Aud-cad
GBPCAD: The price BROKE a strong PATTERN!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/CAD
⚪ Technical Analysis :
Since December 2020, the price has been moving bouncing up and down between the resistance zone at about 1.75000 and the support zone at about 1.72300, creating an interesting symmetrical triangle pattern.
On the 22nd of January 2021, the price broke through its dynamic resistance line and it has currently reached the main resistance zone.
🔴 Conclusion :
Overall, in the daily and weekly perspective, the price is following an uptrend and I'm confident to see it growing more after an upcoming trend correction.
I'll be waiting for the price reaching and re-testing its previous pattern's dynamic level before planning my long position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDCAD on the 0.5 Fib level 🦐AUDCAD after touching the weekly resistance starts a retracement move inside a descending channel .
The price turn on the 0.5 Fibonacci level.
According to Plancton' s strategy, if the conditions will be satisfied, we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCAD: The Last LONG opportunity!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/CAD
⚪ Technical Analysis :
Since December 2020, the price has been moving with a nice uptrend after it got a strong impulse on the level at about 0.94560.
It reached and broke a daily resistance level at about 0.96550 and pushed up breaking through the level at 0.97700.
On the 6th of January the price finally bounced on the main resistance level (this is a strong weekly resistance that rejected the price many times in the past) and it failed many attempts to break the same level.
The 20th of January the price got a new rejection on the level at about 0.97700 and it seems has started a new uptrend.
🔴 Conclusion :
The price is currently bouncing between two S/R levels and I'm confident to see it reaching one more time its next main resistance zone.
It would be a really short term trade, considering that in the daily and weekly time frame, the price is very close to an important S/R zone that rejected the price many times in the past.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDCAD potential buy at trend line Waiting for a pull back to the trend line which sits nice to the .382 fib level which happened to be the same level from the previous pullback to the trend from the starting point. Looking to buy in the circled area. Any feedback much appreciated still new to this.
AUDCAD on the 0.5 Fib levelAUDCAD after touching the weekly resistance starts a retracement move inside a descending channel.
The price turn on the 0.5 Fibonacci level.
According to Plancton' s strategy, if the conditions will be satisfied, we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCAD - SWING - 11. JANU. 2021Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Sideways market structure.
4 HOUR
Expecting a break towards previous week lows and support zone.
DAILY
Overall bullish market about to turn..
-
FOREX SWING
SELL AUDCAD
ENTRY LEVEL @ 0.98510
SL @ 0.98950
TP @ 0.97880
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDCAD: Deciding zone to go long or shortHello to all,
AUDCAD was came to an important resistance level. Its the top of falling channel and middle of upside main channel.
We can wait any breakout to upside for join a long trade or we can short from here and stop if see any candle close above channel.
Good Luck!
If you find it useful, please support this idea with LIKE.
AUDCAD on an ascending triangle 🦐AUDCAD is testing again the 0.97500 reistance.
The price created a nice ascending channel formation between the structure and the ascending trendline.
IF the market will break and close above we can set a nice long order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCAD PRice is testing our Bearish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUDCAD testing a weekly resistance 🦐AUDCAD on the 4 h chart has created a very strong bullish impulse until the weekly resistance at the 0.96250 level.
IF the price will restest the support at 0.96 and break above we will set a nice long order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDCAD Buy a break setup.AUDCAD - Intraday - We look to Buy a break of 0.9543 (stop at 0.9522)
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bullish.
The bias is to break to the upside.
Our bias remains bullish and further upside is expected to target resistance at 0.9600.
Our profit targets will be 0.9598 and 0.9617
Resistance: 0.9540 / 0.9560 / 0.9600
Support: 0.9520 / 0.9500 / 0.9460