Audcadlong
AUDCAD { ABSOLUTELY TO THE MOON}I Except AUDCAD to buy after testing the Support level , worst case scenario is when the support get broken
AUDCAD - Bullish Opportunities !Welcome to our Trade Setups - May 19th ( AUDCAD ) !
BUY AUDCAD
ENTRY LEVEL @ 0.93665
SL @ 0.93325
TP @ 0.94345
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
AUDCAD facing bullish pressure, potential for further upside!Prices are facing bullish pressure as prices are taking support from horizontal swing low support in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension and -27.2% Fibonacci retracement. If prices push down, prices might take support on 2nd support in line with horizontal swing low support, 127.2% Fibonacci retracement and 100% Fibonacci extension. EMA is also below prices, showing a bullish pressure for prices.
Double BottomMajor Points
1. 4HR - TF STOCH bullish
2. 1HR - Price is above and staying 20EMA
3. 15m - Stochastics just crossed over up
3. Long-term trend is bearish so this is a counter-trend trade
4. Buy on breakout?
AUDCAD long trade signal - multi-timeframe analysisthe complete setup for AUDCAD in the monthly time frame and following the strategy about support and resistance strategy.
we found the price moving in the down channel but there is a historical important support area in the monthly timeframe, so we should respect it.
in the weekly timeframe, we couldn't admit that the price rejects the support area so we moved to the daily chart.
we found a strong uptrend and that trend is broken trying to reach the bottom of the highest high of the uptrend and that is what the market did.
so from this point, we are expecting the price will reject this area after the backtest and going up.
moving to the COT report we found a huge volume for selling CAD currency, so we decided to buy AUDCAD.
TRUST THE PROCESS
#EG-Finance
You can't miss out on this AUDCAD swingMy name is Precious, popularly known as PugeoFX, I drop in-depth and well-detailed chart analysis. You an trade my analysis and be highly profitable, check out the link for more details.
AUDCAD is in Bullish ModeThe Market is taking 2nd support on its trend line which is indicating bullish movement.
Audcad SetupAudcad moving in down trend so we need to sell it after correction but if we find an descending correction or any channel then we need of bos to buy
AUDCAD longHi there,
AUDCAD possible reversal to the up.
Waiting for confirmation to long.
TG 0.963
SL 0.945
Idea is negated if AUDCAD print expanding flag and continue to the downward, in this case a sell setup will be printed (see comments).
AUDCAD LONGOverall, higher timeframe market structure is bullish. However, based on current D1 market structure breaking to the downside, we are now in a retracement. We'll see if it continues to go long or just roll over and continue short. Feel free to chime in with your thoughts and comments
AUDCAD Long!!!4HR - 3rd touch complete on the bullish flag, price broke out and retested top trend line. A larger long-term structure shows the possibility of a 90% rule completion @ 0.99900.
1HR - Price heading to retest top trendline, 0.95000.
Buy Limit set @ 0.95000.
TP1 - 0.97000.
TP2 - 0.98950.
TP3 - 0.99900.
Please like, follow, and share.
Happy Trading.
AUDCAD Buy Limit SWING TRADE (200+pips?)We see downside liquidity get run and we push up to also break the the trendline, further capturing liquidity.
If price were to come back to that last down candle before the push up, I would expect a push up.
Two possible entries: the open of the candle(aggressive) and the 50%level.
I would scale into the lower tf and watch for accumulation to get an entry with a better R:R
Trade safe Traders and only risk what you can afford to lose
5 Min POI on 4 hr order block snipeThis is a 4 hr order block with 5 min point of interest snipe that i will be looking at buying for higher time frame trend continuation.
