AUD/CAD Trading Opportunity! SELL!
My Dear Friends ,
I analysed this chart on AUD/CAD, and concluded the following:
The asset is approaching an important pivot point 0.90371
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal -0.89800
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.
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WISH YOU ALL LUCK
AUDCAD
AUDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.90000 zone, AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.90 support and resistance zone. we would also recommend to keep an eye on the stock market as American indices are positively correlated with the AUDCAD pair.
Trade safe, Joe.
AUDCAD Is Very Bearish! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.905.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.898 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUDCADGood Night :)
AUDCAD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
AUDCAD: Short Signal with Entry/SL/TP
AUDCAD
- Classic bearish setup
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Short AUDCAD
Entry - 0.90687
Sl - 0.91265
Tp - 0.89821
Our Risk - 1%
Start protection of your profits from higher levels.
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WHAT IF YOU SELL AUDCAD?In summary
Monthly time frame frame is bearish.
Weekly time frame is bearish.
Daily time frame is also bearish.
what we are expecting to see in lower time frame that is 4hr,1hr, & 30 minutes are bullish retracement to fill the price imbalance left behind.
Once that price imbalance is filled, our setup will be ready
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AUD-CAD Head And Shoulders Pattern! Sell!
Hello,Traders!
AUD-CAD has formed a H&S
Pattern on the 1D TF which
Makes us bearish biased
And IF we see a bearish
Breakout of the neckline
Then we will see the price
Going further down
Towards the 0.8942 area
However, IF no breakout
Happens then the short
Setup is invalid
Sell!
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Check out other forecasts below too!
AUDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.906 zone. AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.906 supply and demand zone. if the rejection is confirmed i would set 0.93 as a a target as it's considered the next major resistance AUDCAD will be facing.
Trade safe, Joe.
AUD/CAD short lining up superbly and ready to break below - SMC AUD/CAD
Head and Shoulders formed over the last few months.
We now are just waiting for a break below the neckline and it's text book shorting time.
21>7 - Bearish
Price>200 - Bullish
RSI <50 Bearish div
Target 0.8735
SMC:
With the Head and Shoulders, the top of the Right Shoulder swept Buy Side Liquidity and the price came down.
With the orders sweeping buying, means the big boys are shorting which confirms downside to come.
Just waiting for the picking.
✅AUD_CAD PULLBACK SHORT🔥
✅AUD_CAD is trading in a
Downtrend on the higher
Timeframes and the pair broke
One more rising support which
Is now a resistance line so
As the pair is now up to retest
The new resistance I think
We will see a bearish continuation
SHORT🔥
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