Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.95040). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Pair: AUD CAD Time: 1H Target: 0.95933 Stop: 0.95142
AUDCAD - Intraday - We look to Buy A break of 0.9600 is needed to confirm follow through bullish momentum. We look for gains to be extended today. Trading within a Bullish Channel formation. Pivot resistance is at 0.9596. Trend line resistance is located at 0.9630. Trend line support is located at 0.9570. Our profit targets will be 0.9622 and 0.9658...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9575). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9575). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
AUDCAD rejected from downtrendline with bearish movement Price broke lower edge of reversal rising wedge pattern Price is below HVN at level 0.9564 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum It's expected to target support level at 0.9450
#100 sell range: 0.96411 Targets: 0.96221- 0.96031- 0.95841 Stop loss The first goal: the profit to loss ratio is 1: 1 (0.96601) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 0.96411(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
AUDCAD after the last impulse retraced back until the 0.5 fib level of the previous leg over a daily support. The price now testing the 4 resistance area and if the price will break 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...
BUY AUDCAD for a nice long position. Risk to reward ratio is 1:2.3 with calculated stops and targets.
AUDCAD on the 4h chart is currently breaking below the support structure at 0.95500 and consequently breaking the wedge. The price after touching 0.95900 couldn't create new highs and turn into a bearish outlook for a retracement move. At the clear break and retest of the structure, we can set a nice short order according to Plancton's strategy. --–– Follow the...
High probability setup , Multitimeframe support setup as well, and high momentum, and risk reward ratio high as well , wait for lower time frame flag for entry, or enter as you own strategy,
AUD_CAD has reached a resistance confluence level Following a long bullish rally From which I expect a pullback to support of the rising channel Local short! Like and subscribe to never miss a new idea!
AUDCAD is fluctuating on the important resistance level, this fluctuation has formed an obvious H&S pattern. In case of the breakout of minor structure, we're looking to set a sell limit order. 1st Target - 0.94901 2nd Target - 0.94413
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.957). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...