Audcadanalysis
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 .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
Like, comment and subscribe to be in touch with my content!
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 .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
Like, comment and subscribe to be in touch with my content!
AUD/CAD Giving Great Bullish Signals, Long Setup After D ClosureThis 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 BEST SETUP TO TRADEIn audcad we see price was in clear range area from last some days and cosolidate this zone and now price break this area of accumulation phase to upside and on 4h candle close bullish above the zone and range this show the clear break out of market structure and now price restest this resistance now as a support so here we have a good entry for long if price restest and then give us confirmation through candle stick like bullish engufing cndle or hammer and rejecting candle so we go long for the target of next resitance area.
DeGRAM | AUDCAD target for longAUDCAD moved out of the descending channel .
The market failed to make a lower low at the psychological level of 0.8600.
We can see a classic accumilation-expansion pattern.
Price action is likely to test the recent resistance level .
---------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | AUDCAD target for longAUDCAD moved out of the descending channel.
The market failed to make a lower low at the psychological level of 0.8600.
We can see a classic accumilation-expansion pattern.
Price action is likely to test the recent resistance level.
---------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD/CAD Full Analysis , Best 3 Places To Can Sell This Pair 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.