AUDCAD Down Trend.!#AUDCAD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
ThankYou.!
Audcadforecast
AUDCADHello traders. Due to the positive divergence in the daily time frame and the break of the downtrend line, I expect the price to rise to the wedge ceiling. Be profitable
Audcad ready to sell demand zone is targetAudcad ready to sell demand zone is target weekly time frame sell trend we expect ready to fall
AUD/CAD: Market balanced since a while!Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the AUD/CAD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Weekly timeframe:
Daily timeframe:
4 hours timeframe:
The market is still trending to the downside, currently moving inside a fair value area with sellers still slightly in control.
As you can see on the chart, an intraday bearish impulse pushed the price down, breaking a local key level and is currently retesting the lower value of its area, closed to an interesting demand zone, level of price where the market could find buyers pressure ready to step into the market.
When, where and why would I step into the market?
Usually, big fair value areas like this, are definitely tradable with a good strategy! However I wound not entering with any long position until the overall perspective will be bearish.
With a good demand, a possible rejection is expected and a movement from the lower value to the price control is most likely to happen.
The trading activity is quite balanced, and in this kind of scenario I would definitely be waiting for the price to reach the top of the value area and then eventually planning a short position to entry with the majority!
At the moment this trade idea is only a directional forecasting and no action will be taken!
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
AUD/CAD 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/CAD for the new week ahead
AUD/CAD is in a sellers market still, so i will be looking for a pullback to order block zones and take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/CAD 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/CAD for the new week ahead
AUD/CAD is in a sellers market, so i will be looking for a pullback to order block zones and take sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/CAD---CONTINUE THE DOWNTRENDThe Australian dollar initially tried to rally against Canadian dollar this past week, but as you can see, we continue to see a lot of selling pressure near the 0.93 handle. We have been grinding lower for a while and it now looks like we are getting ready to rollover to continue the overall downtrend. This does make a certain amount of sense, considering just how strong crude oil suddenly is. At this point, I anticipate that this market will revisit the 0.90 level.
AUDCADBecause +HD has a on the indicator MACD And on the other hand, the price has returned below the resistance I expect the price to fall to the previous floor. Are you agree?
AUDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
AUDCADThis pair looks BULLISH in a the Longer time frames (W, D) but it seems to be struggling to break structure that confirms the bullish bias. There is a likely short term SELL opportunity that is currently present. The other option is to wait for the market to continue accumulation, break out of structure and then find an entry on a retest. Goodluck!
AUDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
AUDCAD: SWING / LONG TERM ENTRY BUY 400 PIPSHere is my idea for this pair.
my target 400PIPS +++
Good luck and safe trade
AUDCAD | H1 |📈1) Heiken Ashi candle “closed” with no wick. 2) Gold line is above dotted line. 3) Green line is over red line | Stop-loss: Placed “just below” candle that just “closed” with no wick | Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no wick | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a wick (of any size) | Close trade before market close Friday
AUDCAD (1H) OUTLOOK - BEARISHGood Morning Friends,
Am taking a good look at AUDCAD (1H)🔥🔥🔥
AUDCAD price currently is playing inside a flat bottom triangle, and price is correcting/heading to touch the trendline from where seller will step in to push price down to 0.91043 area (lower bounds of our flat bottom triangle).
MACD (1D) clearly indicates that sellers are still present and willing to deal. MACD (1H) confirmed this as there are not buyers present at all.
Entry would be idea if price kisses the trendline, with STOP LOSS at 0.92134, TARGET at 0.91043
RRR of 1:3.42 (25.0:85.5 pips)
I will update here if anything changes
PLEASE LIKE AND COMMENT, ALSO FOLLOW ME FOR MORE
AUDCAD AnalysisAUDCAD daily current leg is unclear but the swing and the intraday time frame is on a good short side
AUD/CAD:DOWNTREND | PRICE ACTION ANALYSIS | SHORT SETUP ACTIVE..Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
AUDCAD MAY GO LONG ACCORDIN TO MY TECHNICALS (24/10/2021)Disclaimer:- Educational Analysis says AUDCAD may go LONG according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 15 min timeframe pair is making lower high and higher high which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS THEIR ARE TWO DOUBLE BOTTOM WHICH HAVE APPEARED AT SUPPORT ZONES
ENTRY 0.92312
STOP-LOSS 0.92196 (11.8 PIPS)
TAKE PROFIT 0.93004 (69 PIPS)
RISK TO REWARD RATIO IS 1:5.85
AUDCAD longAfter a strong consolidation, we can now see that the price managed to break out of the consolidation structure with great bullish momentum! I'll be looking for a long entry on a retest.
NICE TRADING!!!
$AUDCAD Short term trade analysisThe trade is on a long-term short.
weekly resistance at 0.91200. Buyers might enter the market strongly in that zone.
AUDCAD; important decision aheadFor about four weeks now AUDCAD has been trading in a strong bearish trend. So far the price has formed a falling wedge pattern on 4H as it approaches the daily support which is also a potential demand zone.
I expect a reversal from this zone. To trade more safely I will wait for the breakout and retest of the structure.
The setup will be invalid once the price violates the highlighted support.
What is your opinion on AUDCAD?
