By the end of this week or maybe at the start of the next week I'm expecting AUD/CAD to fall all the way down to 86.200 - 86.250 area. Majority of traders are in long positions so I'm looking for shorts and this is the scenario which I'm expecting from AUD/CAD STAY SAFE, TRADE YOUR ANALYSIS AND DO YOUR OWN RESEARCH ALWAYS!!
The price broke a downtrend and will test it a little, then it will continue its march to the top 0.8825 and from this price, I expect it to return to the downside again. 🔥💥 Like, Shared and subscription 💥🔥 Note: If you are a beginner trader, you should be aware of these rules: 1: Do not covet 2: Don't trade too much 3: Secure your positions after entering...
Price at nice support level. Looking for a test of recent highs.
Two areas to take a sell position with a specific risk-to-reward target
AUDCAD buy signal Downtrend The END retest lower line and break through upper big trendline
#AUDCAD ( Australian Dollar / Canadian Dollar ) - Rectangle Pattern in Long Time Frame #LTF and Breakout the Upper Trend Line #UTL and Retested at the Demand Zone - Buying Divergence - Impulse Correction - Break Of Structure - Following Falling Wedge in Short Time Frame #STF and Breakout the Trend Line and Completed the Retest
Australian Dollar/Canadian Dollar was able to make a Head and Shoulder Pattern on the resistance zone when it broke the trend line. I expect that the Australian Dollar/Canadian Dollar will go down at least to the support zone and target of the head and shoulder pattern. 🔅Australian Dollar/Canadian Dollar (AUDCAD) Timeframe 4H⏰. Do not forget to put Stop loss...
AUDCAD LONG Why are we entering? - Expecting AUD strength and CAD weakness - We in wave 5, and we are about to form subwave 4 which is a bullish correction which we are trying to catch - We are expecting rejection at our -0.618 fibonacci level which is also a structure level What is our confirmation? - Rejection of our -0.618 fibonacci level - Break of WFB...
Support broken and now it is going to retest. There is a trade idea of short from given level.
Hey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.869 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
AUDCAD LONG Why are we entering? - Expecting AUD strength and CAD weakness - We in wave 5, and we are about to form subwave 4 which is a bullish correction which we are trying to catch - We are expecting rejection at our -0.618 fibonacci level which is also a structure level What is our confirmation? - Rejection of our -0.618 fibonacci level - Break of WFB...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDCAD is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone . Moreover, the zone 0.845 - 0.855 is a strong support zone. So the highlighted purple circle is a strong area to...
Hey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.86 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Technical Analysis Chart Update AUD / CAD ( Australian Dollar / Canadian Dollar ) Time Frame - H4 Expanding Diagonal in Long Time Frame #LTF Break of Structure ( 0.89088 - 0.88988 ) Fibonacci Level - 61.80% ( 0.89186 ) Rising Wedge in Short Time Frame #STF " 4th " Impulsive wave completed and it will Follow Sell to Complete its Impulse Selling Divergence
Hey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, once we will receive any bearish confirmation the trade will be exeuted. Trade safe, Joe.
The AUDCAD pair is following our trading plan to the point since our last analysis (August 12), which was a sell signal following the 1D MA200 (orange trend-line) rejection: As you see nothing has changed, the price got emphatically rejected on the 1D MA200 and entered a Channel Down that has already hit our first target (0.89120). There is no diversion yet...
Hey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.894 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.