Get started

Audcadbuy

AUDCAD LongDear friends, Here comes another analysis for the future trade. Right now, the price is taking the trendline support to make a move upward. But the trendline has been tested multiple times. From my point of view, it looks like it will break. After breaking in the downward direction, price will test the range from 0.90270 to 0.89550 (Aggressive entry) if it is a normal selling pressure. If selling pressure is high, then the price will again make a move of another 0.00500pts in the downward direction to test the price at 0.89100 (Conservative entry). A good force of touch to this point it will make a move to go upside. But the only problem is the trend will be in the downside and the Algo traders will enter against the bulls to force the rally. Tests patience. Makes us sell. Then finally stocks go up. But it is wise to follow your risk management before taking entry. I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways. Thanks & Regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market". OANDA:AUDCAD
Long
by AlphaTradingStation
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 ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Long
by Theranasaramd