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Audcadidea

AUDCAD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
3
AUDCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
AUDCAD short trade ideaPlan : trendline or support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
AUDCAD - Ascending Wedge / Potential Rejection📢AUDCAD 4H - Technical Breakdown 📈Price action has been trading within an ascending wedge since the large sell-off that saw bears take price levels down to the current range low at 0.80700. Since then price action has re-gained 800 pips to the upside. 📊The current market price is testing the ascending wedge overhead resistance at 0.88670 highlighted within the blue box, as price action looks over-extended it's best to assume a rejection will take place upon market open. A rejection should see price levels return to the support of the ascending wedge resulting in a low risk, high reward swing trade netting in excess of 200 pips.
Short
by SmithTradeSmart
AUDCAD long trade ideaPlan‌ ‌:‌ ‌wait‌ ‌for‌ ‌the price ‌to‌ ‌bounce‌ ‌off‌ from support‌ level ‌-->‌ ‌wait‌ ‌for‌ ‌the‌ ‌rejection‌ ‌candle‌ ‌pattern‌ ‌to‌ ‌form‌ ‌e.g.‌ ‌bullish‌ ‌engulfing‌ ,‌ ‌pinbar‌ ‌, etc‌ ‌-->‌ ‌BUY‌ ‌ ‌ **Disclaimer** ‌ ‌the‌ ‌content‌ ‌on‌ ‌this‌ ‌analysis‌ ‌is‌ ‌subject‌ ‌to‌ ‌change‌ ‌at‌ ‌any‌ ‌time‌ ‌without‌ ‌notice,‌ ‌and‌ ‌is‌ ‌provided‌ ‌for‌ ‌the‌ ‌sole‌ ‌purpose‌ ‌of‌ ‌assisting‌ ‌ traders‌ ‌to‌ ‌make‌ ‌independent‌ ‌investment‌ ‌decisions.‌ ‌ ‌ Traders!!‌ ‌if‌ ‌you‌ ‌like‌ ‌my‌ ‌ideas‌ ‌and‌ ‌do‌ ‌take‌ ‌the‌ ‌same‌ ‌trade‌ ‌like‌ ‌i‌ ‌do,‌ ‌please‌ ‌write‌ ‌it‌ ‌in‌ ‌comment‌ ‌so‌ ‌we‌ ‌can‌ ‌manage‌ ‌the‌ ‌trade‌ ‌together. ‌ ‌ _____________________________________________________________________________________________________________________‌ ‌ ‌ Thank‌ ‌you‌ ‌for‌ ‌your‌ ‌support‌ ‌;)‌ ‌ ‌ GWBFX‌ ‌
Long
by GWBFX
4