The price is oscillating here between a zone of support and a zone of resistance. Going into the weekend these are the most important areas to look out for. We can see that the price bound off the 0.5 fib level just now with a really strong green candle. In general there seems to be an upward move happening on AUDCAD with a small slowdown in the last few...
On the right we can see what looks like a failed breakout, that triangle where it broke up from, retested, made a new high but got rejected again. So good chance it was a small bull trap move. On the left we can also see that the daily candle is starting to become a sell signal. If it would drop some more today, and make a red body, it would be a nice sell signal....
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair was moving in a descending channel , it has now hit its resistance line and if it fails to break the resistance line ten it will fall back till first support. Let...
#AUDCAD - Tendency: Bearish Observations: I - Candle sticks have formed weakness ii - RSI shows overbought iii - Price reached a key level at 0.8900 Note: I - I won't take this trade until i see a more clear reversal signal on the 15min timeframe ii - If price pullsback and rejects the 0.8800 level and begins to push lower, I will take another sell and the...
AUD/CAD has been trading in this channel on the 1hr Renko ATR chart since mid March. I can see a short coming of around 250 pips. Nice divergence set up also on the 15 min Renko ATR chart. Good luck, stay safe, stay at home and protect lives. ## Happy trading
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 AUDCAD technicaly indicators showing we can expect higher bulish market continuation, AUD is have rate cut ago...
AUDCAD .. IS THIS TO MUCH? LOL. PRETTY MUCH I SEE THIS WAY.
AUDCAD broke uptrendline Pair is based below supply zone at level 0.8690 on short term pair is in downtrend Below SMA 100 on H1 frame MACD shows start of bearish momentum Below HVN at level 0.8558 we r waiting support level 0.8524 to be broken to open short trade It's expected to target first level 0.8234 then target level 0.8050
The Aud/Cad (same as Nzd/Cad) falling down to tp@0.85430(fibonatchi 0.618). Means 1300 pip is ticket profit ! (The market is very turbulent this weeks then get low risk for none us currencies.)
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! Good Luck!!!!!!!!!!!
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! Good Luck!!!!!!!!!!!
Took 3 trades on GU. Aiming for about 1300 pips in total
massive potential as we look into weekly we see a lot of strength and momentum we are nearing the ichimoku breakout green cloud ahead very close to potentially massive run