AUDCAD Sellside deliverySELLSIDE DELIVERY PROJECTED
Investors and traders eyeing the AUD/CAD pair are in for an intriguing ride! The trend for the Australian Dollar against the Canadian Dollar hints at an exhilarating opportunity for profit. With recent market analysis and indicators pointing towards a potential bearish surge to the AUD/CAD
Aucad
AUDCAD Investment Plan - 30/Dec/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing the current correction in LTF.
Look for your SELL setups.
Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
AUDCAD > The Strong Key Levels for Entries!!Analysis of #AUDCAD
Looking at the chart you can see I have highlighted two places one for sell and one for buy.
>> let's talk about the sell entry first, simple previous support now turned to resistance, if the market comes to test the zone I will then look for a valid sell entry that meets my rules.
>> now to the buy entry, simple demand zone entry as you can see on my chart, if the market comes to test my demand zone I will then look for a buy if the rules are met
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
AUD/CAD continue with the Uptrend ☝️On AUD/CAD is nice to see strong buying reaction from the price 0.92050 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong buying activity + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
AUDCADBullish Indicators:
1) Double bottom
2) Support at 0.91131
Bearish Indicators:
1) LL LH
2) Downward Trend
3) Descending upper trendline
4) Resistance at 0.91752 Fib level 23.30%
Plan A: One can take long position on the breaking of descending upper trendline for the target of 0.92290.
Plan B: On the breaking of support level 0.91131 one can take short position for the target of 0.90658.
AUDCAD S/R zones for this week For this week i will be watching this two significant volume clusters.
First is around 0.8828... There can you see after accumulation strong sell off...
Second one is around 0.8862..
Reasons for short is :
1. Trend down
2. Volume cluster
For more reasons and trading tips for this week watch my FREE video with Weekly ideas .
Happy trading
Dale
AUDCAD: Price At Sell ZonePrice has broken below the uptrend it was moving, and has retraced into a corrective structure to the upper parallel of a downsloping median line. That's a great level to watch for a short setup in a lower timeframe. I will personally use a new median line set but i will aim for the median line of the larger pitchfork. In any case a sell setup at the current level is a high probability one..
AUDCAD triangle forming on the dailyHi all,
On the AUDUSD we can clearly see a triangle forming.
I am expecting one of four things to happen:
1: A breakout to the upside, followed by a direct move up
2. A breakout to the upside, followed by a small move up and then a retracement back down to the trendline. From here the price should bounce and go up again
3: A breakout to the downside, followed by a direct move down
4: A breakout to the downside, followed by a small move down and then a retracement back up to the trendline. From here the price should bounce and down up again
Best of luck!