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Audcadsell

AUDCAD - FOREX - 05. FEB. 2020Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bullish price action, no pullbacks so far. 4 HOUR Very bullish pressure, we need a drop shortly! DAILY Good short entries with stops above previous resistance - FOREX SETUP SELL AUDCAD ENTRY LEVEL @ 0.89630 SL @ 0.90140 TP @ 0.88600 RR: 2.0 Use 0.5% risk! (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
Short
by DACapitalTrading
17
AUDCAD - POTENTIAL SHORT(S)We've seen over the years how strong of a support level 0.91-0.915 has been in rejecting price and setting up long opportunities. It's been broken and has continually been touching this price point yet this time as a resistance, being unable to surpass it. I'm looking for price to extend a bit further towards 0.915 area before entering to setup the RSI which is looking somewhat neutral at the moment, but this price action and the structural pattern are definitely showing bearish intentions. The first target would be the bottom of the nearest daily support area where the breakout bottomed out (0.88-0.89), second target at approximately 0.855 (backtested support) and final swing at the monthly low 0.75. Low risk with a tight stop. Let me know if you have any suggestions or alternate analyses.
Short
by KingEndri
1
AUDCAD - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Sideways price action. 4 HOUR Slowly dropping market with a lot of waves and pullbacks. DAILY Sideways market at its highs, good short entries. - FOREX SETUP SELL AUDCAD 1ST ENTRY @ 0.90310 2ND ENTRY @ 0.90480 (Wait for trigger) SL @ 0.90780 TP @ 0.89780 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
Short
by DACapitalTrading
Aud/Cad "Support Break and Retest"Aud/Cad Started Moving Down , but then had a small retest ( or pullback ) Friday! I believe that this pullback is over. If you move to hour 4 and use candlestick analysis we have a bearish (green) hammer candle coming right off of the support area shown on the chart. So we had our move down , the pullback, and now we are waiting for some kind of confirmation to enter a sell! According to everything shown it seems that price will move immediately down. One thing to note... This is consolidation at the bottom of the downtrend and some longer term traders would not like to trade this chart at this time. Nonetheless I see a nice opportunity for a short term sell for some pips!!!!
Short
by RlcTrading
AUDCAD potential reversal! AUDCAD expected to rise up to 1st resistance at 0.90880 where it could potentially react off and drop down to 1st support at 0.90174. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
AUDCAD reversed from resistance, potential drop! AUDCAD reversed off its resistance at 0.90880 where it could potentially drop further to 0.90174. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone