Sharing these charts are mostly just for me to look back on and learn from. Any criticism is welcome.
Pivot and trend priceaction confirmed for me... fundamental news within 24hours both side but I hope this will fall. letZtry;)
Hi Freedom Traders, in the 30min chart of the AUDCAD a completion of the bearish gartley Pattern would offer us a high probability trading chance. You find possible entry and exit levels for minimizing risk and maximazing profits in the chart. Happy Trading!
aud cad looking to go short here soon. good swing set up here.
AUDCAD Bearish Gartley, please take a eye on the 1.0044 to take this trade
Hi Freedom Traders, on the 240min AUDCAD chart we have a confirmed bearish bat pattern. Should this pattern complete, it would give us a nice trading edge. You find possible entry and exit levels for minimizing risk and maximizing profits in the chart. Happy Trading!
Potential short on Daily chart Aud/Cad Double Top and 618 confluence
I will short the breakout of the short term trend line.
AUD/CAD has broken major trendline resistance and 50% Fib retrace of 1.03975 to 0.96439 fall at 1.00. We see an inverted 'Head and Shoulders' pattern on the daily charts. Watchout for a breakout above neckline at 1.0100 which could see continuation of uptrend. 5-DMA is immediate support on the downside, break below will see next major support at 0.9970...
Hey guys, yesterday we took profit of our last AUDCAD trade that brought in more than 150 pips (see attachment). Now i changed my mind about this pair being the recent movements price has made. As you can see on the left hand side of your screen on the daily timeframe price is testing a daily structure level that acted as support. Being the case, we expect to see...
This week we have important data from AUD (interest rate decision) on Tuesday, followed by important data from CAD later that day. Forecast is a stronger AUD. First false move lower on unchanged interest rate decision, then move higher on CAD data. Alternative view: charts.mql5.com
AUDCAD already test fib 0.61 resistance. Now after short cosolidation, we will see bearish direction to 0.96700 target.
Bearish, no tp at the moment, wait for range and then depends on tp. short upon rt
AUDCAD is finishing a perfect Elliot wave formation. Wave 5 looks like it will continue down to previous lows.