TF:
Long
by Jasminex1x2
AUDCAD Will Move Higher! Long! Here is our detailed technical review for AUDCAD. Time Frame: 15m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.929. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.931 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUDCAD - Technical Analysis [Short Setup]🔹 AUDCAD Analysis on 1H chart - The current Trend is BULLISH - There is BEARISH divergences - Reversal pattern is present which is rising wedge 🔹 Trade Plan - Entry Level = 0.93494 - Stop Loss = 0.93746 - TP1 = 0.93264 - TP2 = 0.93008 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Short
by Bountysoul