Audcadlong
AUDCAD - Signal to go long to 0.98865Take a close look at the chart. Price broke out of the trendline once and came back inside the trendline which makes it a failed trendline breakout.
Thereafter, price broke out of the trendline again, pulled back, and gave a signal to go long take profit 1 at 0.98865 and take profit 2 at 0.98981.
What do you think?
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
Follow me to receive more contents like this.🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
AUD/CAD Long On BreakoutBeen monitoring this for a few days as it has been close to resistance. It has now risen to this resistance perfectly and if it breaks above we can enter longs. It may hold up just beneath this at first but you should keep an eye on this for a breakthrough.
There is not a very clear resistance level for a TP but we can use the price of 1.00000 as this may be a psychological level.
AUD/CAD Continues it's bullish momentumHi Traders
AUD/CAD Signal (Daily Timeframe)
A medium to high probability, entry to go LONG is forming @ 0.98993 after the market found support @ 0.97130.Only the downward break of 0.97130 would cancel this bullish scenario.
Trade details:
Entry: 0.98993
Stop loss: 0.97130
Take profit 1: 1.00092
Take profit 2: 1.01955
Take profit 3: 1.04992
Score: 9
Strategy: Bullish Breakout
AUDCAD - Two possible movesPrice is currently in the support zone. I expect price to either breakout of the support zone upward or pullback to the demand zone to complete the double top M pattern.
What do you think?
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
Follow me to receive more contents like this.🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
Breakout 5.3RR - Sniper entry + RSI analysisPrice just broke out of a descending channel, which is bullish.
It is ready to break out from a larger timeframe resistance (in yellow)
Based on the trendlines from the RSI, price should be retesting the break of that channel and for a "spring" so that price can break the resistance with force and aggression to the upside.
The spring will be formed from the convergence of multiple supports in the same zone. The POC (in red) is also in that area so we might see a wick touch it.
Here is a better look at the 4H yellow resistance :
I'm taking the price up to the larger term resistance trendline that you can see here on the DAILY timeframe :
And that resistance is also in convergence with the WEEKLY red trendline :
And finally, you could also consider this to be an inverted Head & Shoulders formation on the 15 min timeframe:
AUDCAD - Buy or a sell?Let's wait and see if price will break the treadline into an uptrend or be a downtrend
Let's wait and see what happens next
What do you think?
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
Follow me to receive more contents like this.🤙
Happy Trading💰🥳🤗
Thank you for your support!💓
AUDCAD - Buy Entry - D1 Daily ChartAUDCAD - Buy Entry - D1 Daily Chart
Buy @ Current Market Price or on a pull back into the Buy Zone
Stop Loss @ 0.5% to 1% of your Account Balance
Take Profit @ I will update when to close - Follow me to receive updates ✅
Please support the idea with a Like 👍
Follow me to receive updates of this analysis, plus new ideas ✅
Thank you for your support 😊
Wishing you successful trading 🙏
------------------------------------------------------------------------------------
🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
------------------------------------------------------------------------------------
AUDCAD - Day trade by Keltner Channels - 4 feb 2021ENTRY: Buy Lower/Sell Upper | basis 20 | keltner confirm | reset Keltner | Upper/Lower 1 | crossing: 3 | Candle not entry | HH-LL: 5 | adx: 31 |
1. How to fill color the Keltner Channel:
...All Upper, Basis, Lower inscreased to fill green.
...All upper, basis, lower descrease to fill red.
...One of the Upper, Basis, Lower is not the same direction fill gray color.
2. How to calculate a Trend:
...If the Total of 25 candles > 0 to give Uptrend.
...If the Total of 25 candles < 0 to give Downtrend.
3. How to entry.
- Buy's entry when the Color is up and the price crossunder the Basis.
- Sell' entry when the Color is down and the price crossover the Basis.
4. How to calculate the Stoploss and Take profit: