Audcadforecast
Aud Cad, a potential breakout patternI believe that trading success relies heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. A consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be continuation or reversal.
It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail.
Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades.
My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favourable trade setups and plans.
Sneaky completion 240 Analysis AUDCADCypher completed under my nose in the first half of the last 60 minutes. Thank the market wizards for entry orders, lol. There could be a retest or even a break below with such a sporadic move. If you get involved remain aware of price action nearest term.
AUDCAD Bullish Wedge (Perfect buy setup!)AudCad is forming a classical bullish wedge on the daily time frame. Besides that its also about the bounce of the lower range. At this stage AudCad looks like a beautifull buy opportunity. When looking at other Cad pairs you can still see that the Cad is a weak currency. Judging by this setup AudCad will soon follow the other cad pairs.
Take profit: 1.0289 > 1.0331
Stop-loss: 1.0010
Long AUDCAD - Until Oil starts to pick back up:Oil has taken a beating recently, so the CAD has suffered a tad.
I am long AUDCAD until oil starts to make a recover (seems like it wants to starting now, make no mistake oil WILL come up again, it's just a matter of when) - So I am long AUDCAD until oil starts to turn around. Target 1.017 - Stop Loss - 1.01
AUDCAD H&S AnalysisCAD bulls are still working to break below the neckline. A retest of the right shoulder is appropriate not necessary.
DOWNTREND IN AUDCAD - 4H CHARTHey Guys,
We may have Blue or Red:
Blue: More downtrend.
Red: One more up and then have an ABC correction to sell.
Watch for these moves!
-
Hola Chicos,
Tendremos camino Azul o Rojo:
Azul: Continuación de la tendencia.
Rojo: Un movimiento más arriba para hacer una corrección ABC y después caer.
Estad al tanto!
Carlos
AUDCAD D TECHNICAL ANALYSISFIRST LONG & LATER SHORT.
80 PIPS UP & 100 PIPS DOWN.
We buy this pair at current level and book profits +80. Once the price reached 1.0350, we sell it and book profit @ 1.0150
We will share further analysis on lower time frame charts to elaborate the idea.
AUDCAD a possible AB=CD trade!As you see guys, looks like AUDCAD making an AB=CD that may complete at major resistance zone. Looking for a possible down move at that level.
AUDCAD approaching strong resistance. Currently retracing from 1.07 on 18/03/13
This pair has touched the 23.6 retrace twice since 14/04/2014.
Both times it has failed to break.
A clear rejection sign at this point (hopefully around the start of April), will be an excellent short opportunity till at least 1.0125.
Audcad Money Trade!!This is The Best Setup Ever. C leg is extremely streched shows bearish pressure.Any short trade cannot be better than this one.
Best of luck Muze (aud/cad)
AUDCAD 4H TECHNICAL ANALYSISTake Entry @ 1.00148
Take Profit @ 1.00904
Stop Loss @ 0.98637
Best of Luck !!
Forecast AUDCAD: limited move down, then move upThis week we have important data from AUD (interest rate decision) on Tuesday, followed by important data from CAD later that day.
Forecast is a stronger AUD. First false move lower on unchanged interest rate decision, then move higher on CAD data.
Alternative view: charts.mql5.com
AUDCAD Good AUD numbersAUD came out strong with Building Approvals m/m and Trade Balance. CAD is not releasing some game changing numbers today, so a little chance to make a bit more profit for the weak on this pair. Keep an eye on the round numbers. Also be ready to scale or go completely out at 1.00520.
AUDCAD SHORT - 5th Impulseshort AUDCAD now guys, pair is now following the 5th impulse wave . take your short positions till the provided targets thanks
AUDCAD short term positionlooking for a retrace back up to the 50ema (red) and a retest of the 50 ema and trend line and a fail. Once it fails and begins to head back down to the lower trend line a sell position can be taken.
AUDCAD short term positionMarket price is approaching a resistance level and momentum is reaching a resistance level as well. As long as market price stays below 1.007 and momentum stays below .004 area this is a safe trade. If momentum breaks above the resistance level I have in place the trade would no longer be safe and should be possibly closed as it could open up room for a bullish move.
AUDCAD SELL OPPORTUNITY 100 PIPS !SO MANY BREAKOUTS JUST APPROVING THE DOWNTREND HAS BEGUN SO I AM OPENING A SELL ORDER AND TP @0.95600 THAT IS AROUND 100 PIPS FREE FOR YOU GUYS BUT ALWAYS TRADE WITH CARE AND USE RISK MANAGMENT!
