AUDCAD - Looking To Buy Pullbacks In The Short termH1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
I expect the price to move higher further in the short term until the strong support zone holds.
Audcadidea
AUD/CAD Bullish At The Moment , Time To Buy Now Or Wait ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD Trade IdeaThe AUDCAD pair has reached a critical support level, marked by this horizontal line on our chart that corresponds to a previous daily open/close. The price is clearly overextended and we expect a correction soon. A potential trade setup may arise later today when the Canadian GDP data is announced. If the data is positive for the CAD, this could offer a good sell opportunity. We are eagerly awaiting this news release. Please note that this is only a trade idea and not a trade recommendation, the information is for educational purposes only and should not be considered as financial advice.
AUDCAD H1 / Expecting a Strong Bullish Move 💲📈 Hello Traders!
This is my forecast for AUDCAD H1. I expect a bullish move on H1 if the retracement will be valid. I expect a rise until the OB around the price of 0.89700.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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AUDCAD I Intraday buy from support Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
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7 Dimension Analysis for AUDCAD 😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Done
🟢 Internal Structure: Also bullish
🟢 Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup
🟢 Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side
2️⃣ Pattern
🟢 CHART PATTERNS: Continuation Ascending Triangle
🟢 CANDLE PATTERNS: This is a consolidation area; no valid candle pattern is observed. We will check our candle patterns at the breakout or market opening
3️⃣ Volume
🟢 We need a deep observation of volume on the breakout
🟢 less than the previous move
4️⃣ Momentum RSI
🟢 Zone: Sideways
🟢 Range shift: Bullish to sideways
🟢 Divergence: A bearish divergence is here, but it's weak
5️⃣ Volatility Bollinger Bands
🟢 High level of contraction
🟢 Various Band Punchers on the upper band, but they don't follow up the signal
6️⃣ Strength According to ROC
🟢 Values: AUD is 7.01 vs CAD 3.02
7️⃣ Sentiment
When we mix up all the parameters, there is a high chance the price can go up during the coming sessions, so we need to seek buy entries during the week
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Sideways as internal
☑️ Current move: Impulsive sideways
✔ Support resistance base: Fixed range volume POI
☑️ Candles Behavior: Nothing is clear
💡 Decision: We need to wait for the price to break the upper level or come downside to our POI area, then we can buy this pair
🚀 Entry: 0.8980
✋ Stop Loss: 0.8925
🎯 Take Profit: 0.9150
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
😊 Risk to Reward Ratio: 3.1
🕛 Expected Duration: 7 days
SUMMARY: The analysis indicates a bullish stance with a well-defined structure and pattern, though the candle patterns are not clear at the moment. The decision suggests waiting for a breakout or a move to the POI area for a buy entry, considering potential internal structure changes and trendline breakouts.
AUDCAD Short Term Sell IdeaH1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
AUDCADI am expecting AUDCAD to make a move upward, thereby taking out the previous high before making way to my TP.
AUDCADAUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
#AUDCAD|| 600+ Buying Setup||Dear Traders,
XAU and AUD are positively correlated which means when price of GOLD goes up AUD goes up too. Hence, AUDCAD dropped heavily in recent time and therefore price is at the 'discounted level' where big buys are expected within the next week. It is crucial to enter with good risk management. Next week is likely to be volatile.
Good Luck and Like and Follow!!
AUDCAD, Expecting down H1AUDCAD, i am Expecting down in H1 soon but it will go a little bit up to take the POI then it will fall directly down to unmitted OB.
AUDCAD Analysis H4Here is my analysis for AUDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Analysis H4Here is my analysis for AUDCAD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCAD Technical Analysis and Trade IdeaAnalyzing the AUDCAD currency pair, we observe a bearish shift in market structure evident on both the 4-hour (4H) and daily (1D) charts, characterized by a substantial downward movement. My focus lies on identifying a potential trade opportunity during the retracement phase, capitalising on the imbalances evident within the chart. I encourage you to watch the video for a detailed explanation, but please be mindful that the information provided is for educational purposes and should not be construed as financial advice or recommendations for trading decisions.
AUDCAD, Bulls to break upside (Long)The price suffered a major decline between 22nd February 2021 (0.99901) to 10th October 2022 (0.86040) and the market bulls took over to correct the price to 0.95489 on 23rd January 2023.
Since then, price has been a decline for the past consecutive 8 months in a descending channel.
Price is nearing a yearly trendline support level which the bulls are accumulated ready to take control at the 0.86241 support level.
The market is ready for another major correction upwards.
The news this week on AUD are not serious but on Thursday Tokyo session on employment change and unemployment rate. Keep an eye out for it.
Support: 0.86241
Resistance: 0.87484 TP1
0.88216 TP2
0.88938 TP3
#AUDCAD has some room to the upsideI went long on AUDCAD currency pair looking for further upside movement. Risk to Reward ratio is kind of good in this setup. Trade safe and do not trust anyone, make your own research and let only market convince you. Take care.
AUDCAD: How low can you go? Australian dollar against Canadian dollar is a fascinating pair.
And from historical chart patterns, we can conclude that AUDCAD is in a descending channel.
Our bias will be to follow the trend down and exit early.
AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUD CAD LONGRIsky Trade which is against the trend.
Risk 0.5%
TP1 = 1:5 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
AUDCAD Analysis 31July2023Upon examination of the bearish channel formed a few months ago, there appears to be a flag pattern in the current price which could indicate a possible reversal. It is expected that prices will remain within a narrow range in the coming weeks. With this analysis, we can pursue scalping with a relatively low level of risk.
AUDCAD, Expecting BuyAUDCAD, I am expecting buy from 4H POI for minimum 100 pips and maximum 200 pips in one move.
