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!!!!!!!!!!!
AUDCAD rejected from downtrendline after forming false breakout MACD and RSI both show negative divergence MACD shows bearish momentum RSI is below level 50 Price is based below key level at 0.8852 It's expected for coming bearish wave to target level 0.8685
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bullish takeout of shortterm short holders. 4 HOUR New LH formed, down now! DAILY Overall bearish market with upsite pullback, great short entries! - FOREX SETUP SELL AUDCAD ENTRY LEVEL @ 0.88170 SL @ 0.88920 TP @ 0.86670 RR: 2.0 Use 0.5% risk! (Remember to add a few pips to all levels - different...
AUDCAD rebounded from demand zone at level 0.8725 with strong bullish movement after forming false breakout Price is rejected from SMA 100 with confirmation of pin bar candlestick pattern Pair is forming bullish reversal pattern "big W" RSI is above level 50 First target will be at key level 0.8844 then second target will be at supply zone 0.8954
I have been short this pair since 6/2/20 after it rallied into a great resistance zone. After a confirmation candle closed on the 1D I set a pending order to short this pair. I am looking at taking it to the previous low, but i expect it to move to the bottom trend line as I believe we are now in a down trend. Risk:reward was 1:2 but after moving my SL to my...
Here we have a possible breakout happening! Confluence of trendlines plus support/resistance zone ! With all that been happening with corona virus and Australia itself, its my belief that we could see a weak aussie and another push lower here! What do you think?? Care to comment?
We got some pretty great pips here !! Now its time to add one more position! Going for that 0.8600 mark! Right now, price broke 0.8900 support and its testing it as resistance! Last week of january we saw the most recent touch on the down-trend line with a huge rejection. What do you think?? Let me know in the comments! You can also join me on my group chat!!...
This pair will be important to look at this week because of the weekly SR it made to… it hasn't been there since 2010. So that means this is a major setup forming. This key level has delivered strong respect off support the last time it was hit. Let's see will it do it again. If not, I have one short TP that I'm aiming for… that is, if it can breakthrough. ...
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy AUDCAD from 0.8943-0.8927 Stop-loss at 0.891 You will find more trading ideas in SAV Finance community.
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bullish price action, no pullbacks so far. 4 HOUR Very bullish pressure, we need a drop shortly! DAILY Good short entries with stops above previous resistance - FOREX SETUP SELL AUDCAD ENTRY LEVEL @ 0.89630 SL @ 0.90140 TP @ 0.88600 RR: 2.0 Use 0.5% risk! (Remember to add a few pips to all levels -...
AUDCAD D1 -Strong Support Zone -Need Candle Confirmation -Demand Zone =Buy Signal
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 0.88890 TP1 - 0.89310 TP2 - 0.89711 TP3 - 0.90112 SL - 0.88763 Reason: Previously strong support zone retraced the price to Upward inside the Channel. We can initiate a Long position after price manages to close above the support zone. Thank you for reading this idea! Hope it's...