Audcadforecast
AUD/CAD Short Idea (6/4/19)AUD/CAD Short Idea (6/4/19) 4HR Chart
- We have had 3 pins to the upside on the daily after the close, which shows signs of a reversal.
- Looking for the AUD news at 8:30pm CT to push price into the disturbance level creating another wick on the daily and then the reversal towards the fib extensions.
- Targets @ 0.94000 and 0.90400
AUD/CAD: Watch Price and Sell From TOP !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDCAD Bearish Sell Offs Again?#AUDCAD has broken an ascending trend line and fallen, creating a new lower low. If price can reject my zone, I will be looking for long-term selloffs. The potential sell target price is 0.91000
If price breaks the zone to the upside, a re-evaluation will need to be done. But, until then, sells are looking like the best option.
AUD/CAD: SELL From TOP of Structure !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDCAD IS AT A MAJOR LEVELAUDCAD is at a major level right now, the area of support it is at has been tested and failed to break it multiple times. The overall bias of price action is downwards due to the descending trend line marked out in black.
Price is travelling in a descending channel marked out in blue, If price rejects the area of support its at now then we will be waiting for price to break the channel, retest it before we think about any long trade opportunities. However if price breaks below the pink rectangle and comes back up to retest it we will be looking for short trade opportunities.
LEAVE YOUR THOUGHTS BELOW.....
AUDCAD Possible Long SetupAs long as the support level hold well. once price break higher, possible long setup for the next few weeks.
Will he stop sometime? #AUDCADIn the direction of 0.9140 to test the important support Which is in the price above.
AUDCAD HUGE BREAKOUT OPPORTUNITYAUDCAD HAS BEEN TRAVELLING IN A VERY LARGE ASCENDING CHANNEL RECENTLY, IT HAS JUST RECENTLY BROKE OUT BELOW IT, WE ARE EXPECTING PRICE TO COME BACK UP TO RETEST THE CHANNEL AND THEN DROP TO THE -0.27 EXTENSION, SIMILAR TO THE OTHER AUD PAIRS....
(THE RETEST MAY NOT BE VISIBLE ON THE DAILY CHART)
AUDCAD - LARGE CHANNEL TOUCHED (LONG)AUDCAD was travelling within a descending channel on the Daily chart for a long time until price broke out to the upside and formed an ascending channel which is marked out with the black lines.
Price is now at the bottom of the channel and it has also formed a doji candle, this indicates a reversal in price to the top of the channel. We will keep you updated on price action as this trade plays out. The target and Stop Loss is marked out on the chart
IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
Australian Dollar/Canadian Dollar to SHORTMarket will sell on the 1 hour view.
Chose your entry wisely.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
AUD/CAD: Watch Correction Before SELL !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDCAD SELL ON 1HAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Stochastic + RSI provide additional support for my hypothesis
BUY AUDCAD ON 1HAnticipating a breakout upwards as prices closes above ichimoku base and conversion line. Additionally, MACD + Stochastics + RSI confirm shift in trend.
AUDCAD ASCENDING CHANNEL We have an active trade position and idea open which we sent you guys however price action has changed and so has the analysis.
Price broke out of its downtrend and trend line and came back down to retest it as normal, however this time it has formed an ascending channel and price is now at the bottom, we are expecting moves up.
Analysis+Signal #AUDCADWe have a red descending channel here, we can also see in the weekly graph the last decline comes after Doji (Doji candlesticks look like a cross) that generally signals a reversal pattern for technical analysts.
In addition to the Stochastic indicator shows that we have another margin of potential price fall
Sell AUDCAD:
Entry Price: 0.9440
Take Profit: 0.9220
stop loss: 0.9520
AUD/CAD: Wait For Sell !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
