I'm waiting for the red line support break. After that, expect the price to continue to drop. GG
Hey Traders, It's about time to wait for the Head and Shoulder pattern forming on the 1H TF to complete then wait for the price to successfully break above the CHoCH, aggressive trader can enter a buy while conservatives can wait for retest of the CHoCH before entering a Long position. Watchout Guys!
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.91, as we noticed in the chart we are approaching an important demand zone on Daily time frame so we will see how the price action will be once we reach it. i want also to confirm this trade by taking a look at the stock market, especially American indices as they...
Looking at the H4 chart, my overall bias for AUDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.92276, where the overlap resistance and 23.6% Fibonacci line is. Stop loss will be at 0.93114, where the overlap resistance and 50% Fibonacci line is. Take profit will be at ...
Price rejected off 0.9500 creating a double top and just broke out zone 0.9400-0.9500. weekly close below 0.9400 after leaving demand zone 0.9200-0.9300. while loading in the zone the p.a gave a bearish continuation pattern price created a new low. price may retrace to 0.9200 but i believe bears are in control at the moment
Hi Traders, Please check this setup on AUDCAD out and get prepared to long on either of the scenario that gets executed. Being Patient is key in this setup.
The AUDCAD price is in Descending Triangle Pattern🧐 The Resistance Line is broken 🔥 so, i predict a bullish move 📉i'm Waiting for a retest 🧐 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
Hi all, We are looking at selling the AUDCAD, using the inverse head and should pattern forming on the Monthly. Hence the size of the Stop loss. This is not a day trade so would require alot of patient. I will post the M1 Setup on here for your ref. Entry, sl and tp marked. like, comment and follow.
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.92500 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
As we discussed on the yesterday's live stream, AUDCAD looks very bearish: the price has broken 2 rising trend line on a daily, formed a double top and broke its neckline as well. The price is retesting the confluence zone based on the broken structure. Probabilities are high that the pair will drop soon. Goals: 0.924 / 0.916 ❤️Please, support my work with...
Looking at the H4 chart, my overall bias for AUDCAD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 0.93032, for price to break the minor low to ride the bearish momentum. Stop loss will be at 0.93802, where the overlap resistance is. Take profit will be at 0.91709, where the overlap...
Looking at the H4 chart, my overall bias for AUDCAD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 0.93032, for price to break the minor low to ride the bearish momentum. Stop loss will be at 0.93802, where the overlap resistance is. Take profit will be at 0.91709, where the overlap...
This is a personalized analysis based on trends, strength of drives and potential moves.
Looking at the H4 chart, my overall bias for AUDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.93802, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 0.94982, where the recent swing high is. Take profit will be at 0.91709, where the overlap...
Looking at the H4 chart, my overall bias for AUDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 0.93802, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 0.94982, where the recent swing high is. Take profit will be at 0.91709, where the overlap...
I'm thinking that AUD pairs will drop if the RBA either meet the expected 0.25% rate hike, or it's lower than this, as 0.25% should already be priced in. I'm not expecting a hike above 0.25% when the decision is announced this Tuesday at 3.30am GMT. Looking at the price action, I think we'll either see a big move down, or a bounce from the support area, which...
Good day everyone! Don't forget to put your thumbs up and write comment if you like the idea. AUDCAD sell 0.94365 and 0.94837. SL 0.9600. Risk 1%. Sale from monthly and weekly target area. In the week they came for a test of the upper edge of the balance sheet , and in the week for commercial interest for sale. First Target Standard, Global Target Return to Area...
Hey traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.94 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.