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AUDCAD

AUD/CAD Trading Opportunity! BUY! My dear friends , I analysed this chart on AU/CAD, and concluded the following: The market is trading on 0.88728 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Target - 0.89409 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
11
AUDCAD _____ PLAN YOUR TRADESHello traders, AUDCAD is a pair that I have been watching for some time now. Right now, it is trading in a very interesting demand zone. This chart is on the daily timeframe. I want you to go into your weekly timeframe and notice the candlestick on which the demand zone (yellow box) is based. You will notice a strong buying in that candle. I have noticed this candlestick and how it affects price movement. Most traders focus on just candlesticks but I want you to also focus on a narrative of why the candlestick and the incoming move make sense. Let's build a narrative, 1. The monthly chart is showing a retracement of bullish price action. In essence, we expect to continue the bullish move soon 2. The weekly chart also has the same bullish narrative as the monthly chart and is inside a strong bullish candlestick 3. The daily chart is showing that sell-side liquidity has been swept on its way to the weekly demand zone. We also have buy-side liquidity to go after. Now that's how you build a narrative before you start looking for a buy setup. Remember, because your narrative makes a lot of sense, does not mean the market must obey. That is why you must NEVER ignore risk management. Follow me for more analysis. Cheers, David
Long
by jabariofafrica
2
20 Reasons for sell AUDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The market structure is bearish, and a doji bearish candle confirms the readiness for another impulsive move. There is no significant support until the target area, indicating the potential for a larger downward move in the coming years. 2:📆Monthly: A clear bearish impulse move is forming on the monthly timeframe, with the first pullback already completed. This suggests a strong downside move in the next few months, and there is also a triangle pattern present. 3:📅Weekly: The bearish structure continues on the weekly timeframe, with an inducement already completed. Price is following its downward trajectory, and another impulsive move towards both medium and larger targets is expected. 4:🕛Daily: Price is currently consolidating and has formed a spring with a high volume spike. There is a high likelihood of price retracing back to unmitigated Fair Value and Order Block areas before resuming its downward move. Sell entries are observed from higher areas. 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bearish 6: 2 Pattern Candle Chart: Breakout from a triple bottom pattern or a bearish liquidity sweep. 7: 3 Volume: High volume at the breakout, and the retracement is already completed, suggesting further downside. 8: 4 Momentum UNCONVENTIONAL Rsi: Sideways momentum. 9: 5 Volatility measure Bollinger bands: Price is currently at the lower band, indicating potential further downside movement. 10: 6 Strength ADX: Sideways strength. 11: 7 Sentiment ROC: AUD is weaker than CAD. ✔️ Entry Time Frame: H1 12: Entry TF Structure: Currently in a consolidation phase, waiting for a trigger event or breakout confirmation. 13: Entry Move: Impulsive move. 14: Support Resistance Base: Consider previous inducement and sweep areas as potential support and resistance levels. 15: FIB: Trendline breakout confirmation is awaited. ☑️ final comments: Sell at trendline breakout. 16: 💡decision: Sell. 17: 🚀Entry: 0.8964 18: ✋Stop Loss: 0.9005 19: 🎯Take Profit: 0.8843 20: 😊Risk to Reward Ratio: 2:3 🕛 Expected Duration: 5 days
Short
by Optimum369
Market structurePrice has been moving in a corrective manner to the downside, structures were broken and the continued with this corrective bearish move until the 0.89255 low which also created a demand zone. The the market pushed aggressively up and nicely mitigated the 4h order block. The market started to significantly decrease, hence we have this current scenario. The idea here is for price to continue dropping and mitigate the demand zone which will provide a nice opportunity for buyers…
by tokelohomi
1
AUDCAD Is Very Bearish! Sell! Here is our detailed technical review for AUDCAD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.897. Considering the today's price action, probabilities will be high to see a movement to 0.891. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2