Audcadanalysis
AUDCAD H1 TRADING ANALYSISHello Traders
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AUDCAD H1 TRADING IDEA
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DeGRAM | AUDCAD target for shortAUDCAD moved out of the ascending channel .
The market has reached the psychological level at 0.9000.
Price action is likely to test the support level after rejection.
We expect a pullback.
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Audcad ready to rise after TL breakoutHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:AUDCAD
We can see formation of bullish pattern
So we are expecting a strong rise from support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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DeGRAM | AUDCAD retracementAUDCAD moved out of the ascending channel .
The market has reached the psychological level at 0.89500.
Price action is likely to test the support level after rejection.
We expect a pullback.
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DeGRAM | AUDCAD target for longAUDCAD moved out of the descending channel .
The market formed a consolidation zone at the support level .
Price broke and closed above 0.87000.
We expect a retest of the resistance level .
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AUDCAD Next Possible Move#AUDCAD ( Australian Dollar / Canadian Dollar )
- ELLIOT WAVES - Completed the " 1234 " Impulsive Wave and Making " 5th " Corrective Wave
- Rejection from Fibonacci Level - 38.20 %
- Selling Divergence
- Rejecting Bullish Movements from Demand Zone in a Corrective Pattern " Bullish Channel "
AUDCAD - Long from support ✅Hello traders!
‼️ This is my analysis on AUDCAD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue bullish price action after rejecting from support + institutional big figure.
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AUDCAD Next Possible Move#AUDCAD ( Australian Dollar / Canadian Dollar )
- Rectangle Pattern in Long Time Frame #LTF and Breakout the Upper Trend Line #UTL and Retested at the Demand Zone
- Buying Divergence
- Impulse Correction
- Break Of Structure
- Following Falling Wedge in Short Time Frame #STF and Breakout the Trend Line and Completed the Retest
AUDCAD ZONE TRADE SETUPIN AUDCAD price was its support and previous range resistance area on the monday open wait for the direction of market if price break its trendline and black level to the upside the good setup to trade for long and the targets are next level which is 0.8794 and thursday high/
2nd scanario/
if price break this level of support to the downside than we see on the left hand side clear rang consolidation range and expected to price move in this range and test its range low 0.86000 area.
DeGRAM | AUDCAD false break the resistanceAUDCAD moved out of the descending channel .
The market failed to make a higher high at the psychological level of 0.8800.
Price action is likely to test the recent support level .
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AUDCAD - Expect the retracement ✅Hello traders!
‼️ This is my analysis on AUDCAD .
Here we are in a bearish market structure, but we can see that price rejected perfectly from institutional big figure 0.86000, so I expect a retracement till the resistance level.
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