AUDCAD POSSIBLE SMALL BUY ZONEHas a retest on small zone area possible small buy till top resistance
Audcadlong
AUDCAD buy on H2Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87723 where it could potentially rise further to 0.88421.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD (MEDIUM TERM) TIME TO BUY?The pair to me looks like its getting tightly squeezed into this type of falling wedge, can we see a correction to the medium top channel and maybe a break above towards the impulsive leg? The pair for me is still bearish and i will be watching it closely as their may be some kind of shift in momentum towards the upside and a continuation possibly for a little longer than short term. If you are going to trade this, i suggest you watch it as bulls have not been strong at all
AUDCAD W4 FEB 2020• Long setup
• Forming lower highs and lows within descending channel
• Entry = 50:100 pips (1:2)
AUDCAD look like (W)(X)(Y)Wave (W), a zigzag, (X) a triangle and (Y) unfolding wil likely see a minute wave (a)(b)(c) a rally before dropping for the final leg of wave (Y)
AUDCAD - Long Waiting for a double bottom to form or some sort of reversal pattern and then looking for a long position
AUD/CAD LONG SET UP ON 1HR TFBUY AUD/CAD
Market execution
Entry 1 0.88480
buy limit
Entry 2 0.88380
Sl 0.88237
Tp.1 .88680
Tp.2 0.88980
Tp.3 0.89280
AUD / CAD short position waiting for the break of 0.8889 then we should see continuation to the downside. if no break occurs we Ould see bounce off of the 0.8889 area and the pair could head back up to the upper trend line.
AUD/CAD - Potential sell setupAUDCAD is setting up a rising channel pattern. Although this pair is in an uptrend, we will be waiting for price to break the trend line support and look for sell entries.
AUDCAD Keeps Doing HH's, Follow The Trend. Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
AUDCADAUDCAD is in the uptrend for a short period of time,the price may touches 0.90128, then we have a chance to open a SELL position.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
AUDCAD approaching support, potential for a further rise!
AUDCAD is approaching support at 0.89182 where it could potentially rise further to 0.89518.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD - Buy 06/02/2020Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy AUDCAD from 0.8943-0.8927
Stop-loss at 0.891
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