On important areas and based on candlesticks made can be entered .Get more details with me
AUDCAD broke the descending trendline of the bull flag and is ready to test the weekly resistance According to Plancton's strategy, if the price will break above, 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...
Upper slopping channel identified on AUDCAD. Possible quick scalp like trade here with a Risk to Reward ratio of 1:1 not ideal but as TP and SL are reasonable close to current price so the possible loss is somewhat limited. Price could respect lower parallel channel line and move towards previous high or upper trend
We see more than a few confluences for a SELL opportunity on AUDCAD. We drew a fib off the daily time frame and worked our way down using pivot points and seeing that the same area of 6.18 reversal (on the fib) is right along next month's SELL ZONE. Once market opens, wait for the double top to take a SELL.
AUDCAD on the daily broke the descending trendline of the bull flag and is ready to test the weekly resistance during next week According to Plancton's strategy, if the price will break above, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
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 the 2nd of February 2021, the price has been moving following a clear uptrend after it...
The AUD basket has completed a nice pullback to the existing trendline off of the March and October swing lows on the Daily chart. The Aussie Dollar also bounced here at the 50 day SMA. There's a little bit of room to the previous high, and I expect the next area of resistance to be in the 0.8 area. Looking at this chart, I will be looking for a long opportunity...
IF my resistance trend line holds, then i'd be looking forward to short. Probabilities. Lets see
With strengthening exports from AUD due to the world slowly recovering from COVID-19, AUD should be getting stronger. CAD because of Keystone XL would not be able to get a better price for it's oil, being log jammed and land locked.
I think AUDCAD is dropping and I set my first target at 0.94300 I will update you later Now tell me what you think Agree 👍 or disagree 👎?
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 the beginning of January 2021, the price has been showing few signs of weakness, it...
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...
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. 🔵...
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...
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.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
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. 🔵...