Audcadsell
AUDCAD : Short Trade , 4hHello traders, we want to check the AUDCAD chart in the 4-hour time frame. The price is moving in a descending channel and has pulled back to the previous floor that was broken. We expect this level to play the role of a resistance level for us and the trend Keep the price down and cause the price to fall until the specified targets. Good luck.
AUDCAD sell Entry : 0.89660
Stop : 0.90625 , Target1 : 0.88590 , Target2 : 0.87730
Risk/Reward Ratio : 2
20 Reasons for sell AUDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: The market structure is bearish, and a doji bearish candle confirms the readiness for another impulsive move. There is no significant support until the target area, indicating the potential for a larger downward move in the coming years.
2:📆Monthly: A clear bearish impulse move is forming on the monthly timeframe, with the first pullback already completed. This suggests a strong downside move in the next few months, and there is also a triangle pattern present.
3:📅Weekly: The bearish structure continues on the weekly timeframe, with an inducement already completed. Price is following its downward trajectory, and another impulsive move towards both medium and larger targets is expected.
4:🕛Daily: Price is currently consolidating and has formed a spring with a high volume spike. There is a high likelihood of price retracing back to unmitigated Fair Value and Order Block areas before resuming its downward move. Sell entries are observed from higher areas.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bearish
6: 2 Pattern Candle Chart: Breakout from a triple bottom pattern or a bearish liquidity sweep.
7: 3 Volume: High volume at the breakout, and the retracement is already completed, suggesting further downside.
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways momentum.
9: 5 Volatility measure Bollinger bands: Price is currently at the lower band, indicating potential further downside movement.
10: 6 Strength ADX: Sideways strength.
11: 7 Sentiment ROC: AUD is weaker than CAD.
✔️ Entry Time Frame: H1
12: Entry TF Structure: Currently in a consolidation phase, waiting for a trigger event or breakout confirmation.
13: Entry Move: Impulsive move.
14: Support Resistance Base: Consider previous inducement and sweep areas as potential support and resistance levels.
15: FIB: Trendline breakout confirmation is awaited.
☑️ final comments: Sell at trendline breakout.
16: 💡decision: Sell.
17: 🚀Entry: 0.8964
18: ✋Stop Loss: 0.9005
19: 🎯Take Profit: 0.8843
20: 😊Risk to Reward Ratio: 2:3
🕛 Expected Duration: 5 days
AUDCAD MY PERSOANL VIEW TODAYBLACKBULL:AUDCAD
AUDCAD possible short scenarion for me .it tested supply zone you could say or resistance for me in this trade as i marked up as resistance area conflunce with ema.it got tested and broke stcature multiple times on 1H TF.
i always have two entries.
my second entry has not been confirmed yet.
fisrt entry :
Entry - 0.89937
Tp - 0.89497
Sl - 0.90245
RR - 1:1.43
AUDCAD MY BIAS TODAYBLACKBULL:AUDCAD
AUDCAD possible short scenarion for me .it tested supply zone you could say or resistance for me in this trade as i marked up as resistance area conflunce with ema.it got tested and broke stcature multiple times on 1H TF.
i always have two entries.
my second entry has not been confirmed yet.
fisrt entry :
Entry - 0.89937
Tp - 0.89497
Sl - 0.90245
RR - 1:1.43
AUDCAD Double Top Bearish 1H TFAUDCAD instrument shows a bearish trend with a double top reversal pattern and the bearish divergence. Take a sell entry at double top neckline with a stop loss at the top with 3 pips above. TP1 and TP2 are placed with 2 trade entries at the risk to reward ratio of 1:2.
AUDCAD SELLAUDCAD is looking so beautiful on the daily TF we are expecting to see price pull back into the neck line 0.90871 before expecting a massive sell to our support level 0.86873 pips target on this trade is 300 pips plus we wait patiently for price confirmation, drop a comment on what you guys think about AUDCAD
AUDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDCAD 1h short sellingHello traders, what we are going to look at today is the OANDA:AUDCAD currency pair.
If you look at the hourly chart of this pair, now there are opportunities to short sell it. But there is a little more up move to come. It has two short entries. My first entry is at 93100 and another entry is at 93600. As far as my eyes can see it is better to short 93600 rather than 93100.
These two entries give you a good result. But timing the market is very important. Just wait for the proper pattern and then enter in anyone of the entry and get wet in the rain of money.
Trade safe!
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
AUDCAD SHORT plays**My trades are 10R+ thats why I never risk more than 0.5% of me account for a trade.**
Waiting for this break to confirmed re-Distribution (1)
If we dont get break , I am almost sure that she is gonna sweep these hi's (2)
they need to mitigaate the news candles here, Potantial Distribution (3)
If break confirmed my limit will be here (4)
Limit already on here (6)
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 possible drop to support levelCurrency Pair : AUDCAD
Possible direction : Bearish
Technical Analysis : Price has formed a double top on the daily timeframe and broken out of this double top. Tested the previous support as resistance and rejected to the downside signaling possible trend change. As from daily price action, we see possible support turns resistance and highly likely price will continue to drop after testing the previous support as resistance and a sell trade is highly probably from this high area of value.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
AUDCAD Trading Plan - 7/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.