AUD/CAD Full Analysis And How To Trade In Ranges !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
Audcadanalysis
💡Don't miss the great buy opportunity in AUDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9310).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 0.9388
TP2= @ 0.9431
TP3= @ 0.9501
TP4= @ 0.9542
TP5= @ 0.9618
SL= Break below S2
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💡Don't miss the great buy opportunity in AUDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9310).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.9388
TP2= @ 0.9431
TP3= @ 0.9501
TP4= @ 0.9542
TP5= @ 0.9618
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDCAD Seeking For Potential Early Trend ReversalPreviously, we saw price movement for AUDCAD fall short in retesting the 361.8% with an engulfing BULLISH candle after the BEARISH candle. This evinces a great BULLISH pressure pushing price up for AUDCAD. Having said that, a breakout of the trend line is yet to be confirmed for now. We await further confirmation for the breakout or a BEARISH continuation to potentially testing 361.8% fib level. As for now, there is a good short term BULLISH opportunity.
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AUDCAD 06th June - 11th June 2021Price movement forecast for the upcoming week in AUDCAD ( SKS formation most-likely). Currently, the AUDCAD is in a very neutral to bullish position close to a distribution phase (Wyckoff Method), mostly likely trying to build a second shoulder for a SKS formation (Weekly). Please, feel free to share your opinion with me.
AUD/CAD New Long Setup After Retest Our Broken Down ChannelThis 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
AUD/CAD Finally Closed Below Our Supp, New Short Setup AvailableThis 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 top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.