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Audcadanalysis

AUDCAD - 240 MINS CHARTThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves). Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support....
Short
by Tradelikemee
2
AUDCAD BUY- 70+ pips? Once again with my favourite strategy, we have spotted a potential appreciation of AUDCAD: • 3 MA's cross inside the bullish candlestick . • RSI crosses from under 50 to over 50 in the candlestick where the 3 MA's touch. • All while the Ichimoku convergence line crosses the base line during that candlestick . • Additionally, negative MACD decreasing, looking like it is reversing, with the fast EMA drifting away from the slow EMA . • Only factor that does not go in our favour here is the fact that we are opening a long under the ichimoku cloud. We could expect AUDCAD to appreciate over the next 7-8 hours. My entry: 0.89744 TP1: 0.9010 TP2: 0.9045 SL: 0.8918 This is my view, do share your insights!
Long
by mbarbar
2
AUDCADIn AUDCAD after market test its strong resistance trendline at 0.91059 price drop to 0.90930 after the market open if price break market structure 0.90830 than you go for short position and exit on the coming support which i draw in the charts. if price come back and push to upside than wait for the trendline resistance again test if you see again some strong bearish candles than you go short with very good R:R. ENTRY SHORT 0.90808 AND 2ND 0.91049 TAKE PROFIT 0.90561 TAKE PROFIT 0.9030 STOP LOSS 0.91171
Short
by naumanfx_