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Audcadlong

AUDCAD LONG PRICE ACTION FORECAST The price action has found support from the ascending trendline, leading to an uptrend bias. Now, expecting a retest before bullish continuation is feasible to place a long entry at the confluence zone. The ascending trendline meets the supply zone and encounters the Fibonacci level 6.18 for the entry-level. The order: Type: buy-limit S/L: 22 pips - R:R | 1:2.5 - T/P: previous resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
2
AUDCAD - Day trade signal by Keltner 10 Sep 2020* The signal are tested in 3,5 years. Winrate stability over 52% every year. Risk: 1%. * Tradingview's backtest time ~ 3.5 years/Premium account, differs between currency pairs (Cryto is the default backtest time is shorter because the market is open both Saturday and Sunday: about 2 years) - Base on order: 2 ways to enter or combine both. Method 1 + Keltner channel: the price closed above or below Upper / Lower Keltner for signal 1. Wait for the price to adjust to the Basis line, then enter the order. Method 2 + Keltner channel: price closes above or below Upper 2 / Lower 2 Keltner gives signal 1. Wait for the price to adjust to Upper / Lower line, then enter the order. Method 3: combine both, priority 1 if satisfied conditions + Pivot option: appear rising signal: Higher High / Higher Low. Decline signal: Lower Low / Lower High for signal 2. - When the above conditions are met, the Indicator shows a Buy / Sell signal according to the trend. ----------------------------------- - Stoploss: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * risk ratio (risk). - Profit: Calculated from the entry point of the command + - actual oscillation using ATR formula (20) * reward ratio (reward). - Profit: Look the Summary below. - Should be backtest 3 Years (long term), each Year (medium term) and Quarter or 6 months (short term). If each year the success rate is always more than 50%, can be used for actual trading.
Long
by dinhchien
2
AUDCAD - SWING - 08. SEPT. 2020Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Very bullish pressure above main sr level. 4 HOUR Overall bullish waving market structure, good long entries! DAILY Expecting prices to move towards previous week highs. - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.95490 SL @ 0.94950 TP @ 0.96330 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
22
AUDCAD heading towards 52 week high AUDCAD The recent risk rally helps the Aussie dollar to gain some strength against its counterpart Lonnie From August 24 this pair is trading in uptrend and reached the current monthly high of 0.96511 The uncertainty in oil prices also weighing in CAD pairs and it's lose some gain against the strong risk proxy currency which is Aussie dollar After completion of Elliott correction wave 03 which is a current monthly low- 0.94197 this pair went bullish And trading above all the 50,100,200 Exponential moving average will further attract the buyers until 0.9700 which is a 52 week high and a major resistance zone And a supply zone The current monthly high-0.96511 which is a third wave of Elliot principal We can open suitable buy orders at 50% Fibonacci retracement level of third wave which is 0.95588. And a completion of fourth wave Potential take profit will be 0.96964 which is the level expected to be a end of 5th Elliott wave We have to see the bullish engulfing or rejection at 0.94600 level to buy this pair and descending channel got broken on August 26 which is a clear sign of bullish Trend Positive risk appetite will make this pair as more bullish, Have a eye on corona vaccine development and a relationship between USA and China Important key levels Previous week low - 0.94661 Previous week high - 0.96511 Monthly high - 0.96511 Monthly low - 0.94611 52 week high - 0.96964
Long
by forexorbit
2
AUD/CAD W Pattern on Daily TF Hello Traders, Buyers may enter into action near 0.618 fibonacci after the formation of a W pattern with 0.38 level testing partially failed going to look for a good support. Open position and take profit are shown on the chart ( green lines ) If you agree with my ideas put a like and feel free leave a comment to link your trading ideas. Follow me for weekly analysis of swing trading support/resistance , fibonacci retracements, COT data. For informations feel free to contact me. Thanks for your support and let me know what you think! My analysis are for educational purposes only, and in no way represent a solicitation to invest in the financial markets. Compare them with yours and make a decision.
Long
by AidiDuhanxhiu