AUD/CAD LONG SETUPLooking like we have a ascending channel indicating bull are in control with a impulsive leg then our correction pattern to continue higher , we now broke the resistance trendline of the correction and retesting now . all we need is a good indication by candlestick confirmations to go higher
Audcadlong
AUDCAD - SWING - 22. MAR. 2021Welcome to our weekly trade setup ( AUDCAD )!
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1 HOUR
Market closed above main sr level.
4 HOUR
Expecting strong bullish price action.
DAILY
Bullish market structure about to push towards previous highs.
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FOREX SWING
BUY AUDCAD
ENTRY LEVEL @ 0.96530
SL @ 0.96150
TP @ 0.97070
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDCAD potential LONG Setupprice has bounced several times at strong important zone, and the trend is still in a bullish pattern,
as you can see in the my chart, this potential moves will touch at least on 61,8 fibb line before it's continue moves up or going to pullback.
this is only my perspective analysis, take ur own risk!!
AUDCAD Long! 1H / 1:3 RRDear fellow traders!
Ding Ding Ding, it’s money making time again!
I’ve spotted a great setup here on AJ !
Here it is:
Entry Level (Buy): at 84.360
Stop Loss: at 84.243
Take Profit: at 84.719
With this setup, we are risking 117 pips for the rewards of 359 pips!
P/S: Please remember, trading is always risky, and if you don't have a proper money management, you are a gambler. We do not expect or hoping that market will go as per our plan. We just speculate, setup an entry level, and if the market goes our way, we make money. If it doesn't, it's still fine, there's always next opportunity.
Good luck!
AUDCAD showing bullish pressure, potential for further bounceAUDCAD is facing bullish pressure from the ascending trendline support. Prices are taking support from 1st support which coincides with 50% fibonacci extension and 61.8% fibonacci extension. Prices might bounce and reach 1st resistance which is in line with 161.8% extension. If prices fall through, it might reach 2nd support which is in line with -68% and 161.8% fibonacci retracement.
AUD/CAD Possible Bullish BreakoutHi Traders
AUD/CAD (H3 Timeframe)
A medium to high probability, entry to LONG is forming @ 0.98975 after the market found support @ 0.98225. Only the downward break of 0.98225 would cancel this bullish scenario.
Trade details:
Entry: 0.98975
Stop loss: 0.98225
Take profit 1: 0.99418
Take profit 2: 1.00168
Take profit 3: 1.01390
Score: 7
Strategy: Bullish Breakout
AUDCAD - Time to buyRead the chart
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AUDCAD Quickie! 15M / 2.5Dear traders,
Here's my idea on AC ! I think we can make some money out of this trade (but with a risk, of course).
Here it is:
Entry Level (buy): at 0.98717
Stop Loss: at 0.98660
Take Profit: at 0.98860
With this trade, we are risking 57 pips, for 143 pips of reward!
Good luck!
P/S: There's a possibility that the market will go straight to the TP. Be cautious if you wanted to enter now and target the provided TP. Always be mindful of your money management.
AUD/CAD out of a symmetrical triangleHi Traders!
Symmetrical triangles are always unknown to me. Price can go either way. Hier it looks like that she has decided to break out and is going north. The price might encounter some obstacles at area 0.989, but my thought is that it will finally go higher around 0.9945.
Cheers
Aud cad short term longLooks like risk on currencies are having a bounce to upside this morning.
In an uptrend on higher time frames and rejecting 61. 8 fib level on higher time frames.
Currently seeing a break out of a triangle formation on lower time frames - will be looking for long opportunities on some sort of retest/correction
AUD/CAD Long From SupportThis has retraced to the point I marked out in my previous post for this pair. This was a very strong downward move so I want to let it settle before opening a long. Also MACD has dropped below 0 and EMA's have crossed lower so I want to see these turn back higher before longing.
I have set TP at 1.00482, I expect a lot of resistance there and above
AUDCAD longAUDCAD created HL in an instant crash and converted the previous resistance zone into a support zone. As an additional confirmation, the two oscillation ratios of 100 EMA and 200 EMA are used, indicating that the two lines are moving steadily upwards. It is the most important proof that there is a strong bull pattern