Audcadanalysis
DeGRAM | AUDCAD back to consolidation zoneAUDCAD moved out of the ascending channel and gained momentum from resistance and the trendline.
The market returned to consolidation zone.
Price action is likely to move down from the psychological level and test the support level.
We expect a pullback from the support level.
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AUD/CAD Multi-Timeframe & Order Flow AnalysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
DeGRAM | AUDCAD break the consolidationAUDCAD broke out of the ascending channel and then created a consolidation.
The market is printing higher highs, indicating bulls are putting pressure on the resistance of the consolidation zone.
Price action is likely to break and close above the resistance.
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DeGRAM | AUDCAD target for shortAUDCAD broke out of the ascending channel with an equal-measured move.
The market is near the resistance and a psychological level of 0.9200.
Price action is likely to move down from the psychological level and test the support level.
We expect a pullback.
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AUDCAD LONGPrice is consolidating in an expanding triangle from 1987 to till date after a clear bearish impulse from 1970s to 1987 which fundamentally 1980s ended in failure, a monetary policy failure – a deep recession provoked by interest rates of 18 per cent resulting in unemployment above 11 per cent. Then Corrected (A) to (B) with triple combo (Elliot Wave Correction) for 20 years and running for (C) wave since then beside Australia has seen average annual economic growth of 3.3 per cent over the period from 1992 to 2017. We are expecting and diagnosing wave (C) as shown in the graph. Have a better luck!!! If you like the idea hit support button. Thanks
AUD/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on AUD/CAD pair as following :
TRADE 1:
ENTRY @ ACTIVATE NOW
SL @ 0.91686
TP @ 0.92676
RRR : 1:4.05
TRADE 2:
ENTRY @ 0.91473
SL @ 0.91249
TP @ 0.92555
RRR : 1:4.83
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
DeGRAM | AUDCAD target for shortAUDCAD moved out of the ascending channel and created a box after the sell off.
The market is moving towards resistance and a psychological level of 0.9200.
Price action is likely to move down from the psychological level and test the support level.
We expect a pullback.
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AUD/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on AUD/CAD pair as following :
TRADE 1:
ENTRY @ 0.91594
SL @ 0.91487
TP @ 0.91969
RRR : 1:3.5
TRADE 2:
ENTRY @ 0.91350
SL @ 0.91262
TP @ 0.91664
RRR : 1:3.57
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
AUDCAD - Long from bullish orderblock ✅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 make a retracement to fill the imbalances lower and then to reject from bullish orderblock.
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AUDCAD forecastAfter the persistent bearish channel the market started to move in a volatility contraction pattern to the upside... Now we’re currently at a pretty much significant area, from here we wait for price to slightly violate this liquidity zone to price 0.91385. After the retracement then we should expect an aggressive bearish movement targeting price 0.87583 which is our stop order... However, we might as well embark on this trade because it’s going down already. Our stop loss is already in place for a safer trade...