AUDCAD..SHORTOANDA:AUDCAD A short position can be taken on the specified levels
There is no position before reaching the surface
AUDCAD
AUDCAD Breakout and Potential retraceHey Traders, In today’s trading session we are monitoring AUDCAD for a buying opportunity around 0.88500 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88500 support and resistance zone.
AUDCADKeep an eye on 0.88300 zone if price presents and opportunity to sell, sell hard, but manage risk. Also keep an on 0.88386 zone too. For the counter-trend long, i already have a 5min confirmation entry. Cheers
AUDCADAnother sell opportunity for AUDCAD. Trail SL once it breaks below 0.88373 and lets follow price for this potential short till 0.88060. Cheers.
AUD/CADForming a classic pattern in an uptrend and break to the top.
The price can continue its upward path. (This is just a personal opinion)
Bullish Flag Breakout and 5-0 Pattern Combo TradeI'm closely monitoring AUDCAD, and here's why:
1. Bullish Flag Channel Breakout on 4-hourly chart:
- AUDCAD has recently broken out of a Bullish Flag Channel on the 4-hourly chart.
- This breakout suggests a potential bullish move in the market.
2. 5-0 Pattern on 1-hourly chart at 0.8829:
- Waiting for a retracement, I'm eyeing the completion of a 5-0 Pattern at 0.8829 on the 1-hourly chart for a potential long opportunity.
- Utilizing a combo trade strategy to manage risk and enhance returns.
This combo trade involves combining the breakout from the Bullish Flag Channel with a harmonic pattern entry on a lower timeframe (1-hourly 5-0 pattern).
Feel free to share your insights and trade plans for AUDCAD in the comments below. Check the chart link for a visual representation.
AUDCAD_4H📊Australian dollar vs Canadian dollar analysis The analysis is based on Elliott waves in the medium term The market is in wave abc, which is currently expected to be at the price floor of wave b, and by maintaining the support of 0.88150, it can enter an ascending wave as wave c to the target of 0.89370.
AUDCAD SELL | Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
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Happy March! - AUDCAD Long HTF Analysis
LTW Entry
If I have to be honest, its only the Monthly candle that's giving me an oversold bias to go long. I'm not sure about 3M, 6M or 12M
We could see the W candle close less bearish because of the price hitting the daily S/R zone and showing a Bullish candle stick pattern.
RR is always placed on the Daily. Entry is always on the 4H or 1H.
Hope we all have a successful March.
AUDCAD H1 | Rising into pullback resistanceAUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 0.88700 which is a level that sits a pullback resistance.
Take profit is at 0.87972 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
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AUDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88500 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88500 support and resistance area.
Trade safe, Joe.
AUDCAD I Intraday buy from support (short-term trade)Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUD/CAD: Identifying Significant ZonesTraders,
Let's delve into the key zones for AUD/CAD:
We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again.
Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones.
Additionally, we'll increase our volume around the lower 1-hour zone.
Stay vigilant and adapt to market movements accordingly.
Best regards,
AUDCAD in jeopardy - part 2Weekly look at AUDCAD.
Everything I see is three wave overlapping patterns. There are 3 distinct channels visible that all fit the narrative of an ongoing corrective move that maybe a WXY. Currently, I believe that we are in a wave B of wave Y.
AUDCAD in jeopardyAUDCAD shows bullish momentum on all TFs 8hs and lower (I´m not looking at minute charts). However, it is in my opinion trapped in between two (evtl 3 channels) as part of a bigger WXY. AUDCAD could have already finished the wave B of Y but I´ll give it more room to the upside to the 61.8 or 78.6 fib retracement before it continues down again. Two thresholds need to be taken out (purple line and minor white channel) in order to reach these two fib levels.
Please let me know what you think about my analysis!
AUDCAD, More downside to see? AUDCAD / 1D
AUDCAD / 1D
Hello Traders, welcome back to another market breakdown.
AUDCAD has been trading inside a trading range with a bearish sentiment. Hence, I'm looking for short setups for the coming weeks.
Checkout the chart for what kind of setup I would look to take.
Trade safely,
Trader leo.
✅AUD_CAD BUYING OPPORTUNITY|LONG🚀
✅AUD_CAD will soon retest
The horizontal support
Of 0.8827 from where
I will be expecting
A local bullish rebound
LONG🚀
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AUD/CAD Bullish At The Moment , Time To Buy Now Or Wait ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD : Long Trade , 4hHello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and the price will grow to around 0.89000. Good luck.
AUDCADOANDA:AUDCAD BUY AND SHORT position can be taken in the specified area
There is no position before the area
AUD/CAD SELL STOP at .8850AUD/CAD is carving out a classic M-Top candle pattern at resisance so a break of the neckline at .8850 will be a confirmed SELL.
M-Tops and W-Bottoms are proof that you don't need indicators to trade.
Indicators obviously help and I use them - but you don't NEED them.
You'll be a successful trader if you just traded M-Tops and W-Bottoms.
These patterns are traditionally traded on a 1:1 ratio with the STOP taken from the neckline to the top of the pattern and the TAKE PROFIT at 1:1 so the STOP is .8879 and the TP is .8819.
As ever, these levels are not set in stone and you should always micro manage your trades and if you reach your take profit and the momentum is still with the position then adjust you TP accordingly.
Similalrly with STOPS. A STOP is not necessarliy a line in the sand that should not be crossed.
If price bounces but the overall structure is still in place then by all means squeeze the SL a bit higher rather than lose but be mindful that there MUST BE a line in the sand if price is continuing north and your're SHORT.
The old adage "let your winners run and shut down your losers early" is for ever true.
