AUD/CAD +60 Pips , New Entry Added To Who Missed First One !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADAUD trade ideas
AUDCAD - Retracement for Bullish ContinuationFX:AUDCAD is moving upwards, creating higher highs and higher lows after breaking above the descending trend line supported by a previous resistance-turned-support level suggesting that the sellers may be losing control and buyers are gaining momentum!
Current price action poses a potential buying opportunity after a pullback into the “Buy Zone". The strategy is to enter a long position within this zone, with a stop loss placed below the defined support, aiming for a continuation of the newly established uptrend.
AUDCAD: Bearish Forecast & Bearish Scenario
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down.
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Trade idea - AUDCAD Long4H
Bullish impulse: indication.
Pattern within pattern: confirmation.
Inverse Head & Shoulders pattern + Bullish Fake Out flag pattern.
Clear support & resistance zone is there.
-68 Fibonacci completion aligning with entry zone.
Corrective approach towards entry zone.
= Buy limit.
1% risk.
RBA Gov Bullock speaks at 1.30 AM. Be aware.
AUDCAD CHART ANALYSISHere is our opinion on AUDCAD,as we are expecting more BULLISH MOVEMENT to around 0.90905, where our STOP LOSS is around 0.90325, the Trend on this Pair, is still UP,we also have a pullback to a Major area, we 200MA confluence on the 2hour TF,and from the DEMAND area, we have a LTF entry Confirmation. You can add this to your watch-list or Trade in the Direction of this Setup, if this matches with your IDEA. Will give update on how price plays, in the Update section.
AUDCAD Potential breakout to do downsideAUDUSD is making higher highs on the 1-hour chart, but it's important to observe that bullish momentum seems to be waning, with the slope of the upward movement beginning to flatten. As the market approaches the weekly resistance, the upper boundary of the channel, and the key psychological level at 0.9100, close attention should be paid to how the price reacts in this area. Since the price has previously rebounded from this zone, a retest of the support level is likely, especially given that the daily timeframe indicates the market has reached a critical resistance point. If a rejection candle forms, it could signal a reversal or a deeper correction. The potential target is the support level at 0.90320
AUDCAD Will Collapse! SELL!
My dear followers,
I analysed this chart on AUDCAD and concluded the following:
The market is trading on 0.9082 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9016
Safe Stop Loss - 0.9125
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Bullish reversal?AUD/CAD is falling towards the support level which is a pullback support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.90606
Why we like it:
There is a pullback support level which aligns with the 23.6% Fibonacci retracement.
Stop loss: 0.90024
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.91480
Why we like it:
There is an overlap resistance level which is slightly above the 138.2% Fibonacci extension.
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audcadhello everyone..
aud making strong move against cad.. price in weekly is close to 200ma, with rsi above 50.. so for long term price will remain bullish... daily broke the resistance 0.902... it may pull back for correction.. other than that the price target is 0.95 if price remain bullish
good luck
Clear Chance To Buy AUD/CAD And Get 200 Pips , Ready ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.