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Audcadlong

AUDCAD facing bullish pressure, potential for further bounce!Prices are facing bullish pressure from pivot level which is in line with horizontal swing low support, 78.6% Fibonacci retracement, and 61.8% Fibonacci extension. Prices might push up towards 1st resistance which is a swing high resistance in line with 127.2% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from horizontal swing low support which coincides with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by TradeGATEHub
AUDCAD 0.97392 + 0.23 % LONG IDEA * PRICE ACTION & CHART PTTNS HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE AUD / CAD PAIR . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
Buy opportuinity on AUD/CADThe pair formed an inverted head and shoulders on 4H time-frame, and bounced up from its neck line after forming a bullish engulfing pattern, which confirmed conditionality of the uptrend and will target level 0.9795as its primary target in the uptrend. if we looking for the RSI indicator we will find that it bounced up from around level 50 which support continuing the uptrend, and the Stochastic shown a positive crossover beside its mid-range which increasing the probability of continuing the current uptrend. So, in my opinion we can go long from current level 0.9679 with SL @ 0.9650 and targets around 0.9795 then 0.9815
Long
by Aelkhatib
** AUDCAD ** long trade currently open, lets watch how plays outThe entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too. Strategy Report
Long
by AL-1-
1
AUDCAD Price Action Analysis | ProtradersNetwork.comAUDCAD started moving in uptrend again after breaking trendline and resistance of 0.9638 level, looks like the correction phase has been ended and now we are on the verge of next bullish move, also we have a Triple bottom or inverse head and shoulder pattern formed that is indicating a trend reversal to the upside, so now i am looking for buying opportunities on the retest of 0.9683 or 0.9638 based on price action confirmations. Join us at community.protradersnetwork.com for more free content.
Long
by Hamza_ProTradersNetwork
AUDCAD approaching 1st support, potential for bounce!Price is approaching our 1stt support, in line with our 23.6%, 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further rise up towards 1st resistance, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the moving average support, showing bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
3
AUD/CAD Create Reversal Head And Shoulder Pattern......BUY N.B- AUD/CAD CREATE REVERSAL HEAD AND SHOLDER PATTERN. IF BREAK 0.94827 SUPPORT ZONE.THEN THIS ENTRY INVELID. SO,YOU CAN USE BUY STOP @0.95946 LEVEL. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Long
by AronnoFx