Audcadlong
AUD/CAD falling into a multi factor support!AUD/CAD looks like a great potential long. Set your alerts and trade safe!
AUDCAD LongWatching this one, I think the short is missed to point 1, but I'm also watching to see if it tries to push up above the current resistance level.
If we cross up, I'll be looking at point 2 for a retest style entry.
If it carries back down to the support level below in point 1, I'll watch for a reject/retest type entry there to come back up to the major resistance level @ 0.923 as the target for either situation.
We have a break in the major trend line that has been coming down from the top level, looking to trade price back up to that level.
No entries planned at the moment, just alerts and see where the retest will happen. Most likely, we go back down to the point 1 level and then major move up from there from a double bottom type pattern I would think, looking at the slight downward slant of the double top at the current resistance.
Reposting so the chart is up to date and shows what I'm looking at while making the Idea, cant find the refresh chart for the post like we had before***
AUDCAD met with its support on its parallel channelingAUDCAD met with its support on its parallel channeling. we are seeing upside potential with the mentioned target price and stop loss.
Position : Buy AUDCAD 1H
PRICE : 0.9123
SL : 0.91000
TP 1 : 0.9188
TP 2 : 0.923
TP 3 : 0.09259
Good luck!
AUDCAD LONGAUDCAD is at 4H support zone and there is hidden bullish divergence and trend line also work as a support.in my view is price will go up from here.
Bullish Trade Setup on AUDCADHet Traders,
Here we go on AUDCAD, looking at the chart on 1W the pair broke out of a year descending channel and now making a fair turn to the upside.
With a steady HH and HL he keeps the momentum and it reveal a new Bullish channel on Daily TF.
However, the market just made an absolute retest back to weekly Demand zone which also serve as multiple level of market structure for the pair late DEC.
Having a closer looks at the pair on 4H TF, it just broke the extensive LH & LL journey it embarked on since February, which could indicates a new Bullish run back to retesting the upper band of the channel.
Wee, this is not an indicator to buy blindly, i an anticipating for a more bullish volume to put the 1st supply to test then follow by a pullback to retesting the BOT (trendline) then i will find my entry afterwards.
Watchout.
AUDCAD BUYAlright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal has occurred on the support level so we patiently wait for price to retest or retrace back before we can take our buys. Drop a Comment please on what you think on this Analysis or think about AUDCAD.
Thanks
AUDCAD Bullish Breakout!AUD-CAD broke out of the falling
Narrowing wedge pattern
So we are locally bullish biased
And I think that after the pullback and retest
We will see a move up towards the target above
AUDCAD: Don't miss these sells...Price has formed significant equal lows near a key psychological level.
I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again.
If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside.
I like the look of this and will keep my eye on it, do you feel the same?
Let me know what you think in the comment section.
AUDCAD LONGAUDCAD long.
I think price will follow the path described on the chart.
This is for educational purposes only and should not be considered financial advice.
AUDCADThis Is JUST An IDEA.
AUDCAD BULLISH BUTTERFLY PATTERNS .
IN AUDCAD H4 Timeframe Have BULLISH BUTTERFLY PATTERN TAKE PROFIT Are GREEN LINES.
Be joyful and give to another one.
AUDCAD : Long Trade , 4hHello traders, we want to check the AUDCAD chart in the 4-hour time frame. After moving in a descending channel, the price has simultaneously reached the bottom of the channel and the key level of 0.90500. This level has played the role of a support level in the past and we expect this again. It will play a role for us and the price will have a correction towards the targets of 0.91400 and 0.92200. Good luck.
Lates Buy Setup on AUDCADHey Traders,
It's about time to wait for the Head and Shoulder pattern forming on the 1H TF to complete then wait for the price to successfully break above the CHoCH, aggressive trader can enter a buy while conservatives can wait for retest of the CHoCH before entering a Long position.
Watchout Guys!
AUDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective of AUDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.915000.
‼️Attention!!! Due to the fact that we have news events on CAD on Wednesday and Friday, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDCAD Confluence of support (Diagonal and horizontal). testing daily and weekly double bottom support.
Higher highs established on short-term chart 30m
Entry 0.91.58
SL 0.9090
TP 0.9290
AUDCAD long BUYDown trendline breaked and retesting down trend
LONG entry entered
thin Stopn loss
higher Take Profit
AUDCADThis is just An IDEA .
In AUDCAD DAILY Timeframe have ABCD BULLISH Pattern GREEN LINES are Targets for TP.
WAIT FOR GREEN UP CANDLE.
GREAT DAYS .
AUDCAD - APPROACHING BUY ZONE FOR A BOUNCEMajor support level almost reached on this 4h chart. The zone represents your opportunity to buy!
Bullish Setup on AUDCADHi Traders,
Please check this setup on AUDCAD out and get prepared to long on either of the scenario that gets executed.
Being Patient is key in this setup.
audcad long callbuy and sell prices are mentioned on the chart for this short term trade.
When it exits from the triangle, we will take trade
accordingly. Breaking upper falling resistance
means it will be bullish, breaking lower support
will mean it is bearish.
AUD/CAD Full Analysis , Long & Short Setups, Watch Carefully This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD 2hr (22/02/22)Here is my anticipation for AUDCAD while we wait patiently
What's your thought? Like and comment below
AudCad 17022023 Long IdeaLooking overall bullish sentiment of AXY index and for australian dollar. On hourly timeframe AUDCAD respecting the critical support level and after successful retesting it's expected to move as per trade plan
EP: 0.92257
SL: 0.91987
TP: 0.92647
RRR: 1.4
